Abbreviated Company Accounts - LAURA DESMOND LONDON LTD

LAURA DESMOND LONDON LTD - Company Information

Registered Number 07560234

LAURA DESMOND LONDON LTD

Abbreviated Accounts

31 March 2014

LAURA DESMOND LONDON LTD Registered Number 07560234

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	11,911	16,911
		11,911	16,911
Current assets
Debtors		40,592	5,998
Cash at bank and in hand		37,916	171,835
		78,508	177,833
Creditors: amounts falling due within one year		(33,546)	(96,550)
Net current assets (liabilities)		44,962	81,283
Total assets less current liabilities		56,873	98,194
Total net assets (liabilities)		56,873	98,194
Capital and reserves
Called up share capital		100	100
Profit and loss account		56,773	98,094
Shareholders' funds		56,873	98,194

For the year ending 31 March 2014 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 30 December 2014

And signed on their behalf by:
Laura Desmond, Director

LAURA DESMOND LONDON LTD Registered Number 07560234

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less their estimated residual value, over their
expected useful lives on the following bases:
S/Term Leasehold Property - 4 years
Fixtures and fittings - 3 years
Office equipment - 3 years

2Tangible fixed assets

	£
Cost
At 1 April 2013	29,793
Additions	5,559
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	35,352
Depreciation
At 1 April 2013	12,882
Charge for the year	10,559
On disposals	-
At 31 March 2014	23,441
Net book values
At 31 March 2014	11,911
At 31 March 2013	16,911