Company Registration No. 03902912 (England and Wales)
LANCASTER COURT LIMITED
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 24 MARCH 2016
LANCASTER COURT LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
LANCASTER COURT LIMITED
ABBREVIATED BALANCE SHEET
AS AT
24 MARCH 2016
24 March 2016
- 1 -
2016
2015
Notes
£
£
Fixed assets
Tangible assets
2
115,679
115,679
Current assets
Cash at bank and in hand
150
150
Creditors: amounts falling due within one year
(5,829)
(5,829)
Net current liabilities
(5,679)
(5,679)
Total assets less current liabilities
110,000
110,000
Capital and reserves
Called up share capital
3
29
29
Share premium account
109,971
109,971
Shareholders' funds
110,000
110,000
Audit exemption statement
For the financial year ended 24 March 2016 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 12 September 2016
Mr J Willis
Director
Company Registration No. 03902912
LANCASTER COURT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 24 MARCH 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.
1.3
Tangible fixed assets and depreciation
No depreciation is provided on freehold land.
2
Fixed assets
Tangible assets
£
Cost
At 25 March 2015 & at 24 March 2016
115,679
Depreciation
At 25 March 2015 & at 24 March 2016
-
Net book value
At 24 March 2016
115,679
At 24 March 2015
115,679
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
29 Ordinary shares of £1 each
29
29