Landar Consulting Limited - Period Ending 2016-03-31

Registration number: 06135203

Landar Consulting Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

Stapletons
Chartered Certified Accountants
4 Market Street
Crediton
Devon
EX17 2AJ

Landar Consulting Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Landar Consulting Limited
(Registration number: 06135203)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					3,832			3,091
Current assets
Debtors					24,893			26,051
Cash at bank and in hand					34			75
					24,927			26,126
Creditors: Amounts falling due within one year					(28,670)			(29,108)
Net current liabilities					(3,743)			(2,982)
Net assets					89			109
Capital and reserves
Called up share capital		3			4			4
Profit and loss account					85			105
Shareholders' funds					89			109

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 director acknowledges his 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 director on 23 December 2016

Mr IT Lancaster-Watts
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Landar Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, 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.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	15% reducing balance basis

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		6,871			6,871
Additions		1,399			1,399
At 31 March 2016		8,270			8,270
Depreciation
At 1 April 2015		3,780			3,780
Charge for the year		658			658
At 31 March 2016		4,438			4,438
Net book value
At 31 March 2016		3,832			3,832
At 31 March 2015		3,091			3,091

Page 2

Landar Consulting Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		4			4			4			4

Page 3