Lewis's Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 05362548 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

LEWIS'S LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mrs L S Lewis

P Lewis

SECRETARY:

Mrs L S Lewis

REGISTERED OFFICE:

Windsor House

44 High Road

Balby

Doncaster

DN4 0PL

REGISTERED NUMBER:

05362548 (England and Wales)

ACCOUNTANTS:

Lewis's Chartered Certified Accountants

Windsor House

44 High Road

Balby

Doncaster

DN4 0PL

FIXED ASSETS

Intangible assets

2

55,825

62,027

Tangible assets

3

2,796

2,241

58,621

64,268

CURRENT ASSETS

Debtors

94,356

9,215

Investments

114,260

Cash at bank

94,107

105,557

302,723

229,032

CREDITORS

Amounts falling due within one year

66,416

57,879

NET CURRENT ASSETS

236,307

171,153

TOTAL ASSETS LESS CURRENT
LIABILITIES

294,928

235,421

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

294,828

235,321

SHAREHOLDERS' FUNDS

294,928

235,421

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 directors acknowledge their 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 Board of Directors on 30 April 2016 and were signed on its behalf by:

P Lewis - 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 goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Plant and machinery etc

-

33% on reducing balance and 20% on reducing balance

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

124,055

AMORTISATION

At 1 April 2015

62,028

Amortisation for year

6,202

At 31 March 2016

68,230

NET BOOK VALUE

At 31 March 2016

55,825

At 31 March 2015

62,027

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

8,635

Additions

1,489

At 31 March 2016

10,124

DEPRECIATION

At 1 April 2015

6,394

Charge for year

934

At 31 March 2016

7,328

NET BOOK VALUE

At 31 March 2016

2,796

At 31 March 2015

2,241

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

1

100