Lettings NW Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08536860 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MAY 2016

FOR

LETTINGS NW LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

M Z Oppenheimer

REGISTERED OFFICE:

54-56 Keswick Street

Gateshead

Tyne and Wear

NE8 1TQ

REGISTERED NUMBER:

08536860 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

2

556

829

CURRENT ASSETS

Cash at bank

23,928

15,569

CREDITORS

Amounts falling due within one year

42,386

35,643

NET CURRENT LIABILITIES

(18,458

)

(20,074

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,902

)

(19,245

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(17,903

)

(19,246

)

SHAREHOLDERS' FUNDS

(17,902

)

(19,245

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 4 August 2017 and were signed by:

M Z Oppenheimer - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Computer equipment

-

33% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2015

and 31 May 2016

1,845

DEPRECIATION

At 1 June 2015

1,016

Charge for year

273

At 31 May 2016

1,289

NET BOOK VALUE

At 31 May 2016

556

At 31 May 2015

829

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1

Ordinary

£1

1