Lakeheath Management Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 03345525 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

Lakeheath Management Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

C A F Dunning

A J Dunning

SECRETARY:

Mrs A E Dunning

REGISTERED OFFICE:

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

REGISTERED NUMBER:

03345525 (England and Wales)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Tangible assets

2

120,735

139,504

CURRENT ASSETS

Debtors

17,798

5,770

Cash at bank

110,589

4,839

128,387

10,609

CREDITORS

Amounts falling due within one year

86,297

86,781

NET CURRENT ASSETS/(LIABILITIES)

42,090

(76,172

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

162,825

63,332

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

162,725

63,232

SHAREHOLDERS' FUNDS

162,825

63,332

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 30 January 2017 and were signed on its behalf by:

C A F Dunning - 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 services, excluding value added tax.

Tangible fixed assets

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

Investment property

-

Not provided

Improvements to property

-

Not provided

Fixtures and fittings

-

15% 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.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

141,107

Disposals

(18,750

)

At 30 April 2016

122,357

DEPRECIATION

At 1 May 2015

1,603

Charge for year

19

At 30 April 2016

1,622

NET BOOK VALUE

At 30 April 2016

120,735

At 30 April 2015

139,504

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100