Company Registration No. 06353579 (England and Wales)
LONDON & CALEDONIAN PENSIONS LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2015
LONDON & CALEDONIAN PENSIONS LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
LONDON & CALEDONIAN PENSIONS LIMITED
ABBREVIATED BALANCE SHEET
AS AT
31 AUGUST 2015
31 August 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,139
741
Current assets
Debtors
22,773
24,676
Cash at bank and in hand
28,721
44,694
51,494
69,370
Creditors: amounts falling due within one year
(26,673)
(48,226)
Net current assets
24,821
21,144
Total assets less current liabilities
25,960
21,885
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
25,860
21,785
Shareholders' funds
25,960
21,885
For the financial year ended 31 August 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges her 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 10 February 2016
C Brightwell
Director
Company Registration No. 06353579
LONDON & CALEDONIAN PENSIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 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 (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for providing pension consultancy services net of VAT.
1.4
Tangible fixed assets and depreciation
Tangible fixed assets 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:
Fixtures, fittings & equipment
25% Straight Line
1.5
Pensions
The company operates a defined contribution pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund.
2
Fixed assets
Tangible assets
£
Cost
At 1 September 2014
2,917
Additions
1,518
Disposals
(1,544)
At 31 August 2015
2,891
Depreciation
At 1 September 2014
2,176
On disposals
(1,029)
Charge for the year
605
At 31 August 2015
1,752
Net book value
At 31 August 2015
1,139
At 31 August 2014
741
LONDON & CALEDONIAN PENSIONS LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary Shares of £1 each
100
100