Live Electrical Distributors Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08477580 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

8 APRIL 2013 TO 30 APRIL 2014

FOR

Live Electrical Distributors Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

D J Kingston

REGISTERED OFFICE:

58a High Street

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1AQ

REGISTERED NUMBER:

08477580 (England and Wales)

ACCOUNTANTS:

Connolly Accountants & Business Advisors LTD

Chartered Certified Accountants

58a High Street

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1AQ

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Live Electrical Distributors Limited for the period ended 30 April 2014 which comprise the

Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Live Electrical Distributors Limited in accordance with our terms of

engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Live

Electrical Distributors Limited and state those matters that we have agreed to state to the director of Live Electrical

Distributors Limited in this report in accordance with the requirements of the Association of Chartered Certified

Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not

accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Live Electrical Distributors Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Live

Electrical Distributors Limited. You consider that Live Electrical Distributors Limited is exempt from the statutory audit

requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Live Electrical Distributors

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Connolly Accountants & Business Advisors LTD

Chartered Certified Accountants

58a High Street

Stony Stratford

Milton Keynes

Buckinghamshire

MK11 1AQ

8 January 2015

FIXED ASSETS

Tangible assets

2

162

CURRENT ASSETS

Debtors

54,102

Cash at bank

996

55,098

CREDITORS

Amounts falling due within one year

59,048

NET CURRENT LIABILITIES

(3,950

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(3,788

)

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

(3,888

)

SHAREHOLDERS' FUNDS

(3,788

)

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

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

The director acknowledges his 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 8 January 2015 and were signed by:

D J Kingston - 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 goods, excluding value added tax.

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

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

249

At 30 April 2014

249

DEPRECIATION

Charge for period

87

At 30 April 2014

87

NET BOOK VALUE

At 30 April 2014

162

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1.00

100