Abbreviated Company Accounts - LAZLIO LIMITED

02800170 LAZLIO LIMITED 2016-08-31 false 2015-09-01 2016-08-31 true 02800170 2015-09-01 2016-08-31 02800170 2016-08-31 02800170 2015-08-31 02800170 uk-gaap-cd-bus:Director1 2015-09-01 2016-08-31 02800170 uk-gaap-cd-bus:Director2 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-01 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-08-31 iso4217:GBP shares

Registered Number 02800170

LAZLIO LIMITED

Abbreviated Accounts

31 August 2016

LAZLIO LIMITED Registered Number 02800170

Abbreviated Balance Sheet as at 31 August 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	13,656	13,912
		13,656	13,912
Current assets
Stocks		8,320	8,500
Debtors		360	315
Cash at bank and in hand		57,330	38,903
		66,010	47,718
Creditors: amounts falling due within one year		(38,329)	(29,630)
Net current assets (liabilities)		27,681	18,088
Total assets less current liabilities		41,337	32,000
Total net assets (liabilities)		41,337	32,000
Capital and reserves
Called up share capital	3	300	300
Profit and loss account		41,037	31,700
Shareholders' funds		41,337	32,000

For the year ending 31 August 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 31 December 2016

And signed on their behalf by:
G Minervini, Director

LAZLIO LIMITED Registered Number 02800170

Notes to the Abbreviated Accounts for the period ended 31 August 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.

2Tangible fixed assets

	£
Cost
At 1 September 2015	90,657
Additions	3,361
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2016	94,018
Depreciation
At 1 September 2015	76,745
Charge for the year	3,617
On disposals	-
At 31 August 2016	80,362
Net book values
At 31 August 2016	13,656
At 31 August 2015	13,912

Depreciation has been provided at 15% on Plant and Machinery and 25% on the Motor Vehicle.

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

	2016 £	2015 £
300 Ordinary shares of £1 each	300	300