Abbreviated Company Accounts - LINCS REINFORCEMENT LIMITED

Abbreviated Company Accounts - LINCS REINFORCEMENT LIMITED


Registered Number 07795069

LINCS REINFORCEMENT LIMITED

Abbreviated Accounts

31 October 2013

LINCS REINFORCEMENT LIMITED Registered Number 07795069

Abbreviated Balance Sheet as at 31 October 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 554 355
554 355
Current assets
Debtors 4,056 4,706
Cash at bank and in hand 25,023 23
29,079 4,729
Creditors: amounts falling due within one year (15,068) (4,846)
Net current assets (liabilities) 14,011 (117)
Total assets less current liabilities 14,565 238
Provisions for liabilities (58) (7)
Total net assets (liabilities) 14,507 231
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 14,506 230
Shareholders' funds 14,507 231
  • For the year ending 31 October 2013 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 31 July 2014

And signed on their behalf by:
Wayne Camm, Director

LINCS REINFORCEMENT LIMITED Registered Number 07795069

Notes to the Abbreviated Accounts for the period ended 31 October 2013

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents income achieved during the year under review.

Tangible assets depreciation policy
Tangible fixed assets are being depreciated on a straight line basis at 20% per annum.

2Tangible fixed assets
£
Cost
At 1 November 2012 444
Additions 360
Disposals -
Revaluations -
Transfers -
At 31 October 2013 804
Depreciation
At 1 November 2012 89
Charge for the year 161
On disposals -
At 31 October 2013 250
Net book values
At 31 October 2013 554
At 31 October 2012 355
3Called Up Share Capital
Allotted, called up and fully paid:
2013
£
2012
£
1 Ordinary shares of £1 each 1 1