Abbreviated Company Accounts - LEX LEGAL LTD

Abbreviated Company Accounts - LEX LEGAL LTD


Registered Number 09242407

LEX LEGAL LTD

Abbreviated Accounts

31 August 2016

LEX LEGAL LTD Registered Number 09242407

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 495 -
495 -
Current assets
Debtors 77,201 24,042
Cash at bank and in hand 1,260 34,428
78,461 58,470
Creditors: amounts falling due within one year (67,811) (55,317)
Net current assets (liabilities) 10,650 3,153
Total assets less current liabilities 11,145 3,153
Total net assets (liabilities) 11,145 3,153
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 11,045 3,053
Shareholders' funds 11,145 3,153
  • 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 22 November 2016

And signed on their behalf by:
Mr Halil Ibrahim Koca, Director

LEX LEGAL LTD Registered Number 09242407

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 January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Fixtures, fittings & equipment 15% reducing balance

2Tangible fixed assets
£
Cost
At 1 September 2015 -
Additions 583
Disposals -
Revaluations -
Transfers -
At 31 August 2016 583
Depreciation
At 1 September 2015 -
Charge for the year 88
On disposals -
At 31 August 2016 88
Net book values
At 31 August 2016 495
At 31 August 2015 -
3Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
100 Ordinary shares of £1 each 100 100