L2S2 LIMITED Accounts filed on 30-04-2014

false true true true 2013-05-01 2014-04-30 2014-04-30 true 05780057 2013-05-01 2014-04-30 05780057 2012-05-01 2013-04-30 05780057 2014-04-30 05780057 2013-04-30 05780057 2013-04-30 05780057 2012-04-30 05780057 uk-bus:Director1 2013-05-01 2014-04-30 05780057 uk-bus:Director1 2013-05-01 05780057 uk-bus:Director1 2014-04-30 05780057 uk-bus:Director2 2013-05-01 2014-04-30 05780057 uk-bus:Director2 2013-05-01 05780057 uk-bus:Director2 2014-04-30 05780057 uk-bus:CompanySecretary 2013-05-01 2014-04-30 05780057 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2013-05-01 2014-04-30 05780057 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2012-05-01 2013-04-30 05780057 uk-gaap:LeasedTangibleFixedAssets 2013-05-01 2014-04-30 05780057 uk-gaap:LeasedTangibleFixedAssets 2012-05-01 2013-04-30 05780057 uk-gaap:NetGoodwill 2013-05-01 2014-04-30 05780057 uk-gaap:NetGoodwill 2012-05-01 2013-04-30 05780057 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-05-01 2014-04-30 05780057 uk-gaap:IntangibleAssetsOtherThanGoodwill 2012-05-01 2013-04-30 05780057 uk-bus:AllEntityOfficers 2013-05-01 2014-04-30 05780057 uk-bus:AllEntityOfficers 2012-05-01 2013-04-30 05780057 uk-bus:AllOrdinaryShares 2013-05-01 2014-04-30 05780057 uk-bus:AllOrdinaryShares 2014-04-30 05780057 uk-bus:AllOrdinaryShares 2012-05-01 2013-04-30 05780057 uk-bus:AllOrdinaryShares 2013-04-30 05780057 uk-bus:AllPreferenceShares 2013-05-01 2014-04-30 05780057 uk-bus:AllPreferenceShares 2014-04-30 05780057 uk-bus:AllPreferenceShares 2012-05-01 2013-04-30 05780057 uk-bus:AllPreferenceShares 2013-04-30 05780057 uk-gaap:NetGoodwill 2014-04-30 05780057 uk-gaap:NetGoodwill 2013-04-30 05780057 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-04-30 05780057 uk-gaap:IntangibleAssetsOtherThanGoodwill 2013-04-30 05780057 uk-gaap:LandBuildings 2014-04-30 05780057 uk-gaap:LandBuildings 2013-05-01 2014-04-30 05780057 uk-gaap:LandBuildings 2013-04-30 05780057 uk-gaap:PlantMachinery 2014-04-30 05780057 uk-gaap:PlantMachinery 2013-05-01 2014-04-30 05780057 uk-gaap:PlantMachinery 2013-04-30 05780057 uk-gaap:FixturesFittings 2014-04-30 05780057 uk-gaap:FixturesFittings 2013-05-01 2014-04-30 05780057 uk-gaap:FixturesFittings 2013-04-30 05780057 uk-gaap:MotorVehicles 2014-04-30 05780057 uk-gaap:MotorVehicles 2013-05-01 2014-04-30 05780057 uk-gaap:MotorVehicles 2013-04-30 05780057 uk-gaap:OfficeEquipment 2014-04-30 05780057 uk-gaap:OfficeEquipment 2013-05-01 2014-04-30 05780057 uk-gaap:OfficeEquipment 2013-04-30 05780057 uk-bus:RegisteredOffice 2013-05-01 2014-04-30 05780057 uk-gaap:WithinOneYear 2014-04-30 05780057 uk-gaap:WithinOneYear 2013-04-30 05780057 uk-gaap:AfterOneYear 2014-04-30 05780057 uk-gaap:AfterOneYear 2013-04-30 05780057 uk-gaap:BetweenOneFiveYears 2014-04-30 05780057 uk-gaap:BetweenOneFiveYears 2013-04-30 05780057 uk-gaap:MoreThanFiveYears 2014-04-30 05780057 uk-gaap:MoreThanFiveYears 2013-04-30 iso4217:GBP xbrli:pure xbrli:shares

