Company Registration No. 03902912 (England and Wales)
LANCASTER COURT LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 24 MARCH 2015
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 2015
24 March 2015
- 1 -
24 March 2015
31 January 2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
115,679
115,679
Current assets
Debtors
-
15,686
Cash at bank and in hand
150
62,931
150
78,617
Creditors: amounts falling due within one year
(5,829)
(19,273)
Net current (liabilities)/assets
(5,679)
59,344
Total assets less current liabilities
110,000
175,023
Capital and reserves
Called up share capital
3
29
29
Share premium account
109,971
109,971
Other reserves
-
51,665
Profit and loss account
-
13,358
Shareholders' funds
110,000
175,023
For the financial period ended 24 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 for issue on 26 November 2015
Mr J Willis
Director
Company Registration No. 03902912
LANCASTER COURT LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 24 MARCH 2015
- 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 April 2008).
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
Turnover
Turnover represents amounts receivable for service charges .
service charges
.
1.4
Tangible fixed assets and depreciation
No depreciation is provided on freehold land.
2
Fixed assets
Tangible assets
£
Cost
At 1 February 2014 & at 24 March 2015
115,679
Depreciation
At 1 February 2014 & at 24 March 2015
-
Net book value
At 24 March 2015
115,679
At 31 January 2014
115,679
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
29 Ordinary shares of £1 each
29
29