Abbreviated Company Accounts - LIGHT SPACE SYSTEMS LTD

LIGHT SPACE SYSTEMS LTD - Company Information

09034343 LIGHT SPACE SYSTEMS LTD 2016-05-31 false 2015-06-01 2016-05-31 true 09034343 2015-06-01 2016-05-31 09034343 2016-05-31 09034343 2015-05-31 09034343 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 09034343 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 09034343

LIGHT SPACE SYSTEMS LTD

Abbreviated Accounts

31 May 2016

LIGHT SPACE SYSTEMS LTD Registered Number 09034343

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Current assets
Stocks		4,630	3,430
Debtors		-	833
Cash at bank and in hand		116	539
		4,746	4,802
Creditors: amounts falling due within one year		(7,986)	(7,634)
Net current assets (liabilities)		(3,240)	(2,832)
Total assets less current liabilities		(3,240)	(2,832)
Total net assets (liabilities)		(3,240)	(2,832)
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(3,340)	(2,932)
Shareholders' funds		(3,240)	(2,832)

For the year ending 31 May 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 19 February 2017

And signed on their behalf by:
K O Lewcock, Director

LIGHT SPACE SYSTEMS LTD Registered Number 09034343

Notes to the Abbreviated Accounts for the period ended 31 May 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 January 2015).

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.

Other accounting policies
Research and development
Research expenditure is written off to the profit and loss account in the year in which it is incurred.

Stock
Stock is valued at the lower of cost and net realisable value.

2Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100