Launch48 Ltd - Limited company - abbreviated - 11.0.0

Launch48 Ltd - Limited company - abbreviated - 11.0.0


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REGISTERED NUMBER: 07124540 (England and Wales)












Abbreviated Unaudited Accounts

for the Year Ended 31 March 2014

for

Launch48 Ltd

Launch48 Ltd (Registered number: 07124540)






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

Launch48 Ltd

Company Information
for the Year Ended 31 March 2014







DIRECTORS: M Hales
S Jenner





REGISTERED OFFICE: The Lodge
30A Frederick Road
Birmingham
West Midlands
B15 1JN





REGISTERED NUMBER: 07124540 (England and Wales)





ACCOUNTANTS: Locke Williams Associates LLP
Chartered Accountants
Blackthorn House
St Pauls Square
Birmingham
West Midlands
B3 1RL

Launch48 Ltd (Registered number: 07124540)

Abbreviated Balance Sheet
31 March 2014

31.3.14 31.3.13
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 841 2,082

CURRENT ASSETS
Debtors 34,662 34,145
Cash at bank 62,894 23,232
97,556 57,377
CREDITORS
Amounts falling due within one year 102,807 61,122
NET CURRENT LIABILITIES (5,251 ) (3,745 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,410
)
(1,663
)

CAPITAL AND RESERVES
Called up share capital 3 100 100
Profit and loss account (4,510 ) (1,763 )
SHAREHOLDERS' FUNDS (4,410 ) (1,663 )

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 directors acknowledge their 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 Board of Directors on 22 December 2014 and were signed on
its behalf by:





S Jenner - Director


Launch48 Ltd (Registered number: 07124540)

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 - 25% on cost
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
and 31 March 2014 4,378
DEPRECIATION
At 1 April 2013 2,296
Charge for year 1,241
At 31 March 2014 3,537
NET BOOK VALUE
At 31 March 2014 841
At 31 March 2013 2,082

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.14 31.3.13
value: £    £   
100 Ordinary A £1 100 100

4. ULTIMATE PARENT COMPANY

Oxygen Enterprise Partners Limited is regarded by the directors as being the company's ultimate
parent company.