Company Registration No. 06217629 (England and Wales)
L&G INTERNATIONAL LIMITED
Unaudited accounts
for the period from 1 May 2016 to 30 June 2017
L&G INTERNATIONAL LIMITED
Unaudited accounts
Contents
L&G INTERNATIONAL LIMITED
Company Information
for the period from 1 May 2016 to 30 June 2017
Company Number
06217629 (England and Wales)
Registered Office
61 BEDFORD STREET
LEAMINGTON SPA
WARWICKSHIRE
CV32 5DN
ENGLAND
Accountants
SQK Accountancy
132-134 Great Ancoats Street
Manchester
England
M4 6DE
L&G INTERNATIONAL LIMITED
Statement of financial position
as at 30 June 2017
Cash at bank and in hand
58,411
1,087
Creditors: amounts falling due within one year
(159,333)
(49,687)
Net current assets/(liabilities)
1,309
(571)
Net assets/(liabilities)
1,349
(525)
Called up share capital
4
4
Profit and loss account
1,345
(529)
Shareholders' funds
1,349
(525)
For the period ending 30 June 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 16 March 2018.
Mrs J Levy
Director
Company Registration No. 06217629
L&G INTERNATIONAL LIMITED
Notes to the Accounts
for the period from 1 May 2016 to 30 June 2017
L&G INTERNATIONAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06217629. The registered office is 61 BEDFORD STREET, LEAMINGTON SPA, WARWICKSHIRE, CV32 5DN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 1 May 2016 to 30 June 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line
4
Tangible fixed assets
Plant & machinery
L&G INTERNATIONAL LIMITED
Notes to the Accounts
for the period from 1 May 2016 to 30 June 2017
Trade debtors
102,231
34,800
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
-
25,644
Trade creditors
101,472
351
Taxes and social security
4,661
5,047
Other creditors
45,200
18,645
7
Average number of employees
During the period the average number of employees was 2 (2016: 2).
