Abbreviated Company Accounts - LURIG LIMITED

Registered Number 04934722

LURIG LIMITED

Abbreviated Accounts

31 October 2013

LURIG LIMITED Registered Number 04934722

Abbreviated Balance Sheet as at 31 October 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	1,889	1,742
		1,889	1,742
Current assets
Debtors		10,050	41,398
Cash at bank and in hand		59,581	18,170
		69,631	59,568
Creditors: amounts falling due within one year		(26,854)	(25,706)
Net current assets (liabilities)		42,777	33,862
Total assets less current liabilities		44,666	35,604
Provisions for liabilities		(378)	(348)
Total net assets (liabilities)		44,288	35,256
Capital and reserves
Called up share capital		100	100
Profit and loss account		44,188	35,156
Shareholders' funds		44,288	35,256

For the year ending 31 October 2013 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 30 July 2014

And signed on their behalf by:
C M Boggiano, Director

LURIG LIMITED Registered Number 04934722

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover
Turnover represents the total invoice value, excluding value added tax, of fees charged during the year.

Tangible assets depreciation policy
Tangible fixed assets and depreciation
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fittings and equipment - 25% straight line

Other accounting policies
Deferred taxation
Deferred tax is recognised in respect of all timing differences, that have originated but not reversed at the balance sheet date, that will result in an obligation to pay more (or less) tax at a future date. Deferred tax is measured on an undiscounted basis at tax rates that are expected to apply when the timing differences reverse.

2Tangible fixed assets

	£
Cost
At 1 November 2012	2,648
Additions	987
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2013	3,635
Depreciation
At 1 November 2012	906
Charge for the year	840
On disposals	-
At 31 October 2013	1,746
Net book values
At 31 October 2013	1,889
At 31 October 2012	1,742