Micro-entity Accounts - LANES (GB) LIMITED

LANES (GB) LIMITED - Company Information

02016886 LANES (GB) LIMITED 2017-04-30 false 2016-05-01 2017-04-30 true 02016886 2016-05-01 2017-04-30 02016886 2017-04-30 02016886 2016-04-30 02016886 uk-gaap-cd-bus:Director1 2016-05-01 2017-04-30 02016886 uk-gaap-cd-bus:Director2 2016-05-01 2017-04-30 02016886 uk-gaap-cd-bus:AllEntityOfficers 2016-05-01 2017-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-01 2017-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2017-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-05-01 2017-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2017-04-30 uk-gaap-cd-bus:OrdinaryShareClass2 2016-04-30 iso4217:GBP shares

Registered Number 02016886

LANES (GB) LIMITED

Micro-entity Accounts

30 April 2017

LANES (GB) LIMITED Registered Number 02016886

Micro-entity Balance Sheet as at 30 April 2017

	Notes	2017	2016
		£	£
Fixed assets
Intangible assets	1	1	1
Tangible assets	2	1,040,322	776,144
		1,040,323	776,145
Current assets
Stocks		13,074	13,008
Debtors		30,730	34,161
Cash at bank and in hand		35,757	24,739
		79,561	71,908
Creditors: amounts falling due within one year	3	(436,300)	(410,519)
Net current assets (liabilities)		(356,739)	(338,611)
Total assets less current liabilities		683,584	437,534
Creditors: amounts falling due after more than one year	3	(169,988)	(188,874)
Provisions for liabilities		(7,735)	(6,770)
Total net assets (liabilities)		505,861	241,890
Capital and reserves
Called up share capital	4	5,100	5,100
Share premium account		5,250	5,250
Revaluation reserve		532,956	272,850
Profit and loss account		(37,445)	(41,310)
Shareholders' funds		505,861	241,890

For the year ending 30 April 2017 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 July 2017

And signed on their behalf by:
Mr M Benningfield, Director

LANES (GB) LIMITED Registered Number 02016886

Notes to the Micro-entity Accounts for the period ended 30 April 2017

1Intangible fixed assets

	£
Cost
At 1 May 2016	60,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2017	60,000
Amortisation
At 1 May 2016	59,999
Charge for the year	-
On disposals	-
At 30 April 2017	59,999
Net book values
At 30 April 2017	1
At 30 April 2016	1

2Tangible fixed assets

	£
Cost
At 1 May 2016	916,662
Additions	98,782
Disposals	(87,900)
Revaluations	223,644
Transfers	-
At 30 April 2017	1,151,188
Depreciation
At 1 May 2016	140,518
Charge for the year	30,376
On disposals	(60,028)
At 30 April 2017	110,866
Net book values
At 30 April 2017	1,040,322
At 30 April 2016	776,144

3Creditors

	2017 £	2016 £
Instalment debts due after 5 years	136,294	156,577

4Called Up Share Capital
Allotted, called up and fully paid:

	2017 £	2016 £
5,000 A Ordinary shares of £1 each	5,000	5,000
100 B Ordinary shares of £1 each	100	100