L E P Designs Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 01921242 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 August 2014

for

L E P Designs Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

L E Papiernik

SECRETARY:

Mrs C Papiernik

REGISTERED OFFICE:

25 Congleton Road North

Church Lawton

Stoke on Trent

Staffordshire

ST7 3AZ

REGISTERED NUMBER:

01921242 (England and Wales)

FIXED ASSETS

Tangible assets

2

486

647

CURRENT ASSETS

Debtors

-

2,367

Cash at bank

26,885

26,250

26,885

28,617

CREDITORS

Amounts falling due within one year

12,718

12,471

NET CURRENT ASSETS

14,167

16,146

TOTAL ASSETS LESS CURRENT LIABILITIES

14,653

16,793

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

14,651

16,791

SHAREHOLDERS' FUNDS

14,653

16,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 16 January 2015 and were signed by:

L E Papiernik - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the assumption that the company is able to carry

on business as a going concern, which the directors consider appropriate having regard to the

company's current and expected performance.

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 is stated net of VAT and trade discounts. Turnover from the supply of services represents

the value of services provided under contracts, to the extent that there is a right to consideration,

is recorded at the value of the consideration due.

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

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 September 2013

and 31 August 2014

1,873

DEPRECIATION

At 1 September 2013

1,226

Charge for year

161

At 31 August 2014

1,387

NET BOOK VALUE

At 31 August 2014

486

At 31 August 2013

647

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary

£1

2

2