Abbreviated Company Accounts - LIFT GLOBAL LIMITED

Abbreviated Company Accounts - LIFT GLOBAL LIMITED

LIFT GLOBAL LIMITED - Company Information

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Registered Number 09471749

LIFT GLOBAL LIMITED

Abbreviated Accounts

30 March 2016

LIFT GLOBAL LIMITED Registered Number 09471749

Abbreviated Balance Sheet as at 30 March 2016

Notes 2016
£
Fixed assets
Tangible assets 2 3,561
3,561
Current assets
Stocks 3,750
3,750
Creditors: amounts falling due within one year (43,042)
Net current assets (liabilities) (39,292)
Total assets less current liabilities (35,731)
Total net assets (liabilities) (35,731)
Capital and reserves
Called up share capital 2
Profit and loss account (35,733)
Shareholders' funds (35,731)
  • For the year ending 30 March 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 2 March 2017

And signed on their behalf by:
NEIL CLARKSON, Director

LIFT GLOBAL LIMITED Registered Number 09471749

Notes to the Abbreviated Accounts for the period ended 30 March 2016

1Accounting Policies

Turnover policy
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.

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

2Tangible fixed assets
£
Cost
Additions 4,451
Disposals -
Revaluations -
Transfers -
At 30 March 2016 4,451
Depreciation
Charge for the year 890
On disposals -
At 30 March 2016 890
Net book values
At 30 March 2016 3,561

Plant & Machinery depreciated at 20% reducing balance