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LID DEVELOPMENTS LIMITED - Company Information

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Draft

LID DEVELOPMENTS LIMITED

Registered Number:06428400

For the year ended 30 November 2016

England and Wales

Unaudited Financial Statements

Draft

For the year ended 30 November 2016

LID DEVELOPMENTS LIMITED

Contents Page

Statement of Financial Position

Notes to the Financial Statements

Draft

As at 30 November 2016

LID DEVELOPMENTS LIMITED

Statement of Financial Position

Registered Number :

06428400

2016

Notes

Fixed assets

Property, plant and equipment

83,285

Current assets

Inventories

268,000

Trade and other receivables

4,080

Cash and cash equivalents

154

272,234

Trade and other payables: amounts falling due within one

year

(191,037)

81,197

Net current assets

Total assets less current liabilities

164,482

Net assets/liabilities

Capital and reserves

Called up share capital

100

Retained earnings

164,382

164,482

Shareholders' funds

For the year ended 30 November 2016 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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 director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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.

Mr N Liddiard Director

These financial statements were approved and authorised for issue by the Board on 09 October 2017 and were signed by:

The notes form part of these financial statements

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Draft

For the year ended 30 November 2016

LID DEVELOPMENTS LIMITED

Notes to the Financial Statements

Statutory Information

LID DEVELOPMENTS LIMITED is a private limited company, limited by shares, domiciled in England and Wales,

registration number 06428400.

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as

modified by the revaluation of certain assets.

2. Property, plant and equipment

Total

Motor

Vehicles

Plant and

Machinery

Cost or

valuation

At 01 December 2015

205,505

62,161

143,344

1,836

Additions

(18,990)

Disposals

(18,990)

At 30 November 2016

145,180

43,171

188,351

Provision for depreciation and impairment

At 01 December 2015

85,612

31,359

54,253

Charge for year

27,762

5,030

22,732

(8,308)

On disposal

At 30 November 2016

105,066

28,081

76,985

At 30 November 2016

Net book value

68,195

15,090

83,285

At 30 November 2015

89,091

30,802

119,893

3. Trade and other payables: amounts falling due within one year

2016

Bank loans and overdraft

64,099

Trade creditors

46,038

Taxation and social security

4,887

Other creditors

76,013

191,037

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