Abbreviated Company Accounts - LONDON CONSULTING ROOMS LTD

LONDON CONSULTING ROOMS LTD - Company Information

09243286 LONDON CONSULTING ROOMS LTD 2016-10-31 false 2015-11-01 2016-10-31 true 09243286 2015-11-01 2016-10-31 09243286 2016-10-31 09243286 2015-10-31 09243286 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 09243286 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 09243286

LONDON CONSULTING ROOMS LTD

Abbreviated Accounts

31 October 2016

LONDON CONSULTING ROOMS LTD Registered Number 09243286

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	56,109	74,813
		56,109	74,813
Current assets
Debtors		2,715	3,009
Cash at bank and in hand		2,518	10,757
		5,233	13,766
Creditors: amounts falling due within one year		(117,870)	(18,792)
Net current assets (liabilities)		(112,637)	(5,026)
Total assets less current liabilities		(56,528)	69,787
Creditors: amounts falling due after more than one year		0	(100,000)
Total net assets (liabilities)		(56,528)	(30,213)
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(56,529)	(30,214)
Shareholders' funds		(56,528)	(30,213)

For the year ending 31 October 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 12 June 2017

And signed on their behalf by:
L J Webb, Director

LONDON CONSULTING ROOMS LTD Registered Number 09243286

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost accounting rules, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) (FRSSE).

Turnover policy
Turnover represents rental income from property.

Tangible assets depreciation policy
Depreciation is provided by the company to write off the cost less the estimated residual value of tangible fixed assets by instalments over their useful economic lives as follows:
Fixtures & Fittings - 20% straight line.

Other accounting policies
Going Concern
These financial statements have been prepared on the going concern basis.

Leases
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a "finance lease". The asset is recorded in the balance sheet as a tangible fixed asset and is depreciated over its estimated useful life or the term of the lease, whichever is shorter. Future instalments under such leases, net of finance charges, are included within other creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account, and the capital element which reduces the outstanding obligation for future instalments.
All other leases are accounted for as "operating leases" and the rental charges are charged to the profit and loss account on a straight line basis over the life of the lease.

2Tangible fixed assets

	£
Cost
At 1 November 2015	93,517
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	93,517
Depreciation
At 1 November 2015	18,704
Charge for the year	18,704
On disposals	-
At 31 October 2016	37,408
Net book values
At 31 October 2016	56,109
At 31 October 2015	74,813

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

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