Micro-entity Accounts - LUPUS ALBUS LIMITED

Micro-entity Accounts - LUPUS ALBUS LIMITED


Registered Number 07158797

LUPUS ALBUS LIMITED

Micro-entity Accounts

31 March 2017

LUPUS ALBUS LIMITED Registered Number 07158797

Micro-entity Balance Sheet as at 31 March 2017

Notes 2017 2016
£ £
Current assets
Debtors - 47
Cash at bank and in hand 5 10
5 57
Creditors: amounts falling due within one year (4) (2,194)
Net current assets (liabilities) 1 (2,137)
Total assets less current liabilities 1 (2,137)
Total net assets (liabilities) 1 (2,137)
Capital and reserves
Called up share capital 1 1
Profit and loss account - (2,138)
Shareholders' funds 1 (2,137)
  • For the year ending 31 March 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 22 December 2017

And signed on their behalf by:
Natalie Pilato, Director

LUPUS ALBUS LIMITED Registered Number 07158797

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents commissions received and fees receivable for services provided in the normal course of business. Revenue is recognised in line with accrual accounting based on fees received for services provided during the financial year.

Other accounting policies
Going concern: After making enquiries, the Director has reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, she continues to adopt the going concern basis in preparing the financial statements.