Leckhampton Estates Investments Limited - Accounts to registrar - small 17.2

Leckhampton Estates Investments Limited - Accounts to registrar - small 17.2

LECKHAMPTON ESTATES INVESTMENTS LIMITED - Company Information

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REGISTERED NUMBER: 04822680 (England and Wales)




























Unaudited Financial Statements

for the Year Ended 31st December 2016

for

LECKHAMPTON ESTATES INVESTMENTS LIMITED

LECKHAMPTON ESTATES INVESTMENTS LIMITED (REGISTERED NUMBER: 04822680)






Contents of the Financial Statements
for the Year Ended 31st December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LECKHAMPTON ESTATES INVESTMENTS LIMITED

Company Information
for the Year Ended 31st December 2016







DIRECTORS: WVP Bullingham
SD Bullingham





SECRETARY: SD Bullingham





REGISTERED OFFICE: 5 Tebbit Mews
Winchcombe Street
Cheltenham
Gloucestershire
GL52 2NF





REGISTERED NUMBER: 04822680 (England and Wales)





ACCOUNTANTS: Davies Mayers Barnett LLP
Pillar House
113/115 Bath Road
Cheltenham
Gloucestershire
GL53 7LS
Page 1
LECKHAMPTON ESTATES INVESTMENTS LIMITED (REGISTERED NUMBER: 04822680)

Balance Sheet
31st December 2016

2016 2015
Notes £    £   
FIXED ASSETS
Tangible assets 5 242,805 247,760

CURRENT ASSETS
Stocks 9,216 76,813
Debtors 6 362,574 440,741
Cash at bank 1,019 63,354
372,809 580,908
CREDITORS
Amounts falling due within one year 7 (564,705 ) (737,887 )
NET CURRENT LIABILITIES (191,896 ) (156,979 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
50,909
90,781

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50,809 90,681
SHAREHOLDERS' FUNDS 50,909 90,781

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

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 29th September 2017 and were signed on its
behalf by:





SD Bullingham - Director


The notes form part of these financial statements

Page 2
LECKHAMPTON ESTATES INVESTMENTS LIMITED (REGISTERED NUMBER: 04822680)

Notes to the Financial Statements
for the Year Ended 31st December 2016

1. STATUTORY INFORMATION

Leckhampton Estates Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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. Details of adjustments made on transition to FRS 102 are disclosed in the First Year Adoption note.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis, under the historical cost basis except for
the modification to a fair value basis where specified.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss, except to the
extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the
balance sheet date.

Current and deferred tax are determined using tax rates and laws that have been enacted or substantively enacted
by the balance sheet date.

Tangible assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Cost includes purchase cost and other costs directly attributable to making the asset capable of operating as
intended.

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

Land and buildings - 2% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all
costs of purchase, costs of conversion and other costs incurred, where relevant, in bringing stock to its present
location and condition.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising
from impairment are recognised in profit or loss.

Page 3 continued...
LECKHAMPTON ESTATES INVESTMENTS LIMITED (REGISTERED NUMBER: 04822680)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

3. ACCOUNTING POLICIES - continued

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance
sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is
estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an
impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the
impairment loss is a revaluation decrease.

Provisions
Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past
event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be
reliably estimated.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2015 - 2 ) .

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1st January 2016
and 31st December 2016 247,760
DEPRECIATION
Charge for year 4,955
At 31st December 2016 4,955
NET BOOK VALUE
At 31st December 2016 242,805
At 31st December 2015 247,760

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Other debtors 362,574 440,741

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£    £   
Trade creditors 11,906 15,977
Other creditors 552,799 721,910
564,705 737,887

8. OTHER FINANCIAL COMMITMENTS

As at 31st March 2017 the company had total guarantees, contingencies and commitments of £Nil (2016: £Nil).

Page 4 continued...
LECKHAMPTON ESTATES INVESTMENTS LIMITED (REGISTERED NUMBER: 04822680)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

9. RELATED PARTY DISCLOSURES

At the balance sheet date, amounts were owed to directors totalling £487,113 (2015: £492,761). No interest was
charged on these amounts during the current or previous year.

10. FIRST YEAR ADOPTION

This year is the first year the company has presented its results under FRS 102. The last financial statements
prepared under the previous UK GAAP were for the year ended 31st December 2015. The date of transition to
FRS 102 was 1st January 2015.

No material adjustments have been noted on transition to FRS 102.


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