Liftlease Limited - Period Ending 2014-01-31

Registration number: 04845504

Liftlease Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 January 2014
 

Critchleys LLP
Chartered Accountants
Greyfriars Court
Paradise Square
Oxford
OX1 1BE

Liftlease Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3

Liftlease Limited - Registration number: 04845504
at 31 January 2014

		Note			2014						2013
	£			£			£			£
Fixed assets
Investments								3,815						-
Current assets
Stocks					-						9,114
Debtors					728,273						-
Cash at bank and in hand					385,239						2,952
					1,113,512						12,066
Creditors: Amounts falling due within one year					(1,139,737)						(12,727)
Net current liabilities								(26,225)						(661)
Net liabilities								(22,410)						(661)
Capital and reserves
Called up share capital		3			1						1
Profit and loss account					(22,411)						(662)
Shareholders' deficit								(22,410)						(661)

For the year ending 31 January 2014 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 29 October 2014 and signed on its behalf by:

.........................................
Mr Paul Abbott Richards
Director

The notes on page 3 form an integral part of these financial statements.
  Page 1

Liftlease Limited - Registration number: 04845504
at 31 January 2014
......... continued

.........................................
Mrs Jane Richards
Director

The notes on page 3 form an integral part of these financial statements.
  Page 2

Liftlease Limited
Notes to the Abbreviated Accounts for the Year Ended 31 January 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

2	Fixed assets

		Investments £			Total £
Cost
Additions		3,815			3,815
At 31 January 2014		3,815			3,815
Net book value
At 31 January 2014		3,815			3,815

3	Share capital

Allotted, called up and fully paid shares

	2014						2013
		No.			£			No.			£
Ordinary share of £1 each		1			1			1			1

Page 3