LG Commodities Limited - Accounts to registrar - small 17.1.1

REGISTERED NUMBER: 09633820 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 11 JUNE 2015 TO 30 JUNE 2016

FOR

LG COMMODITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Patel

REGISTERED OFFICE:

15 Frenchs Road

Cambridge

CB4 3JZ

REGISTERED NUMBER:

09633820 (England and Wales)

ACCOUNTANTS:

Jon Avol Waterfords

204 Field End Road

Eastcote

Pinner

Middlesex

HA5 1RD

CURRENT ASSETS

Debtors

4

8,921

Cash at bank and in hand

9,895

18,816

CREDITORS

Amounts falling due within one year

5

(15,697

)

NET CURRENT ASSETS

3,119

TOTAL ASSETS LESS CURRENT LIABILITIES

3,119

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

3,019

SHAREHOLDERS' FUNDS

3,119

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 19 May 2017 and were signed by:

S Patel - Director

1.	STATUTORY INFORMATION

LG Commodities Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

8,921

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

3,236

Other creditors

12,461

15,697

6.	ULTIMATE CONTROLLING PARTY

The controlling party is S Patel.