Abbreviated Company Accounts - L.G. LEISURE LIMITED

L.G. LEISURE LIMITED - Company Information

04666184 L.G. LEISURE LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 04666184 2015-04-01 2016-03-31 04666184 2016-03-31 04666184 2015-03-31 04666184 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 04666184 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 04666184

L.G. LEISURE LIMITED

Abbreviated Accounts

31 March 2016

L.G. LEISURE LIMITED Registered Number 04666184

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	64,804	72,914
Tangible assets	3	494,376	509,840
		559,180	582,754
Current assets
Stocks		33,736	27,541
Debtors		3,564	8,938
Cash at bank and in hand		45,202	42,287
		82,502	78,766
Creditors: amounts falling due within one year		(499,985)	(405,357)
Net current assets (liabilities)		(417,483)	(326,591)
Total assets less current liabilities		141,697	256,163
Creditors: amounts falling due after more than one year		(414,449)	(429,397)
Total net assets (liabilities)		(272,752)	(173,234)
Capital and reserves
Called up share capital	4	4	4
Profit and loss account		(272,756)	(173,238)
Shareholders' funds		(272,752)	(173,234)

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 December 2016

And signed on their behalf by:
Mrs L H Fisher, Director

L.G. LEISURE LIMITED Registered Number 04666184

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The company's turnover represents the value, excluding VAT, of goods and services supplied to customers.

Tangible assets depreciation policy
Plant & Machinery - 8 % per annum of cost
Motor Vehicles - 20 % per annum of cost
Fixtures & Fittings - 15 % per annum of cost

Intangible assets amortisation policy
Goodwill - 20 years

2Intangible fixed assets

	£
Cost
At 1 April 2015	162,195
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	162,195
Amortisation
At 1 April 2015	89,281
Charge for the year	8,110
On disposals	-
At 31 March 2016	97,391
Net book values
At 31 March 2016	64,804
At 31 March 2015	72,914

3Tangible fixed assets

	£
Cost
At 1 April 2015	1,225,839
Additions	83,651
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,309,490
Depreciation
At 1 April 2015	715,999
Charge for the year	99,115
On disposals	-
At 31 March 2016	815,114
Net book values
At 31 March 2016	494,376
At 31 March 2015	509,840

Creditors :
Amount falling due within one year - £14,665
Amount falling due after more that one year - £414,449
Total secured creditors - £429,114

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4