LT Trade Advisory Ltd - Accounts to registrar - small 16.3d
LT Trade Advisory Ltd - Accounts to registrar - small 16.3d
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2016 |
| for |
| LT Trade Advisory Ltd |
| LT Trade Advisory Ltd (Registered number: 07909751) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| LT Trade Advisory Ltd |
| Company Information |
| for the Year Ended 31 December 2016 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Mynshull House |
| 78 Churchgate |
| Stockport |
| Cheshire |
| SK1 1YJ |
| LT Trade Advisory Ltd (Registered number: 07909751) |
| Balance Sheet |
| 31 December 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director on |
| LT Trade Advisory Ltd (Registered number: 07909751) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2016 |
| 1. | STATUTORY INFORMATION |
| LT Trade Advisory Ltd is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax. |
| Tangible fixed assets |
| Fixtures and equipment | - |
| Pension costs and other post-retirement benefits |
| The company does not operate a company pension scheme but makes contributions to a personal pension |
| scheme of the director. Contributions payable for the year are charged in the profit and loss account. |
| Fixed assets investments |
| Fixed asset investments are stated at fair value. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the |
| balance sheet date. Transactions in foreign currencies are translated into sterling at the average rate of exchange |
| for the year. Exchange rate differences are taken into account in arriving at the operating result. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| LT Trade Advisory Ltd (Registered number: 07909751) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2016 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and |
| equipment |
| £ |
| COST |
| At 1 January 2016 |
| Additions |
| Disposals | ( |
) |
| At 31 December 2016 |
| DEPRECIATION |
| At 1 January 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| At 31 December 2015 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| Additions |
| At 31 December 2016 |
| NET BOOK VALUE |
| At 31 December 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts |
| Accrued income |
| LT Trade Advisory Ltd (Registered number: 07909751) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2016 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Corporation tax |
| VAT |
| Other creditors |
| Directors' current accounts |
| Accrued expenses |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2016 | 2015 |
| value: | £ | £ |
| Ordinary | £1 |
| 9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to a director subsisted during the years ended 31 December 2016 and |
| 31 December 2015: |
| 2016 | 2015 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| The loan was unsecured, interest free and repayable on demand. |
| 10. | RELATED PARTY DISCLOSURES |
| Dividends totalling £31,200 (2015 - £18,000) were paid to the director, L E Taylor and his spouse during the |
| year. |
| Included in other debtors is a loan of £10,000 (2015 - £10,000) to Trade Advisory Network Limited, a company |
| of which the director, L E Taylor, is a 50% shareholder. The loan is interest free, unsecured and repayable on |
| demand. |
| Included in debtors is a loan of £6,000, (2015 - Nil) to E Taylor, the daughter of the director, L E Taylor. The |
| loan was interest free and repayable on demand. |
| 11. | ULTIMATE CONTROLLING PARTY |
| Ultimate control of the company lies with the director, L E Taylor. |