Abbreviated Company Accounts - LYNDEV AIRSHAFTS LIMITED

LYNDEV PRECISION ENGINEERING LTD - Company Information

08113355 LYNDEV AIRSHAFTS LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08113355 2015-04-01 2016-03-31 08113355 2016-03-31 08113355 2015-03-31 08113355 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08113355 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 08113355

LYNDEV AIRSHAFTS LIMITED

Abbreviated Accounts

31 March 2016

LYNDEV AIRSHAFTS LIMITED Registered Number 08113355

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	52,020	10,807
		52,020	10,807
Current assets
Stocks		4,000	4,000
Debtors		11,467	13,403
Cash at bank and in hand		11,763	11,735
		27,230	29,138
Creditors: amounts falling due within one year		(27,478)	(19,569)
Net current assets (liabilities)		(248)	9,569
Total assets less current liabilities		51,772	20,376
Creditors: amounts falling due after more than one year		(15,652)	-
Total net assets (liabilities)		36,120	20,376
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		36,119	20,375
Shareholders' funds		36,120	20,376

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 23 December 2016

And signed on their behalf by:
P Douglas, Director

LYNDEV AIRSHAFTS LIMITED Registered Number 08113355

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost and 10% on cost

2Tangible fixed assets

	£
Cost
At 1 April 2015	16,251
Additions	49,219
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	65,470
Depreciation
At 1 April 2015	5,444
Charge for the year	8,006
On disposals	-
At 31 March 2016	13,450
Net book values
At 31 March 2016	52,020
At 31 March 2015	10,807

3Called Up Share Capital
Allotted, called up and fully paid:

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