Micro-entity Accounts - LONGSIGHT HOUSE LIMITED

LONGSIGHT HOUSE LIMITED - Company Information

08984189 LONGSIGHT HOUSE LIMITED 2017-04-30 false 2016-05-01 2017-04-30 true 08984189 2016-05-01 2017-04-30 08984189 2017-04-30 08984189 2016-04-30 08984189 uk-gaap-cd-bus:Director1 2016-05-01 2017-04-30 08984189 uk-gaap-cd-bus:Director2 2016-05-01 2017-04-30 08984189 uk-gaap-cd-bus:AllEntityOfficers 2016-05-01 2017-04-30 iso4217:GBP shares

Registered Number 08984189

LONGSIGHT HOUSE LIMITED

Micro-entity Accounts

30 April 2017

LONGSIGHT HOUSE LIMITED Registered Number 08984189

Micro-entity Balance Sheet as at 30 April 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	1,863,590	747,794
		1,863,590	747,794
Current assets
Debtors		49,081	59,965
Cash at bank and in hand		21,607	19,739
		70,688	79,704
Creditors: amounts falling due within one year		(766,160)	(829,148)
Net current assets (liabilities)		(695,472)	(749,444)
Total assets less current liabilities		1,168,118	(1,650)
Total net assets (liabilities)		1,168,118	(1,650)
Capital and reserves
Called up share capital		300	300
Revaluation reserve		1,100,000	-
Profit and loss account		67,818	(1,950)
Shareholders' funds		1,168,118	(1,650)

For the year ending 30 April 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 19 January 2018

And signed on their behalf by:
Kaleem Majid, Director

LONGSIGHT HOUSE LIMITED Registered Number 08984189

Notes to the Micro-entity Accounts for the period ended 30 April 2017

1Tangible fixed assets

	£
Cost
At 1 May 2016	747,794
Additions	28,962
Disposals	-
Revaluations	1,100,000
Transfers	-
At 30 April 2017	1,876,756
Depreciation
At 1 May 2016	-
Charge for the year	13,166
On disposals	-
At 30 April 2017	13,166
Net book values
At 30 April 2017	1,863,590
At 30 April 2016	747,794

2Accounting Policies

Basis of measurement and preparation of accounts
The financial statements are prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year
and derives from the provision of goods falling within the company's ordinary activities.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its
expected useful life, as follows:
Land and buildings - Straight line over years
Fixtures, fittings
and equipment - 25% straight line