Abbreviated Company Accounts - LGOW LIMITED

SC382772 LGOW LIMITED 2016-07-31 false 2015-08-01 2016-07-31 true SC382772 2015-08-01 2016-07-31 SC382772 2016-07-31 SC382772 2015-07-31 SC382772 uk-gaap-cd-bus:Director1 2015-08-01 2016-07-31 SC382772 uk-gaap-cd-bus:Director2 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-01 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 iso4217:GBP shares

Registered Number SC382772

LGOW LIMITED

Abbreviated Accounts

31 July 2016

LGOW LIMITED Registered Number SC382772

Abbreviated Balance Sheet as at 31 July 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	8,414	11,219
		8,414	11,219
Current assets
Debtors		-	327
Cash at bank and in hand		51,305	59,347
		51,305	59,674
Creditors: amounts falling due within one year		(10,628)	(34,008)
Net current assets (liabilities)		40,677	25,666
Total assets less current liabilities		49,091	36,885
Total net assets (liabilities)		49,091	36,885
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		48,991	36,785
Shareholders' funds		49,091	36,885

For the year ending 31 July 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 13 December 2016

And signed on their behalf by:
Harry Millar, Director

LGOW LIMITED Registered Number SC382772

Notes to the Abbreviated Accounts for the period ended 31 July 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 net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Equipment, fixtures and fittings 25% Reducing balance
Computer Equipment 25% Reducing balance

2Tangible fixed assets

	£
Cost
At 1 August 2015	17,293
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 July 2016	17,293
Depreciation
At 1 August 2015	6,074
Charge for the year	2,805
On disposals	-
At 31 July 2016	8,879
Net book values
At 31 July 2016	8,414
At 31 July 2015	11,219

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

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