Abbreviated Company Accounts - LONDON CAPITAL ASSETS LTD

Abbreviated Company Accounts - LONDON CAPITAL ASSETS LTD


Registered Number 08900464

LONDON CAPITAL ASSETS LTD

Abbreviated Accounts

28 February 2016

LONDON CAPITAL ASSETS LTD Registered Number 08900464

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016 2015
£ £
Current assets
Stocks 2,098,600 -
Cash at bank and in hand 10,492 10
2,109,092 10
Net current assets (liabilities) 2,109,092 10
Total assets less current liabilities 2,109,092 10
Creditors: amounts falling due after more than one year (2,109,082) -
Total net assets (liabilities) 10 10
Capital and reserves
Called up share capital 2 10 10
Shareholders' funds 10 10
  • For the year ending 28 February 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 1 February 2017

And signed on their behalf by:
Mr Ansar Ali, Director

LONDON CAPITAL ASSETS LTD Registered Number 08900464

Notes to the Abbreviated Accounts for the period ended 28 February 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.

Other accounting policies
Stocks: Work in progress is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
10 Ordinary shares of £1 each 10 10