LB 1 Limited - Abbreviated accounts 16.3

LB 1 Limited - Abbreviated accounts 16.3

LB 1 LIMITED - Company Information

Print Friendly Version

09010464 1.5.15 30.4.16 30.4.16 Company accounts Private Limited Company FY true false true false true false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure090104642015-04-30090104642016-04-30090104642015-05-012016-04-30090104642014-04-23090104642014-04-242015-04-30090104642015-04-3009010464ns12:England2015-05-012016-04-3009010464ns14:PoundSterling2015-05-012016-04-3009010464ns7:Director12015-05-012016-04-3009010464ns7:OrdinaryShareClass12015-05-012016-04-3009010464ns7:Director22015-05-012016-04-3009010464ns7:RegisteredOffice2015-05-012016-04-3009010464ns7:EntityAccountantsOrAuditors2015-05-012016-04-3009010464ns5:InvestmentProperties2016-04-3009010464ns5:InvestmentProperties2015-04-3009010464ns5:InvestmentProperties2015-04-3009010464ns7:OrdinaryShareClass12016-04-3009010464ns7:OrdinaryShareClass12015-04-30
REGISTERED NUMBER: 09010464 (England and Wales)















Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

LB 1 Limited

LB 1 Limited (Registered number: 09010464)

Contents of the Abbreviated Accounts
for the Year Ended 30 April 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

LB 1 Limited

Company Information
for the Year Ended 30 April 2016







DIRECTORS: Ms M Cardy
N E Fanning





REGISTERED OFFICE: 20 Exhibition House
Addison Bridge Place
London
W14 8XP





REGISTERED NUMBER: 09010464 (England and Wales)





ACCOUNTANTS: Merchant & Co
Chartered Certified Accountants
20 Exhibition House
Addison Bridge Place
London
W14 8XP
Page 1
LB 1 Limited (Registered number: 09010464)

Abbreviated Balance Sheet
30 April 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Investment property 2 500,000 500,000

CURRENT ASSETS
Debtors - 3,017
Cash at bank 113,146 71,118
113,146 74,135
CREDITORS
Amounts falling due within one year 23,602 17,225
NET CURRENT ASSETS 89,544 56,910
TOTAL ASSETS LESS CURRENT LIABILITIES 589,544 556,910

CAPITAL AND RESERVES
Called up share capital 3 100 100
Revaluation reserve 472,900 472,900
Profit and loss account 116,544 83,910
SHAREHOLDERS' FUNDS 589,544 556,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 23 January 2017 and were signed on its behalf
by:



Ms M Cardy - Director


The notes form part of these abbreviated accounts

Page 2
LB 1 Limited (Registered number: 09010464)

Notes to the Abbreviated Accounts
for the Year Ended 30 April 2016


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention as modified by the
revaluation of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities
(effective January 2015).

Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as
a small company.

Turnover
Turnover represents invoiced rental income from investment properties.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes
in market value is transferred to a revaluation reserve.

2. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 May 2015
and 30 April 2016 500,000
NET BOOK VALUE
At 30 April 2016 500,000
At 30 April 2015 500,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
100 Ordinary 1 100 100

Page 3