LGT Engineering Support Limited - Accounts to registrar (filleted) - small 18.2

LGT Engineering Support Limited - Accounts to registrar (filleted) - small 18.2

LGT ENGINEERING SUPPORT LIMITED - Company Information

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REGISTERED NUMBER: 07412984 (England and Wales)


















































Financial Statements

for the Year Ended 31 October 2018

for

LGT Engineering Support Limited
LGT Engineering Support Limited (Registered number: 07412984)






Contents of the Financial Statements
for the Year Ended 31 October 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LGT Engineering Support Limited

Company Information
for the Year Ended 31 October 2018







DIRECTOR: L G Thomas





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 07412984 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
Page 1
LGT Engineering Support Limited (Registered number: 07412984)

Balance Sheet
31 October 2018

31.10.18 31.10.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 694 937

CURRENT ASSETS
Debtors 5 3,297 6,678
Cash at bank 76,430 102,503
79,727 109,181
CREDITORS
Amounts falling due within one year 6 21,959 50,675
NET CURRENT ASSETS 57,768 58,506
TOTAL ASSETS LESS CURRENT
LIABILITIES
58,462
59,443

PROVISIONS FOR LIABILITIES 132 178
NET ASSETS 58,330 59,265

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 58,230 59,165
SHAREHOLDERS' FUNDS 58,330 59,265

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2018 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 notes form part of these financial statements

Page 2 continued...
LGT Engineering Support Limited (Registered number: 07412984)

Balance Sheet - continued
31 October 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 10 January 2019 and were signed by:





L G Thomas - Director


The notes form part of these financial statements

Page 3
LGT Engineering Support Limited (Registered number: 07412984)

Notes to the Financial Statements
for the Year Ended 31 October 2018

1. STATUTORY INFORMATION

LGT Engineering Support Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company Information
page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

Page 4 continued...
LGT Engineering Support Limited (Registered number: 07412984)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2017
and 31 October 2018 1,545
DEPRECIATION
At 1 November 2017 608
Charge for year 243
At 31 October 2018 851
NET BOOK VALUE
At 31 October 2018 694
At 31 October 2017 937

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Trade debtors 3,297 -
Other debtors - 6,678
3,297 6,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.18 31.10.17
£    £   
Other creditors 21,959 50,675

Page 5