Liverpool Investment Grp Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 06948009 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 June 2016

for

Liverpool Investment Grp Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr J F Elster

REGISTERED OFFICE:

33-35 Cheapside

Liverpool

Merseyside

L2 2DY

REGISTERED NUMBER:

06948009 (England and Wales)

ACCOUNTANTS:

Craig Callum Associates Ltd

Landmark House

43-45 Merton Road

Bootle

Liverpool

Merseyside

L20 7AP

FIXED ASSETS

Tangible assets

2

-

1,051,707

CURRENT ASSETS

Debtors

215,981

15,820

Cash at bank

205,668

10,082

421,649

25,902

CREDITORS

Amounts falling due within one year

3

249,913

463,693

NET CURRENT ASSETS/(LIABILITIES)

171,736

(437,791

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

171,736

613,916

CAPITAL AND RESERVES

Called up share capital

4

2

Revaluation reserve

-

712,796

Profit and loss account

171,734

(98,882

)

SHAREHOLDERS' FUNDS

171,736

613,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 March 2017 and were signed by:

Mr J F Elster - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

not provided

Plant and machinery etc

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2015

1,075,616

Disposals

(1,075,616

)

At 30 June 2016

-

DEPRECIATION

At 1 July 2015

23,909

Eliminated on disposal

(23,909

)

At 30 June 2016

-

NET BOOK VALUE

At 30 June 2016

-

At 30 June 2015

1,051,707

3.

CREDITORS

Creditors include an amount of £ 0 (30.6.15 - £ 950,000 ) for which security has been given.

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.16

30.6.15

value:

£

2

Ordinary

£1

2