Luttons Limited - Limited company - abbreviated

REGISTERED NUMBER: 03962377 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2014

FOR

LUTTONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

S J Fisher

C A Lutton

D G Mouland

SECRETARY:

S J Fisher

REGISTERED OFFICE:

49 Brunswick Road

Gloucester

Gloucestershire

GL1 IJS

REGISTERED NUMBER:

03962377 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville Limited

Chartered Accountants

41 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

CURRENT ASSETS

Debtors

45,393

56,210

Cash at bank

7,444

-

52,837

56,210

CREDITORS

Amounts falling due within one year

13,026

22,408

NET CURRENT ASSETS

39,811

33,802

TOTAL ASSETS LESS CURRENT
LIABILITIES

39,811

33,802

CAPITAL AND RESERVES

Called up share capital

2

6

Share premium

9,999

Profit and loss account

29,806

23,797

SHAREHOLDERS' FUNDS

39,811

33,802

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 19 November 2014 and were signed on its behalf by:

D G Mouland - 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).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Deferred tax

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

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

6

Ordinary

1

6

3.	RELATED PARTY DISCLOSURES

During the year, the company made sales to Luttons Dunford, a partnership in which S J Fisher and D G Mouland are

partners, amounting to £17,605 (2013: £20,962).

During the year, the company paid drawings on behalf of Luttons Dunford amounting to £nil (2013: £20,000).

During the year, Luttons Dunford paid salaries on behalf of the company amounting to £10,000 (2013: £nil)

At the year end, Luttons Dunford owed the company £45,393 (2013: £55,274) and was owed £6,789 (2013: £9,975). These

balances are included in debtors and creditors respectively.

4.	ULTIMATE CONTROLLING PARTY

The company is controlled by C A Lutton, S J Fisher and D G Mouland.

Luttons Limited - Limited company - abbreviated - 11.6

Luttons Limited - Limited company - abbreviated - 11.6