Lightningfast Limited,Ltd - AccountsLtd - Accounts
Lightningfast Limited,Ltd - AccountsLtd - Accounts
Draft |
Registered Number:05913504 |
For the year ended 31 August 2017
England and Wales
Unaudited Financial Statements
2
Draft |
For the year ended 31 August 2017
Lightningfast Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Draft |
As at |
Lightningfast Limited
Statement of Financial Position
Registered Number : |
£ |
£ |
2016
2017
Notes |
Fixed assets |
Intangible assets |
2
Property, plant and equipment |
3
Current assets |
Inventories |
4
Cash and cash equivalents |
Trade and other payables: amounts falling due within one |
year |
(119,959 )
(120,678 )
5
(104,577)
(107,013 )
Net current liabilities
Total assets less current liabilities |
(101,963 )
(98,645 )
(101,963 )
Net liabilities
(98,645 )
Capital and reserves |
Called up share capital |
Retained earnings |
(101,964 )
(98,646 )
(101,963 )
(98,645 )
Shareholders' funds
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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
These financial statements were approved and authorised for issue by the Board on |
The notes form part of these financial statements |
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For the year ended 31 August 2017
Lightningfast Limited
Notes to the Financial Statements
Statutory Information
Lightningfast Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05913504. |
Principal place of business: |
42
Trafalgar Court
Farnham
GU97QF
Registered address: |
Sandy Farm Business Centre
Sands Road, The Sands
Farnham
Surrey
GU10 1PX
The presentation currency is £ sterling. |
1. Accounting policies |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Goodwill
Property, plant and equipment
Furniture and Fittings
Going concern
Although the balance sheet is negative, the director have indicated their intention to support the company for the |
foreseeable future, a period not expected to be less than one year. |
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Draft |
For the year ended 31 August 2017
Lightningfast Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
Cost or valuation |
£ |
At 01 September 2016 |
At 31 August 2017 |
Amortisation |
At 01 September 2016 |
Charge for year
At 31 August 2017 |
Net book value |
At 31 August 2017 |
At 31 August 2016 |
4,261
3. Property, plant and equipment |
Furniture and |
Fittings |
£ |
Cost or |
valuation |
At 01 September 2016 |
At 31 August 2017 |
Provision for depreciation and impairment |
At 01 September 2016 |
Charge for year
At 31 August 2017 |
At 31 August 2017 |
Net book value |
At 31 August 2016 |
4. Inventories |
2016
2017
£ |
£ |
Stocks |
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6
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For the year ended 31 August 2017
Lightningfast Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2016
2017
£ |
£ |
Trade creditors |
Accruals and deferred income |
Directors' loan accounts |
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