| Lillibetcare Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Lillibetcare Limited for the period ended 31 March 2014 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Lillibetcare Limited for the period ended 31 March 2014 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook. |
| This report is made solely to the Board of Directors of Lillibetcare Limited, as a body, in accordance with the terms of our engagement letter dated 30 August 2013. Our work has been undertaken solely to prepare for your approval the accounts of Lillibetcare Limited and state those matters that we have agreed to state to the Board of Directors of Lillibetcare Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lillibetcare Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Lillibetcare Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lillibetcare Limited. You consider that Lillibetcare Limited is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the accounts of Lillibetcare Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts. |
|
| Pinkham Blair |
| Chartered Accountants |
| 87a High Street |
| The Old Town |
| Hemel Hempstead |
| Herts HP1 3AH |
|
| 31 July 2014 |
|
| Lillibetcare Limited |
| Registered number: |
08302671 |
| Abbreviated Balance Sheet |
| as at 31 March 2014 |
|
| Notes |
|
|
2014 |
|
| £ |
|
| Fixed assets |
| Intangible assets |
2 |
|
|
360,558 |
| Tangible assets |
3 |
|
|
12,459 |
|
|
|
|
373,017 |
|
|
| Current assets |
| Debtors |
|
|
205,395 |
| Cash at bank and in hand |
|
|
7,641 |
|
|
|
213,036 |
|
|
|
| Creditors: amounts falling due within one year |
|
|
(550,745) |
|
| Net current liabilities |
|
|
|
(337,709) |
|
|
| Total assets less current liabilities |
|
|
|
35,308 |
|
|
|
| Provisions for liabilities |
|
|
|
(2,492) |
|
|
| Net assets |
|
|
|
32,816 |
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
200 |
| Profit and loss account |
|
|
|
32,616 |
|
| Shareholders' funds |
|
|
|
32,816 |
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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 provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| C. Chesyre |
| Director |
| Approved by the board on 31 July 2014 |
|
| Lillibetcare Limited |
| Notes to the Abbreviated Accounts |
| for the period ended 31 March 2014 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts 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 the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
Plant and machinery |
25% reducing balance |
|
|
Deferred taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
Additions |
441,500 |
|
At 31 March 2014 |
441,500 |
|
|
|
|
|
|
|
|
Amortisation |
|
Provided during the period |
80,942 |
|
At 31 March 2014 |
80,942 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
360,558 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
Additions |
15,695 |
|
At 31 March 2014 |
15,695 |
|
|
|
|
|
|
|
|
Depreciation |
|
Charge for the period |
3,236 |
|
At 31 March 2014 |
3,236 |
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2014 |
12,459 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2014 |
|
2014 |
|
| value |
Number |
£ |
|
|
Allotted, called up and fully paid: |
|
A Ordinary shares |
£1 each |
|
170 |
|
170 |
|
B Ordinary shares |
£1 each |
|
10 |
|
10 |
|
C Ordinary shares |
£1 each |
|
10 |
|
10 |
|
D Ordinary shares |
£1 each |
|
10 |
|
10 |
|
|
|
|
|
|
200 |
|
|
|
|
|
|
|
|
|
