Lilachall Limited - Abbreviated accounts 16.3
Lilachall Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| LILACHALL LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 31 JULY 2016 |
| LILACHALL LIMITED (REGISTERED NUMBER: 03121965) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 July 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 | to | 3 |
| Notes to the Abbreviated Accounts | 4 | to | 5 |
| Chartered Accountants' Report | 6 |
| LILACHALL LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 July 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| SOLICITORS: |
| LILACHALL LIMITED (REGISTERED NUMBER: 03121965) |
| ABBREVIATED BALANCE SHEET |
| 31 July 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| Investments | 3 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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. |
| LILACHALL LIMITED (REGISTERED NUMBER: 03121965) |
| ABBREVIATED BALANCE SHEET - continued |
| 31 July 2016 |
| The financial statements were approved by the Board of Directors on by: |
| LILACHALL LIMITED (REGISTERED NUMBER: 03121965) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 31 July 2016 |
| 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 the value of ground rents received and management services provided during the year. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Repairs and renewals |
| All repairs and renewals are expensed as incurred. Capital purchases of less than £50 per unit are expensed |
| directly to income. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 August 2015 |
| and 31 July 2016 |
| DEPRECIATION |
| At 1 August 2015 |
| Charge for year |
| At 31 July 2016 |
| NET BOOK VALUE |
| At 31 July 2016 |
| At 31 July 2015 |
| LILACHALL LIMITED (REGISTERED NUMBER: 03121965) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| for the Year Ended 31 July 2016 |
| 3. | INVESTMENTS |
| Total |
| £ |
| COST |
| At 1 August 2015 |
| and 31 July 2016 |
| NET BOOK VALUE |
| At 31 July 2016 |
| At 31 July 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | 67.5p |
| 5. | CONTROLLING PARTY |
| There is no controlling party. |
| CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| LILACHALL LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five) have |
| been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Lilachall Limited for the year ended 31 July 2016 which comprise the Profit and Loss Account, |
| the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Lilachall Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Lilachall Limited and state those matters that we have agreed to state to the Board of Directors of Lilachall Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lilachall Limited Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Lilachall Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lilachall Limited. You consider that Lilachall Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Lilachall Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| 1 February 2017 |