Abbreviated Company Accounts - LINKS LICENSED GROCERS LTD.

Abbreviated Company Accounts - LINKS LICENSED GROCERS LTD.

LINKS LICENSED GROCERS LTD. - Company Information

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Registered Number SC327527

LINKS LICENSED GROCERS LTD.

Abbreviated Accounts

31 October 2016

LINKS LICENSED GROCERS LTD. Registered Number SC327527

Abbreviated Balance Sheet as at 31 October 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 34,627 41,534
34,627 41,534
Current assets
Stocks 38,865 36,000
Debtors 49,793 -
Cash at bank and in hand 29,591 29,154
118,249 65,154
Creditors: amounts falling due within one year (38,408) (42,905)
Net current assets (liabilities) 79,841 22,249
Total assets less current liabilities 114,468 63,783
Provisions for liabilities (6,909) (8,144)
Total net assets (liabilities) 107,559 55,639
Capital and reserves
Called up share capital 3 2
Profit and loss account 107,556 55,637
Shareholders' funds 107,559 55,639
  • 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 28 February 2017

And signed on their behalf by:
Mr Javed Iqbal, Director

LINKS LICENSED GROCERS LTD. Registered Number SC327527

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

2Tangible fixed assets
£
Cost
At 1 November 2015 62,689
Additions 4,500
Disposals -
Revaluations -
Transfers -
At 31 October 2016 67,189
Depreciation
At 1 November 2015 21,155
Charge for the year 11,407
On disposals -
At 31 October 2016 32,562
Net book values
At 31 October 2016 34,627
At 31 October 2015 41,534