LMS (Bolton) Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 07737469 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2016

for

LMS (Bolton) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Mohammed Hanif

Mrs Parveen Hanif

Mr Irfan Hanif

Miss Asimah Mubarak Hanif

REGISTERED OFFICE:

584 Chorley New Road

Lostock

Bolton

Lancashire

BL6 4DW

REGISTERED NUMBER:

07737469 (England and Wales)

ACCOUNTANTS:

DonnellyBentley Limited

Chartered Accountants

Hazlemere

70 Chorley New Road

Bolton

Lancashire

BL1 4BY

FIXED ASSETS

Tangible assets

4

5

86

CURRENT ASSETS

Debtors

163,284

260,440

Cash at bank

132,843

77,299

296,127

337,739

CREDITORS

Amounts falling due within one year

105,471

96,825

NET CURRENT ASSETS

190,656

240,914

TOTAL ASSETS LESS CURRENT LIABILITIES

190,661

241,000

PROVISIONS FOR LIABILITIES

5

-

17

NET ASSETS

190,661

240,983

CAPITAL AND RESERVES

Called up share capital

6

6

6

Retained earnings

190,655

240,977

SHAREHOLDERS' FUNDS

190,661

240,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Profit and Loss Account and an abridged Balance Sheet for the year ended 30 November 2016 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 25 July 2017 and were signed on its behalf by:

Mr Mohammed Hanif - Director

1.	STATUTORY INFORMATION

LMS (Bolton) Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information

page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 December 2015

and 30 November 2016

345

DEPRECIATION

At 1 December 2015

259

Charge for year

81

At 30 November 2016

340

NET BOOK VALUE

At 30 November 2016

5

At 30 November 2015

86

5.	PROVISIONS FOR LIABILITIES

2016

2015

as

restated

£

£

Deferred tax

Accelerated capital allowances

-

17

Deferred

tax

£

Balance at 1 December 2015

17

Credit to Abridged Income Statement during year

(17

)

Balance at 30 November 2016

-

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

as restated

£

£

5

Ordinary

£1

6

6

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2016

and 30 November 2015:

2016

2015

as

restated

£

£

Mr Mohammed Hanif

Balance outstanding at start of year

238,946

7,316

Amounts advanced

111,510

542,902

Amounts repaid

(212,165

)

(311,272

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

138,291

238,946

The director's loan was repaid by a dividend of £172,800 paid on 17th March 2017.