L2S2 LIMITED

Company Registration Number:
05780057 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01st May 2013

End date: 30th April 2014

SUBMITTED

Company Information
for the Period Ended 30th April 2014

Director:		Philip Gaffney
		Jane Aldridge



Company secretary:		Tom Pickthorn



Registered office:		Botanic House
		100 Hills Road

		Cambridge
		England
		CB2 1PH




Company Registration Number:		05780057 (England and Wales)

Abbreviated Balance sheet
As at 30th April 2014

	Notes	2014 £	2013 £
Fixed assets
Intangible assets:	8	4	4
Tangible assets:	9	270,686	261,580
Total fixed assets:		270,690	261,584
Current assets
Debtors:	10	206,702	205,753
Cash at bank and in hand:		225,978	82,822
Total current assets:		432,680	288,575
Creditors
Creditors: amounts falling due within one year	11	297,912	221,169
Net current assets (liabilities):		134,768	67,406
Total assets less current liabilities:		405,458	328,990
Creditors: amounts falling due after more than one year:		-	94,160
Total net assets (liabilities):		405,458	234,830

The notes form part of these financial statements

Abbreviated Balance sheet
As at 30th April 2014
continued

	Notes	2014 £	2013 £
Capital and reserves
Called up share capital:	12	50,000	50,000
Profit and Loss account:		355,458	184,830
Total shareholders funds:		405,458	234,830

For the year ending 30 April 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 20 August 2014

SIGNED ON BEHALF OF THE BOARD BY:

Name: Jane Aldridge
Status: Director

The notes form part of these financial statements

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

1. Accounting policies

Turnover policy

Turnover represents work performed and good supplied in the accounting period

Tangible fixed assets depreciation policy

Depreciation is provided to write off the cost of each asset over its estimated useful life as follows; Freehold land and buildings 0%, Plant and Machinery 25%, Fixtures and Fittings 18% and Motor Vehicles 25% each on a straight line basis

Intangible fixed assets amortisation policy

Intangible assets, shares in subsidiary companies, and held at cost and are not depreciated

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

8. Intangible assets

	Total
Cost	£
At 01st May 2013:	4
	4

Net book value	£
At 30th April 2014:	4
At 30th April 2013:	4

Intangible assets comprises 2 ordinary shares of £1 each in the following 100% owned subsidiary UK registered companies; Leading Light Software Service Limited and L2S2 Medical Limited. Both companies are dormant.

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

9. Tangible assets

	Total
Cost	£
At 01st May 2013:	276,761
Additions:	21,432
Disposals:	11,341
At 30th April 2014:	286,852
Depreciation
At 01st May 2013:	15,181
Charge for year:	6,357
On disposals:	5,372
At 30th April 2014:	16,166
Net book value
At 30th April 2014:	270,686
At 30th April 2013:	261,580

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

10. Debtors

	2014 £	2013 £
Trade debtors:	206,702	205,753
Total:	206,702	205,753

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

11. Creditors: amounts falling due within one year

	2014 £	2013 £
Trade creditors:	78,360	62,635
Taxation and social security:	24,009	45,438
Accruals and deferred income:	29,807	10,000
Other creditors:	165,736	103,096
Total:	297,912	221,169

Other creditors includes; an EU FCH JTI loan (£98,552 - 2013 £103,096 - denominated in Euros) which fell due for repayment in September 2013. Management has submitted a claim and is in discussion with the EU grant issuer regarding the ultimate conclusion of this matter. It also includes a loan from the directors £67,184 (2013 included in creditors due in over one year).

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

12. Called up share capital

Allotted, called up and paid

Previous period			2013
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	50,000	1.00 1.00	50,000
Total share capital:			50,000

Current period			2014
Class	Number of shares	Nominal value per share	Total
Ordinary shares:	50,000	1.00 1.00	50,000
Total share capital:			50,000

Notes to the Abbreviated Accounts
for the Period Ended 30th April 2014

14 . Transactions with directors

The directors, Jane Aldridge and Philip Gaffney were paid interest payments of £5,410 (2013 £12,474 ) in respect of a loan made by them to the Company.

L2S2 LIMITED Accounts filed on 30-04-2014