Lathbury Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 07960308 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Lathbury Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs J A Boore

REGISTERED OFFICE:

The Island House

Midsomer Norton

Radstock

Somerset

BA3 2DZ

REGISTERED NUMBER:

07960308 (England and Wales)

ACCOUNTANTS:

King Watkins Ltd

The Island House

Midsomer Norton

Radstock

Somerset

BA3 2DZ

FIXED ASSETS

Tangible assets

2

787

-

CURRENT ASSETS

Debtors

8,500

9,212

Cash at bank

5,051

566

13,551

9,778

CREDITORS

Amounts falling due within one year

8,485

7,332

NET CURRENT ASSETS

5,066

2,446

TOTAL ASSETS LESS CURRENT LIABILITIES

5,853

2,446

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

5,843

2,436

SHAREHOLDERS' FUNDS

5,853

2,446

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 14 November 2016 and were signed by:

Mrs J A Boore - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting

Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

1,174

At 31 March 2016

1,174

DEPRECIATION

Charge for year

387

At 31 March 2016

387

NET BOOK VALUE

At 31 March 2016

787

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2016 the company owed Mrs J Boore £627.

During the financial period the following dividends were paid to directors of the company:

Mrs J Boore £25,000 in respect of ordinary share capital.