Abbreviated Company Accounts - LGH EUROPE LIMITED

LGH EUROPE LIMITED - Company Information

05436994 LGH EUROPE LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 05436994 2015-05-01 2016-04-30 05436994 2016-04-30 05436994 2015-04-30 05436994 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 05436994 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 05436994

LGH EUROPE LIMITED

Abbreviated Accounts

30 April 2016

LGH EUROPE LIMITED Registered Number 05436994

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	109,970	109,969
		109,970	109,969
Total assets less current liabilities		109,970	109,969
Creditors: amounts falling due after more than one year		(9,970)	(9,969)
Total net assets (liabilities)		100,000	100,000
Capital and reserves
Called up share capital	3	100,000	100,000
Shareholders' funds		100,000	100,000

For the year ending 30 April 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 20 January 2017

And signed on their behalf by:
A Mault, Director

LGH EUROPE LIMITED Registered Number 05436994

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
These financial statements are prepared on the going concern basis, under the historical cost convention, and in accordance with the Companies Act 2006 and applicable accounting standards in the United Kingdom. The principal accounting policies, which have been applied consistently throughout the year, are set out below.
The company did not trade during the year and made neither a profit nor a loss. There were also no other recognised gains and losses for the current financial year. Accordingly, neither a profit and loss account nor a statement of total recognised gains and losses have been presented.
The company has taken advantage of the exemption in FRS 1 ''Cash flow statements (revised 1996)'' from the requirement to present a cash flow statement on the grounds that it is a small company.

Other accounting policies
Consolidated Financial Statements
The company is exempt under section 248 of the Companies Act 2006 from the requirement to prepare consolidated financial statements as the group is medium-sized and is not an ineligible group as defined in section 248.

Investments in subsidiary undertakings
Investments in subsidiary undertakings are recorded at cost plus incidental expenses less any provision for impairment. Impairment reviews are performed by the directors where there has been an indication of potential impairment.

2Fixed assets Investments
Trading
LGH Verhuur Hijsmaterieel BV - Holland - (Euro) 22,689 - 100%
LGH GmbH- Germany (Euro) -75,000 -100%
LGH BVBA- Belgium -(Euro) 12,400 -100%
Lifting Gear Hire Limited - UK -1 -100%

LGH Europe Limited has issued shares in exchange for shares in LGH Verhuur Hijsmaterieel BV
and LGH GmbH in a share-for-share exchange. The company has claimed relief from section 130 of
the Companies Act, and therefore the investment is held at the issued value of shares.
The principal activities of the subsidiaries shown above are the hiring and selling of lifting
equipment and related parts and the offering of maintenance services.

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

	2016 £	2015 £
100,000 Ordinary shares of £1 each	100,000	100,000