Lets Direct Glasgow Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: SC274294 (Scotland)

Abbreviated Unaudited Accounts For The Year Ended 31 March 2014

for

Lets Direct Glasgow Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

V Iqbal

SECRETARY:

M N Iqbal

REGISTERED OFFICE:

446 Cathcart Road

Glasgow

Lanarkshire

G42 7BZ

REGISTERED NUMBER:

SC274294 (Scotland)

ACCOUNTANTS:

Ahmad & Nabi Mcmullan

95-107 Lancefield Street

Glasgow

Lanarkshire

G3 8HZ

FIXED ASSETS

Tangible assets

2

507,747

508,163

CURRENT ASSETS

Debtors

-

370

Cash at bank

93

42,210

93

42,580

CREDITORS

Amounts falling due within one year

145,422

181,172

NET CURRENT LIABILITIES

(145,329

)

(138,592

)

TOTAL ASSETS LESS CURRENT LIABILITIES

362,418

369,571

CREDITORS

Amounts falling due after more than one year

284,502

315,624

NET ASSETS

77,916

53,947

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

77,816

53,847

SHAREHOLDERS' FUNDS

77,916

53,947

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 18 November 2014 and were signed by:

V Iqbal - 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 April 2008).

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 31 March 2014

513,321

DEPRECIATION

At 1 April 2013

5,158

Charge for year

416

At 31 March 2014

5,574

NET BOOK VALUE

At 31 March 2014

507,747

At 31 March 2013

508,163

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

1

Ordinary Share

1

100

100