Lee Slade Haulage Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08450310 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 July 2016

for

Lee Slade Haulage Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

L W D Slade

Mrs R M Slade

REGISTERED OFFICE:

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

REGISTERED NUMBER:

08450310 (England and Wales)

ACCOUNTANTS:

Ashmole & Co

First Floor

1 St John's Court

Upper Fforest Way

Enterprise Park

Swansea

SA6 8QQ

FIXED ASSETS

Tangible assets

2

217,651

232,197

CURRENT ASSETS

Debtors

143,960

216,866

Cash in hand

2,000

145,960

218,866

CREDITORS

Amounts falling due within one year

186,074

168,472

NET CURRENT (LIABILITIES)/ASSETS

(40,114

)

50,394

TOTAL ASSETS LESS CURRENT
LIABILITIES

177,537

282,591

CREDITORS

Amounts falling due after more than one
year

91,551

128,747

NET ASSETS

85,986

153,844

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

85,984

153,842

SHAREHOLDERS' FUNDS

85,986

153,844

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 directors acknowledge their 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 Board of Directors on 27 April 2017 and were signed on its
behalf by:

L W D Slade - 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 goods, 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.

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

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 August 2015

285,812

Additions

35,250

At 31 July 2016

321,062

DEPRECIATION

At 1 August 2015

53,615

Charge for year

49,796

At 31 July 2016

103,411

NET BOOK VALUE

At 31 July 2016

217,651

At 31 July 2015

232,197

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1

2