Abbreviated Company Accounts - LAZONBY COURT LIMITED

Abbreviated Company Accounts - LAZONBY COURT LIMITED

LAZONBY COURT LIMITED - Company Information

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Registered Number 03892463

LAZONBY COURT LIMITED

Abbreviated Accounts

29 September 2016

LAZONBY COURT LIMITED Registered Number 03892463

Abbreviated Balance Sheet as at 29 September 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 84,738 85,265
84,738 85,265
Current assets
Debtors 15,513 9,049
Cash at bank and in hand 72,762 68,747
88,275 77,796
Creditors: amounts falling due within one year (87,488) (77,536)
Net current assets (liabilities) 787 260
Total assets less current liabilities 85,525 85,525
Total net assets (liabilities) 85,525 85,525
Capital and reserves
Called up share capital 9,555 9,555
Share premium account 75,825 75,825
Profit and loss account 145 145
Shareholders' funds 85,525 85,525
  • For the year ending 29 September 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 9 June 2017

And signed on their behalf by:
M C E Green, Director

LAZONBY COURT LIMITED Registered Number 03892463

Notes to the Abbreviated Accounts for the period ended 29 September 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 comprises the invoiced value of goods and services supplied by the company, net of value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings 0% Straight line
Plant and Machinery 15% Reducing balance
Motor Vehicles 25% Reducing balance

2Tangible fixed assets
£
Cost
At 30 September 2015 87,300
Additions -
Disposals -
Revaluations -
Transfers -
At 29 September 2016 87,300
Depreciation
At 30 September 2015 2,035
Charge for the year 527
On disposals -
At 29 September 2016 2,562
Net book values
At 29 September 2016 84,738
At 29 September 2015 85,265