Let Or Sold Limited - Limited company - abbreviated - 11.0.0

Let Or Sold Limited - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 07991367 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

LET OR SOLD LIMITED

LET OR SOLD LIMITED (REGISTERED NUMBER: 07991367)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2014




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Report of the Accountants 4

LET OR SOLD LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2014







DIRECTOR: N S Jabbal



REGISTERED OFFICE: The Manse
49 Sedgley Road West
Tipton
West Midlands
DY4 8AB



REGISTERED NUMBER: 07991367 (England and Wales)



ACCOUNTANTS: Bradley Rhodes Limited
Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB



BANKERS: HSBC
PO Box 33
9 Queen Square
Wolverhampton
West Midlands
WV1 1TE

LET OR SOLD LIMITED (REGISTERED NUMBER: 07991367)

ABBREVIATED BALANCE SHEET
31 March 2014

2014 2013
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 787 900

CURRENT ASSETS
Debtors 2,620 1,650
Cash at bank and in hand 5,906 2,764
8,526 4,414
CREDITORS
Amounts falling due within one year 8,790 9,800
NET CURRENT LIABILITIES (264 ) (5,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

523

(4,486
)

CAPITAL AND RESERVES
Called up share capital 3 5,000 1
Profit and loss account (4,477 ) (4,487 )
SHAREHOLDERS' FUNDS 523 (4,486 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 29 December 2014 and were signed by:





N S Jabbal - Director


LET OR SOLD LIMITED (REGISTERED NUMBER: 07991367)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 31 March 2014

1. ACCOUNTING POLICIES

Accounting convention
The financial statements 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 net invoiced sales of goods, 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.

Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2013 1,200
Additions 270
At 31 March 2014 1,470
DEPRECIATION
At 1 April 2013 300
Charge for year 383
At 31 March 2014 683
NET BOOK VALUE
At 31 March 2014 787
At 31 March 2013 900

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2014 2013
value: £    £   
5,000 Ordinary £1 5,000 1

4,999 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.

LET OR SOLD LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
LET OR SOLD LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)
have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended
31 March 2014 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Bradley Rhodes Limited
Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB


29 December 2014