Lamdad Securities LTD - Abbreviated accounts 16.3

REGISTERED NUMBER: 01621380 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 AUGUST 2016

FOR

LAMDAD SECURITIES LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

K J Cooper

REGISTERED OFFICE:

Brook House

5a Brook Road

Whitchurch

Cardiff

CF14 1DU

REGISTERED NUMBER:

01621380 (England and Wales)

ACCOUNTANTS:

Sullivans Chartered Accountants

13-14 Gelliwastad Road

Pontypridd

Rhondda Cynon Taf

CF37 2BW

FIXED ASSETS

Tangible assets

2

318,288

332,129

Investments

3

14,912

18,487

333,200

350,616

CURRENT ASSETS

Debtors

386,822

339,053

Cash at bank

14,591

2,851

401,413

341,904

CREDITORS

Amounts falling due within one year

337,199

302,568

NET CURRENT ASSETS

64,214

39,336

TOTAL ASSETS LESS CURRENT
LIABILITIES

397,414

389,952

PROVISIONS FOR LIABILITIES

2,043

2,869

NET ASSETS

395,371

387,083

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

395,271

386,983

SHAREHOLDERS' FUNDS

395,371

387,083

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

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

K J Cooper - 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 services, 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.

Plant and machinery etc

-

25% on cost and 15% on reducing balance

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 September 2015

and 31 August 2016

570,441

DEPRECIATION

At 1 September 2015

238,312

Charge for year

13,841

At 31 August 2016

252,153

NET BOOK VALUE

At 31 August 2016

318,288

At 31 August 2015

332,129

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 September 2015

18,487

Disposals

(3,575

)

At 31 August 2016

14,912

NET BOOK VALUE

At 31 August 2016

14,912

At 31 August 2015

18,487

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/8/16

31/8/15

value:

£

100

Ordinary

£1

100