Abbreviated Company Accounts - LAURELLE LONDON LTD

LAURELLE LONDON LTD - Company Information

06149738 LAURELLE LONDON LTD 2016-05-31 false 2015-06-01 2016-05-31 true 06149738 2015-06-01 2016-05-31 06149738 2016-05-31 06149738 2015-05-31 06149738 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 06149738 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 06149738

LAURELLE LONDON LTD

Abbreviated Accounts

31 May 2016

LAURELLE LONDON LTD Registered Number 06149738

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	44,237	7,238
		44,237	7,238
Current assets
Stocks		581,623	230,000
Debtors		618,280	166,825
Cash at bank and in hand		573,701	600,932
		1,773,604	997,757
Creditors: amounts falling due within one year		(329,638)	(295,660)
Net current assets (liabilities)		1,443,966	702,097
Total assets less current liabilities		1,488,203	709,335
Creditors: amounts falling due after more than one year		(1,110,000)	(490,000)
Accruals and deferred income		(1,200)	(850)
Total net assets (liabilities)		377,003	218,485
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		376,903	218,385
Shareholders' funds		377,003	218,485

For the year ending 31 May 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 30 March 2017

And signed on their behalf by:
Mr O McMahon, Director

LAURELLE LONDON LTD Registered Number 06149738

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, 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 like, as follows:
Tangible Assets 25% reducing Balance

Valuation information and policy
Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 June 2015	19,498
Additions	51,745
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	71,243
Depreciation
At 1 June 2015	12,260
Charge for the year	14,746
On disposals	-
At 31 May 2016	27,006
Net book values
At 31 May 2016	44,237
At 31 May 2015	7,238

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100