Lamb Entertainment Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 07748880 (England and Wales)

Financial Statements for the Year Ended 31 August 2017

for

Lamb Entertainment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G M Lamb

SECRETARY:

None

REGISTERED OFFICE:

28B Sheldon Avenue

London

N6 4JT

REGISTERED NUMBER:

07748880 (England and Wales)

ACCOUNTANTS:

Arthur Garty & Co. Ltd.

161 Albert Street

Dundee

Tayside

DD4 6PX

FIXED ASSETS

Tangible assets

4

2,511

3,200

CURRENT ASSETS

Debtors

5

46,775

46,775

Cash at bank

9,552

-

56,327

46,775

CREDITORS

Amounts falling due within one year

6

47,588

42,897

NET CURRENT ASSETS

8,739

3,878

TOTAL ASSETS LESS CURRENT LIABILITIES

11,250

7,078

CREDITORS

Amounts falling due after more than one year

7

1,805

-

NET ASSETS

9,445

7,078

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9,443

7,076

SHAREHOLDERS' FUNDS

9,445

7,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 27 June 2018 and were signed by:

G M Lamb - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 September 2016

11,548

Additions

148

At 31 August 2017

11,696

DEPRECIATION

At 1 September 2016

8,348

Charge for year

837

At 31 August 2017

9,185

NET BOOK VALUE

At 31 August 2017

2,511

At 31 August 2016

3,200

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

46,775

46,775

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

1,667

6,895

Taxation and social security

39,048

27,917

Other creditors

6,873

8,085

47,588

42,897

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

1,805

-

8.	ULTIMATE CONTROLLING PARTY

The controlling party is G M Lamb.