Lomaxhallsco Ltd - Period Ending 2014-04-30

Registration number: 08020248

Lomaxhallsco Ltd

Unaudited Abbreviated Accounts

for the Year Ended 30 April 2014
 

Stubbs Parkin Limited
Chartered Accountants
18a London Street
Southport
Merseyside
PR9 0UE

Lomaxhallsco Ltd
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2

Lomaxhallsco Ltd
(Registration number: 08020248)
Abbreviated Balance Sheet at 30 April 2014

		Note			30 April 2014 £						30 April 2013 £
	£			£			£			£
Current assets
Stocks								5,554,271						2,616,241
Debtors								988,199						2,977,145
Cash at bank and in hand								6,753						2,340
								6,549,223						5,595,726
Creditors: Amounts falling due within one year								(6,549,222)						(5,595,725)
Net assets								1						1
Capital and reserves
Called up share capital		2						1						1

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 .

Approved by the Board on 30 January 2015 and signed on its behalf by:

.........................................
Mr K Tomlinson
Director

The notes on page 2 form an integral part of these financial statements.
Page 1

Lomaxhallsco Ltd
Notes to the Abbreviated Accounts for the Year Ended 30 April 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Work in progress

Work in progress is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2	Share capital

Allotted, called up and fully paid shares

	30 April 2014						30 April 2013
		No.			£			No.			£
Ordinary Shares of £1 each		1			1			1			1

Page 2