Lansdowne Woodward Holdings Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06267638 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2014

FOR

LANSDOWNE WOODWARD HOLDINGS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

Mr P D Woodward

Mr J Kane

Mr N M Jordan

REGISTERED OFFICE:

Princes Court

Princes Road

Ferndown

Dorset

BH22 9JG

REGISTERED NUMBER:

06267638 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

& Statutory Auditors

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

FIXED ASSETS

Intangible assets

2

58,750

58,750

Investments

3

19,000

19,000

77,750

77,750

CURRENT ASSETS

Cash at bank and in hand

2,000

2,000

CREDITORS

Amounts falling due within one year

(7,150

)

(26,423

)

NET CURRENT LIABILITIES

(5,150

)

(24,423

)

TOTAL ASSETS LESS CURRENT LIABILITIES

72,600

53,327

CAPITAL AND RESERVES

Called up share capital

4

101

100

Profit and loss account

72,499

53,227

SHAREHOLDERS' FUNDS

72,600

53,327

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 28 November 2014 and were signed on its behalf by:

Mr P D Woodward - 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).

Preparation of consolidated financial statements

The financial statements contain information about Lansdowne Woodward Holdings Limited as an individual

company and do not contain consolidated financial information as the parent of a group. The company has

taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial

statements.

Turnover

Turnover represents expenses re-charged to the subsidiary trading company during the year.

Goodwill

The directors have departed from the FRSSE in that goodwill has not been depreciated in order to show a true

and fair view. The value of the goodwill is calculated with regard to the trading subsidiary, Lansdowne

Woodward Financial Services Limited. The goodwill has been valued by the directors at the balance sheet date

at £240,000. No impairment in the value of stated goodwill has occurred. Had the goodwill been amortised

over 20 years £2,938 would have been charged to the Profit and Loss Account.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2013

and 31 July 2014

58,750

NET BOOK VALUE

At 31 July 2014

58,750

At 31 July 2013

58,750

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 August 2013

and 31 July 2014

19,000

NET BOOK VALUE

At 31 July 2014

19,000

At 31 July 2013

19,000

The company's investments at the balance sheet date in the share capital of companies include the following:

Lansdowne Woodward Financial Services Limited

Nature of business: Providing financial and investment advice

%

Class of shares:

holding

Ordinary

100.00

2014

2013

£

£

Aggregate capital and reserves

128,537

86,079

Profit for the year

115,611

59,605

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

1

100

100

1

Ordinary B

£1

1

-

101

100

Allotted and issued:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Share capital 2

£1

1

-

The following shares were issued during the year for cash at par :

1 Ordinary B share of £1