Lets Go Out Ltd - Abbreviated accounts

Registered number

08104860

Lets Go Out Ltd

Unaudited Abbreviated Accounts

31 May 2016

Lets Go Out Ltd

Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Lets Go Out Ltd for the year ended 31 May 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Lets Go Out Ltd for the year ended 31 May 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.

Claytons Chartered Accountants
Chartered Accountants
Drewitt House
865 Ringwood Road
Bournemouth
Dorset
BH11 8LW

28 February 2017

Lets Go Out Ltd
Registered number:		08104860
Abbreviated Balance Sheet
as at 31 May 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		8,903			9,430

Current assets
Debtors		150			140
Cash at bank and in hand		1,899			308
		2,049			448

Creditors: amounts falling due within one year		(8,712)			(6,926)

Net current liabilities			(6,663)			(6,478)

Net assets			2,240			2,952

Capital and reserves
Called up share capital	3		6			6
Revaluation reserve			5,000			5,000
Profit and loss account			(2,766)			(2,054)

Shareholders' funds			2,240			2,952

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



R Davis
Director
Approved by the board on 28 February 2017

Lets Go Out Ltd
Notes to the Abbreviated Accounts
for the year ended 31 May 2016

1	Accounting policies

	Basis of preparation
	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
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			15 % reducing balance
	Website			5 % reducing balance


2	Tangible fixed assets					£

	Cost
	At 1 June 2015					10,910
	At 31 May 2016					10,910

	Depreciation
	At 1 June 2015					1,480
	Charge for the year					527
	At 31 May 2016					2,007

	Net book value
	At 31 May 2016					8,903
	At 31 May 2015					9,430


3	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		6		6		6


4	Ultimate Controlling Party

	The company was not under the control of a single party during the years ended
	31 May 2016 or 31 May 2015.