LDL (North) Limited - Period Ending 2017-12-31

LDL (NORTH) LIMITED - Company Information

LDL (North) Limited 04749613 true 2017-01-01 2017-12-31 2017-12-31 The principal activity of the company is that of wholesale and retail distributors of furniture fittings Digita Accounts Production Advanced 6.21.8540.0 Software true S C Ogden 04749613 2017-01-01 2017-12-31 04749613 2017-12-31 04749613 bus:OrdinaryShareClass1 2017-12-31 04749613 bus:OrdinaryShareClass2 2017-12-31 04749613 core:RetainedEarningsAccumulatedLosses 2017-12-31 04749613 core:ShareCapital 2017-12-31 04749613 core:FinancialAssetsCostLessImpairment 2017-12-31 04749613 core:CurrentFinancialInstruments 2017-12-31 04749613 core:CurrentFinancialInstruments core:WithinOneYear 2017-12-31 04749613 core:DeferredTaxation 2017-12-31 04749613 bus:FRS102 2017-01-01 2017-12-31 04749613 bus:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 04749613 bus:FullAccounts 2017-01-01 2017-12-31 04749613 bus:RegisteredOffice 2017-01-01 2017-12-31 04749613 bus:Director2 2017-01-01 2017-12-31 04749613 bus:OrdinaryShareClass1 2017-01-01 2017-12-31 04749613 bus:OrdinaryShareClass2 2017-01-01 2017-12-31 04749613 bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 04749613 countries:AllCountries 2017-01-01 2017-12-31 04749613 2016-12-31 04749613 core:DeferredTaxation 2016-12-31 04749613 2016-01-01 2016-12-31 04749613 2016-12-31 04749613 bus:OrdinaryShareClass1 2016-12-31 04749613 bus:OrdinaryShareClass2 2016-12-31 04749613 core:RetainedEarningsAccumulatedLosses 2016-12-31 04749613 core:ShareCapital 2016-12-31 04749613 core:CurrentFinancialInstruments 2016-12-31 04749613 core:CurrentFinancialInstruments core:WithinOneYear 2016-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 04749613

LDL (North) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2017

Thompson Jones Business Solutions Limited
Chartered Accountants
2 Heap Bridge
Bury
Lancashire
BL9 7HR

LDL (North) Limited

Profit and Loss Account for the Year Ended 31 December 2017

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

The notes on pages 3 to 5 form an integral part of these financial statements.

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LDL (North) Limited

(Registration number: 04749613)
Balance Sheet as at 31 December 2017

	Note	2017 £	2016 £
Fixed assets
Other financial assets	3	100	100
Current assets
Debtors	4	45,945	45,945
Creditors: Amounts falling due within one year	5	(6,002)	(6,002)
Net current assets		39,943	39,943
Total assets less current liabilities		40,043	40,043
Provisions for liabilities	6	(1,000)	(1,000)
Net assets		39,043	39,043
Capital and reserves
Called up share capital	7	40,100	40,100
Profit and loss account		(1,057)	(1,057)
Total equity		39,043	39,043

For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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 and authorised by the director on 7 September 2018

.........................................

S C Ogden

Director

The notes on pages 3 to 5 form an integral part of these financial statements.

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LDL (North) Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
2 Heap Bridge
Bury
Lancashire
BL9 7HR

These financial statements were authorised for issue by the director on 7 September 2018.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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LDL (North) Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

3	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2017	100	100
At 31 December 2017	100	100
Impairment
Carrying amount
At 31 December 2017	100	100

Debtors

	2017 £	2016 £
Other debtors	45,945	45,945
	45,945	45,945

Creditors

	Note	2017 £	2016 £
Due within one year
Amounts due to related parties		6,002	6,002

6	Deferred tax and other provisions

	Deferred tax £	Total £
At 1 January 2017	1,000	1,000
At 31 December 2017	1,000	1,000

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LDL (North) Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

7	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary shares of £1 each	40,000	40,000	40,000	40,000
Ordinary "B" shares of £1 each	100	100	100	100
	40,100	40,100	40,100	40,100

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