Abbreviated Company Accounts - LICHFIELD INTERPRETING & TRANSLATIONS LTD

Abbreviated Company Accounts - LICHFIELD INTERPRETING & TRANSLATIONS LTD


Registered Number 08514117

LICHFIELD INTERPRETING & TRANSLATIONS LTD

Abbreviated Accounts

31 March 2016

LICHFIELD INTERPRETING & TRANSLATIONS LTD Registered Number 08514117

Abbreviated Balance Sheet as at 31 March 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 1,353 1,503
1,353 1,503
Current assets
Cash at bank and in hand 8,426 10,567
8,426 10,567
Creditors: amounts falling due within one year (7,134) (2,559)
Net current assets (liabilities) 1,292 8,008
Total assets less current liabilities 2,645 9,511
Total net assets (liabilities) 2,645 9,511
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 2,545 9,411
Shareholders' funds 2,645 9,511
  • For the year ending 31 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 29 March 2017

And signed on their behalf by:
Turkan Sarak, Director

LICHFIELD INTERPRETING & TRANSLATIONS LTD Registered Number 08514117

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts are 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 of sales made during the year and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 10% reducing balance basis

2Tangible fixed assets
£
Cost
At 1 April 2015 1,855
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2016 1,855
Depreciation
At 1 April 2015 352
Charge for the year 150
On disposals -
At 31 March 2016 502
Net book values
At 31 March 2016 1,353
At 31 March 2015 1,503
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100