Lead Evolve Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09310380 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Lead Evolve Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J M Marshall

S E H Nutley

C J Sutton

REGISTERED OFFICE:

Unit 1e, The Svt Building Holloway Road

Heybridge

Maldon

Essex

CM9 4ER

REGISTERED NUMBER:

09310380 (England and Wales)

ACCOUNTANTS:

Thorne & Co.

Accountants and Registered Auditors

1 St Mary's Street

Ross-on-Wye

Herefordshire

HR9 5HT

FIXED ASSETS

Tangible assets

2

1,031

1,362

CURRENT ASSETS

Debtors

1,191

18,000

Cash at bank

1,535

195

2,726

18,195

CREDITORS

Amounts falling due within one year

29,316

37,680

NET CURRENT LIABILITIES

(26,590

)

(19,485

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,559

)

(18,123

)

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

(25,560

)

(18,124

)

SHAREHOLDERS' FUNDS

(25,559

)

(18,123

)

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 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 Board of Directors on 30 August 2017 and were signed on its
behalf by:

J M Marshall - 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

-

50% on reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the

treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by

the balance sheet date, except as required by the FRSSE.

Deferred tax is measured at the rates that are expected to apply in the periods when the timing

differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

1,558

Additions

466

At 30 November 2016

2,024

DEPRECIATION

At 1 December 2015

196

Charge for year

797

At 30 November 2016

993

NET BOOK VALUE

At 30 November 2016

1,031

At 30 November 2015

1,362

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.16

30.11.15

value:

£

1

Ordinary shares

1.00

1