Listgreen Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 01577488 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

FOR

LISTGREEN LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr C N Lee

Mrs E M Freer

SECRETARY:

Mrs E M Freer

REGISTERED OFFICE:

3 The Orchard

Elston

Newark

Nottinghamshire

NG23 5PL

REGISTERED NUMBER:

01577488 (England and Wales)

ACCOUNTANTS:

Burgin & Company

Artichoke House

11 Swinegate

Grantham

Lincolnshire

NG31 6RJ

FIXED ASSETS

Tangible assets

2

2,300,991

2,328,390

Investments

3

25,357

2,326,348

2,353,747

CURRENT ASSETS

Debtors

6,018

4,860

Cash at bank

45,459

2,274

51,477

7,134

CREDITORS

Amounts falling due within one year

310,635

290,241

NET CURRENT LIABILITIES

(259,158

)

(283,107

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,067,190

2,070,640

CREDITORS

Amounts falling due after more than one
year

(456,163

)

(456,163

)

PROVISIONS FOR LIABILITIES

(10,503

)

(13,570

)

NET ASSETS

1,600,524

1,600,907

CAPITAL AND RESERVES

Called up share capital

4

3,000

Profit and loss account

1,597,524

1,597,907

SHAREHOLDERS' FUNDS

1,600,524

1,600,907

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 8 February 2017 and were signed on
its behalf by:

Mr C N Lee - 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

15% on cost

Motor vehicles

-

25% on cost

Deferred tax

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

the balance sheet date.

Freehold investment properties

Freehold investment properties are stated at cost . The directors have not implemented the

provisions of SSAP 19, Accounting for Investment Properties, which requires investment properties

to be stated each year at open market value.

The directors are of the opinion that the properties have a market value significantly in excess of their

book amount. Any surplus on revaluation recognised in the financial statements would not be

distributable and so the directors consider that it would serve no useful purpose to the members to

incorporate an annual revaluation of the properties into the financial statements.

Freehold investment properties are not depreciated and in this respect the financial statements do not

comply with the Companies Act. The Directors are of the view that to depreciate the properties would

not give a true and fair view as the properties are not held for consumption but for their investment

potential.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

2,392,247

Additions

100

At 30 June 2016

2,392,347

DEPRECIATION

At 1 July 2015

63,857

Charge for year

27,499

At 30 June 2016

91,356

NET BOOK VALUE

At 30 June 2016

2,300,991

At 30 June 2015

2,328,390

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 July 2015

and 30 June 2016

25,357

NET BOOK VALUE

At 30 June 2016

25,357

At 30 June 2015

25,357

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

3,000

Ordinary

£1

3,000