David Lamb Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 06911274 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2016

FOR

DAVID LAMB LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D G Lamb

SECRETARY:

Mrs W S Lamb

REGISTERED OFFICE:

Ranmore

49 Woodcroft Road

Wylam

Northumberland

NE41 8DH

REGISTERED NUMBER:

06911274 (England and Wales)

ACCOUNTANTS:

Robson Laidler Accountants Limited

Fernwood House

Fernwood Road

Jesmond

Newcastle upon Tyne

NE2 1TJ

CURRENT ASSETS

Debtors

33,870

96,276

Investments

400,000

Cash at bank

41,956

39,422

475,826

535,698

CREDITORS

Amounts falling due within one year

3,768

2,514

NET CURRENT ASSETS

472,058

533,184

TOTAL ASSETS LESS CURRENT
LIABILITIES

472,058

533,184

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

471,958

533,084

SHAREHOLDERS' FUNDS

472,058

533,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 3 April 2017 and were signed by:

D G Lamb - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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).

Accounting convention

The financial statements have been prepared on a going concern basis on the grounds that current and future

sources of funding or support will be more than adequate for the company's needs. The director has considered a

period of twelve months from the date of approval of the financial statements and believe that no further

disclosures relating to the company's ability to continue as a going concern need to be made in the financial

statements.

Turnover

Turnover represents consultancy fees charged in respect of services rendered.

Investment assets

Investments are stated at cost.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

£1

100