Lynchpin Accounting Ltd - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07367167 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

Lynchpin Accounting Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mrs Ginette Higgs

REGISTERED OFFICE:

8 Croft Road

Newbury

Berkshire

RG14 7AL

REGISTERED NUMBER:

07367167 (England and Wales)

ACCOUNTANTS:

Lynchpin Accounting Limited

Croft House

14 Northcroft Lane

Newbury

Berkshire

RG14 1BU

FIXED ASSETS

Tangible assets

2

2,524

2,240

CURRENT ASSETS

Debtors

6,360

4,909

Prepayments and accrued income

2,339

4,628

Cash at bank and in hand

602

162

9,301

9,699

CREDITORS

Amounts falling due within one year

(9,321

)

(7,059

)

NET CURRENT (LIABILITIES)/ASSETS

(20

)

2,640

TOTAL ASSETS LESS CURRENT LIABILITIES

2,504

4,880

CREDITORS

Amounts falling due after more than one year

(2,211

)

(4,624

)

NET ASSETS

293

256

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

292

255

SHAREHOLDERS' FUNDS

293

256

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 8 December 2014 and were signed by:

Mrs Ginette Higgs - 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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, 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.

Plant and machinery etc

-

25% on reducing balance

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 October 2013

4,586

Additions

1,127

At 30 September 2014

5,713

DEPRECIATION

At 1 October 2013

2,346

Charge for year

843

At 30 September 2014

3,189

NET BOOK VALUE

At 30 September 2014

2,524

At 30 September 2013

2,240

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

1

1

1