Abbreviated Company Accounts - LAW DISTRIBUTION LIMITED
Abbreviated Company Accounts - LAW DISTRIBUTION LIMITED
Registered Number 02915724
LAW DISTRIBUTION LIMITED
Abbreviated Accounts
31 December 2013
LAW DISTRIBUTION LIMITED Registered Number 02915724
Abbreviated Balance Sheet as at 31 December 2013
Notes | 2013 | 2012 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Investments | 3 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 4 |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 December 2013 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.
Approved by the Board on
And signed on their behalf by:
LAW DISTRIBUTION LIMITED Registered Number 02915724
Notes to the Abbreviated Accounts for the period ended 31 December 2013
1Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Leasehold properties - Straight line over the life of the lease
Plant and machinery - 10-25% straight line
Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax.
Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
£ | |
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Cost | |
At 1 January 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 December 2013 |
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Depreciation | |
At 1 January 2013 |
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Charge for the year |
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On disposals |
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At 31 December 2013 |
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Net book values | |
At 31 December 2013 | 165,741 |
At 31 December 2012 | 223,379 |
3Fixed assets Investments
Subsidiary undertakings: 2013 - £75 2012 - £126
The company owns 75% of the ordinary share capital of Law Logistics Limited, a dormant company registered in England and Wales. At 31st December 2013 Law Logistics capital and reserves were £11,499 and profit for the year £nil.