Abbreviated Company Accounts - LYON LANDSCAPES LIMITED

LYON LANDSCAPES LIMITED - Company Information

Registered Number 06347429

LYON LANDSCAPES LIMITED

Abbreviated Accounts

31 August 2016

LYON LANDSCAPES LIMITED Registered Number 06347429

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Intangible assets	2	19,500	21,000
Tangible assets	3	35,696	22,842
		55,196	43,842
Current assets
Debtors		15,000	-
Cash at bank and in hand		-	3,904
		15,000	3,904
Creditors: amounts falling due within one year		(25,045)	(20,284)
Net current assets (liabilities)		(10,045)	(16,380)
Total assets less current liabilities		45,151	27,462
Creditors: amounts falling due after more than one year		(13,439)	(8,122)
Total net assets (liabilities)		31,712	19,340
Capital and reserves
Called up share capital		1,000	1,000
Profit and loss account		30,712	18,340
Shareholders' funds		31,712	19,340

For the year ending 31 August 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 28 January 2017

And signed on their behalf by:
Mr Robert Lyon, Director

LYON LANDSCAPES LIMITED Registered Number 06347429

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015)

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) which have been applied consistently (except as otherwise stated)

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:-

Plant and machinery 25% reducing balance
Computer equipment 25% reducing balance
Fixtures, fittings & equipment 25% reducing balance
Motor vehicles 25% reducing balance

Other accounting policies
Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life

2Intangible fixed assets

	£
Cost
At 1 September 2015	30,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	30,000
Amortisation
At 1 September 2015	9,000
Charge for the year	1,500
On disposals	-
At 31 August 2016	10,500
Net book values
At 31 August 2016	19,500
At 31 August 2015	21,000

3Tangible fixed assets

	£
Cost
At 1 September 2015	62,472
Additions	28,076
Disposals	(14,000)
Revaluations	-
Transfers	-
At 31 August 2016	76,548
Depreciation
At 1 September 2015	39,630
Charge for the year	11,900
On disposals	(10,678)
At 31 August 2016	40,852
Net book values
At 31 August 2016	35,696
At 31 August 2015	22,842