Liftabout Limited - Accounts to registrar (filleted) - small 17.3

Liftabout Limited - Accounts to registrar (filleted) - small 17.3

LIFTABOUT LIMITED - Company Information

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REGISTERED NUMBER: 03848915 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2017

FOR

LIFTABOUT LIMITED
LIFTABOUT LIMITED (REGISTERED NUMBER: 03848915)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2017




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


LIFTABOUT LIMITED

COMPANY INFORMATION
for the Year Ended 30 September 2017







DIRECTOR: T G Henson



REGISTERED OFFICE: The Squires
5 Walsall Street
Wednesbury
West Midlands
WS10 9BZ



REGISTERED NUMBER: 03848915 (England and Wales)



ACCOUNTANTS: Wright & Co Partnership Limited
Chartered Accountants
5 Walsall Street
Wednesbury
West Midlands
WS10 9BZ



BANKERS: National Westminster Bank plc
42 Cheshire Street
Market Drayton
Shropshire
TF9 1PG
Page 1
LIFTABOUT LIMITED (REGISTERED NUMBER: 03848915)

ABRIDGED BALANCE SHEET
30 September 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 74 87

CURRENT ASSETS
Debtors 127 -
Cash at bank 53,604 52,388
53,731 52,388
CREDITORS
Amounts falling due within one year 3,020 9,988
NET CURRENT ASSETS 50,711 42,400
TOTAL ASSETS LESS CURRENT
LIABILITIES
50,785
42,487

CAPITAL AND RESERVES
Called up share capital 4 1,000 1,000
Retained earnings 5 49,785 41,487
SHAREHOLDERS' FUNDS 50,785 42,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 September 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29 November 2017 and were signed by:





T G Henson - Director


The notes form part of these financial statements

Page 2
LIFTABOUT LIMITED (REGISTERED NUMBER: 03848915)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Liftabout Limited is a private company, limited by shares , registered in England and Wales. The company's registered
number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that
it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

3. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2016
and 30 September 2017 1,472
DEPRECIATION
At 1 October 2016 1,385
Charge for year 13
At 30 September 2017 1,398
NET BOOK VALUE
At 30 September 2017 74
At 30 September 2016 87

4. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
500 Ordinary £1 500 500
500 Non voting £1 500 500
1,000 1,000

Page 3 continued...
LIFTABOUT LIMITED (REGISTERED NUMBER: 03848915)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 September 2017

5. RESERVES
Retained
earnings
£   

At 1 October 2016 41,487
Profit for the year 8,298
At 30 September 2017 49,785

6. FIRST YEAR ADOPTION

These are the company's first financial statements prepared in accordance with FRS 102, the Financial Reporting Standard
applicable to the UK and Republic of Ireland. Previously they were prepared in accordance with the previous UK GAAP.
The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not
impacted on equity or profit and loss.

Page 4