Abbreviated Company Accounts - LCS SURVEYORS LTD

Abbreviated Company Accounts - LCS SURVEYORS LTD


Registered Number 08994867

LCS SURVEYORS LTD

Abbreviated Accounts

30 April 2016

LCS SURVEYORS LTD Registered Number 08994867

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 16,875 22,500
16,875 22,500
Current assets
Debtors 1,592 3,300
Cash at bank and in hand 82,242 6,407
83,834 9,707
Net current assets (liabilities) 83,834 9,707
Total assets less current liabilities 100,709 32,207
Creditors: amounts falling due after more than one year (76,171) (37,339)
Total net assets (liabilities) 24,538 (5,132)
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 24,537 (5,133)
Shareholders' funds 24,538 (5,132)
  • For the year ending 30 April 2016 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 10 February 2017

And signed on their behalf by:
Mr Kemal Mustafa, Director

LCS SURVEYORS LTD Registered Number 08994867

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment 25% reducing balance.

2Tangible fixed assets
£
Cost
At 1 May 2015 30,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2016 30,000
Depreciation
At 1 May 2015 7,500
Charge for the year 5,625
On disposals -
At 30 April 2016 13,125
Net book values
At 30 April 2016 16,875
At 30 April 2015 22,500

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Fixtures, fittings and equipment 25% reducing balance.

3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
1 Ordinary share of £1 each 1 1
1 Ordinary share of £1 each 1 1
1 Ordinary shares of £1 each 1 1

1 Ordinary shares of £1 each.