ACCOUNTS - Final Accounts preparation

LEXIE ENTERPRISES 2015 LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2018-01-312018-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetruefalse2017-02-01 09403281 2017-02-01 2018-01-31 09403281 2016-02-01 2017-01-31 09403281 2018-01-31 09403281 2017-01-31 09403281 c:Director1 2017-02-01 2018-01-31 09403281 d:CurrentFinancialInstruments 2018-01-31 09403281 d:CurrentFinancialInstruments 2017-01-31 09403281 d:CurrentFinancialInstruments d:WithinOneYear 2018-01-31 09403281 d:CurrentFinancialInstruments d:WithinOneYear 2017-01-31 09403281 d:ShareCapital 2018-01-31 09403281 d:ShareCapital 2017-01-31 09403281 d:RetainedEarningsAccumulatedLosses 2018-01-31 09403281 d:RetainedEarningsAccumulatedLosses 2017-01-31 09403281 c:OrdinaryShareClass1 2017-02-01 2018-01-31 09403281 c:FRS102 2017-02-01 2018-01-31 09403281 c:AuditExempt-NoAccountantsReport 2017-02-01 2018-01-31 09403281 c:FullAccounts 2017-02-01 2018-01-31 09403281 c:PrivateLimitedCompanyLtd 2017-02-01 2018-01-31 09403281 d:EntityControlledByKeyManagementPersonnel1 2017-02-01 2018-01-31 09403281 d:EntityControlledByKeyManagementPersonnel1 2018-01-31 09403281 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2017-02-01 2018-01-31 09403281 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2018-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09403281

LEXIE ENTERPRISES 2015 LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2018

LEXIE ENTERPRISES 2015 LIMITED

REGISTERED NUMBER: 09403281

BALANCE SHEET

AS AT 31 JANUARY 2018

		2018		2017
Note		£		£


CURRENT ASSETS
Cash at bank		36		99
Creditors: amounts falling due within one year	4	(661)		(426)
NET CURRENT LIABILITIES			(625)		(327)
TOTAL ASSETS LESS CURRENT LIABILITIES			(625)		(327)

NET LIABILITIES			(625)		(327)

CAPITAL AND RESERVES
Called up share capital	5	10	10
Profit and loss account		(635)	(337)
		(625)	(327)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mr M D Pollard

Director

Date: 8 October 2018

The notes on pages 2 to 3 form part of these financial statements.

Page 1

LEXIE ENTERPRISES 2015 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

1.	GENERAL INFORMATION

Lexie Enterprises 2015 Limited is a private Company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is 2 Venture Court, Edison Road, St. Ives, Cambridgeshire, England, PE27 3JX. This Company is not part of a group.

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.3

FINANCIAL INSTRUMENTS

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

2.4

CREDITORS

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 1 (2017 - 1).

Page 2

LEXIE ENTERPRISES 2015 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2018

4.	CREDITORS: Amounts falling due within one year
		2018	2017
		£	£

Other creditors	506	306
Accruals and deferred income	155	120
	661	426

5.	SHARE CAPITAL
		2018	2017
		£	£

Allotted, called up and fully paid

10 Ordinary shares of £1 each	10	10

RELATED PARTY TRANSACTIONS

During the year the Company operated a loan with the director of the Company. The amount payable to the director of the Company at the year end was £306 (2017- £306). This loan is interest free and repayable on demand.
The Company operated a loan account with a Company under common control. The amount due to that Company at the year end in respect of the loan was £200 (2017 – £Nil). This loan is interest free and repayable upon demand.

Page 3