Lyl Business Ltd - Limited company - abbreviated

REGISTERED NUMBER: 08079862 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 November 2014

for

Lyl Business Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms Y Y Lau

REGISTERED OFFICE:

16 Beaufort Court

Admirals Way

Docklands

London

E14 9XL

REGISTERED NUMBER:

08079862 (England and Wales)

ACCOUNTANTS:

RBS Accountants Limited

16 Beaufort Court

Admirals Way

Docklands

London

E14 9XL

FIXED ASSETS

Tangible assets

2

1,264

2,121

CURRENT ASSETS

Debtors

23,754

15,120

Cash at bank

108,475

88,563

132,229

103,683

CREDITORS

Amounts falling due within one year

77,963

68,100

NET CURRENT ASSETS

54,266

35,583

TOTAL ASSETS LESS CURRENT
LIABILITIES

55,530

37,704

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

55,430

37,604

SHAREHOLDERS' FUNDS

55,530

37,704

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 5 January 2015 and were signed by:

Ms Y Y Lau - Director

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 services, excluding value added tax. Turnover is realised in the

accounts when the work is performed.

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

-

33% on cost

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

and 30 November 2014

2,980

DEPRECIATION

At 1 December 2013

859

Charge for year

857

At 30 November 2014

1,716

NET BOOK VALUE

At 30 November 2014

1,264

At 30 November 2013

2,121

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

100

Ordinary

1

100

Lyl Business Ltd - Limited company - abbreviated - 11.6

Lyl Business Ltd - Limited company - abbreviated - 11.6