LUEGO SPORTS CARS LIMITED Accounts filed on 31-03-2014

LUEGO SPORTS CARS LIMITED Accounts filed on 31-03-2014

LUEGO SPORTS CARS LIMITED - Company Information

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LUEGO SPORTS CARS LIMITED




Company Registration Number:
SC319551 (Scotland)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st April 2013

End date: 31st March 2014

SUBMITTED

LUEGO SPORTS CARS LIMITED

Company Information
for the Period Ended 31st March 2014




Director: Benjamin Lord
Company secretary: Stuart lord
Registered office: Crosshill Garage Montrose Road
Brechin
Angus
DD9 7PL
Company Registration Number: SC319551 (Scotland)

LUEGO SPORTS CARS LIMITED

Abbreviated Balance sheet
As at 31st March 2014

Notes 2014
£		 2013
£
Fixed assets
Tangible assets: 4 16,767 18,630
Total fixed assets: 16,767 18,630
Current assets
Cash at bank and in hand: 2,542 8,805
Total current assets: 2,542 8,805
Creditors
Net current assets (liabilities): 2,542 8,805
Total assets less current liabilities: 19,309 27,435
Creditors: amounts falling due after more than one year: 5 20,000 20,500
Total net assets (liabilities): ( 691 ) 6,935

The notes form part of these financial statements

LUEGO SPORTS CARS LIMITED

Abbreviated Balance sheet
As at 31st March 2014
continued

Notes 2014
£		 2013
£
Capital and reserves
Called up share capital: 6 10,000 10,000
Profit and Loss account: ( 10,691 ) ( 3,065 )
Total shareholders funds: ( 691 ) 6,935

For the year ending 31 March 2014 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 09 December 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: Benjamin Lord
Status: Director

The notes form part of these financial statements

LUEGO SPORTS CARS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Small Entities (effective June 2002).

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

LUEGO SPORTS CARS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 4. Tangible assets

    Total
    Cost £
    At 01st April 2013: 18,630
    At 31st March 2014: 18,630
    Depreciation
    Charge for year: 1,863
    At 31st March 2014: 1,863
    Net book value
    At 31st March 2014: 16,767
    At 31st March 2013: 18,630

LUEGO SPORTS CARS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 5. Creditors: amounts falling due after more than one year

    2014
    £     		2013
    £
    Other creditors: 20,000 20,500
    Total: 20,000 20,500

LUEGO SPORTS CARS LIMITED

Notes to the Abbreviated Accounts
for the Period Ended 31st March 2014

  • 6. Called up share capital

    Allotted, called up and paid

    Previous period 2013
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10,000 1.00
    1.00
    		10,000
    Total share capital: 10,000
    Current period 2014
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10,000 1.00
    1.00
    		10,000
    Total share capital: 10,000