Company Registration No. 04395228 (England and Wales)
52 LEMAN STREET MANAGEMENT COMPANY LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2015
52 LEMAN STREET MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
52 LEMAN STREET MANAGEMENT COMPANY LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 DECEMBER 2015
31 December 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
8,364
8,364
Current assets
Debtors
1,113
15
Cash at bank and in hand
11,172
14,889
12,285
14,904
Creditors: amounts falling due within one year
(402)
(287)
Net current assets
11,883
14,617
Total assets less current liabilities
20,247
22,981
Capital and reserves
Called up share capital
3
5
5
Share premium account
4,999
4,999
Profit and loss account
15,243
17,977
Shareholders' funds
20,247
22,981
For the financial year ended 31 December 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 year 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 13 May 2016
Mr R Kahn
Director
Company Registration No. 04395228
52 LEMAN STREET MANAGEMENT COMPANY LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 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 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 (except as otherwise stated).
1.3
Tangible fixed assets and depreciation
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Land and buildings Freehold
n/a Land only
2
Fixed assets
Tangible assets
£
Cost
At 1 January 2015 & at 31 December 2015
8,364
At 31 December 2014
8,364
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
5 Ordinary Shares of £1 each
5
5