Limeoak Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10525976 (England and Wales)

Unaudited Financial Statements

for the Period

14 December 2016 to 31 December 2017

for

Limeoak Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss J L Broadley

Mr L D Burnett

REGISTERED OFFICE:

43 Hallett Road

Flitch Green

Dunmow

Essex

CM6 3FR

REGISTERED NUMBER:

10525976 (England and Wales)

ACCOUNTANTS:

McDade Roberts Accountants Limited

Chartered Accountants

316 Blackpool Road

Fulwood

Preston

Lancashire

PR2 3AE

FIXED ASSETS

Tangible assets

4

502

CURRENT ASSETS

Cash at bank

47,169

CREDITORS

Amounts falling due within one year

5

22,916

NET CURRENT ASSETS

24,253

TOTAL ASSETS LESS CURRENT LIABILITIES

24,755

PROVISIONS FOR LIABILITIES

932

NET ASSETS

23,823

CAPITAL AND RESERVES

Called up share capital

20

Retained earnings

6

23,803

23,823

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2017 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 7 September 2018 and were signed on its behalf by:

Mr L D Burnett - Director

1.	STATUTORY INFORMATION

Limeoak Services Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income or

directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the period end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

779

At 31 December 2017

779

DEPRECIATION

Charge for period

277

At 31 December 2017

277

NET BOOK VALUE

At 31 December 2017

502

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1

Tax

20,812

Directors' loan accounts

1,043

Accrued expenses

1,060

22,916

6.

RESERVES

Retained

earnings

£

Profit for the period

85,803

Dividends

(62,000

)

At 31 December 2017

23,803

7.	RELATED PARTY DISCLOSURES

During the period, total dividends of £62,000 were paid to the directors .