Linea4 Limited - Period Ending 2016-10-31

 
 
 
 
 
 
 
  Linea4 Limited
 
  Unaudited Dormant Accounts
  Year Ended 31 October 2016
 
  Company Registration Number: 08833350

Linea4 Limited
Balance Sheet
31 October 2016

		Note			31 October 2016 £			31 October 2015 £
Current assets
Debtors					100			313
Cash at bank and in hand					-			392
					100			705
Capital and reserves
Called up share capital		2			100			100
Profit and loss account					-			605
Shareholders' funds					100			705

For the year ending 31 October 2016 the company was entitled to exemption under section 480 of the Companies Act 2006 relating to dormant companies.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

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.

Approved by the Board on 31 July 2017 and signed on its behalf by:

R Simms-Davies
Director

Company Registration Number: 08833350

The notes on page 2 form an integral part of these financial statements.
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Linea4 Limited
Notes to the financial statements
Year Ended 31 October 2016 ......... continued

1	Accounting policies

Trading status

The company was dormant and has not traded during the year.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

Going concern

The Directors have taken the decision to cease the operations of the company with effect from the 31 October 2015. Formal notice will be submitted to Companies House to strike off the company, with appropriate notice being given HMRC to deregister for taxes as appropriate. The purpose of these accounts is to agree the cessation position with HMRC for corporation tax purposes. On this basis the accounts are prepared under an alternative basis to the going concern basis. There has been no material impact to the financial statements arising as a result of this decision.

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers. Turnover is recognised when the company has performed its obligations under each specific contract. Under SSAP 9 where this revenue is unbilled at the year end the amount is accrued as amounts recoverable under long term contracts. Where revenue has been billed in advance of meeting the recognition criteria it is included in creditors within payments on account.

2	Share capital

Allotted, called up and fully paid shares

	31 October 2016						31 October 2015
		No.			£			No.			£
Ordinary shares of £1 each		99			99			99			99
Ordinary B shares of £1 each		1			1			1			1
		100			100			100			100

3

Control

The immediate parent company is Fitzgerald Furniture Partners LLP a limited liability partnership incorporated in England and Wales .
 

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