Lesters of Redditch Limited - Limited company - abbreviated - 11.6
Lesters of Redditch Limited - Limited company - abbreviated - 11.6
| REGISTERED NUMBER: |
| LESTERS OF REDDITCH LIMITED |
| ABBREVIATED UNAUDITED ACCOUNTS |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| LESTERS OF REDDITCH LIMITED (REGISTERED NUMBER: 04685544) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 | to | 4 |
| Chartered Accountants' Report | 5 |
| LESTERS OF REDDITCH LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| BANKERS: |
| LESTERS OF REDDITCH LIMITED (REGISTERED NUMBER: 04685544) |
| ABBREVIATED BALANCE SHEET |
| 30TH APRIL 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director on |
| LESTERS OF REDDITCH LIMITED (REGISTERED NUMBER: 04685544) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax. |
| Goodwill |
| Goodwill, being the amounts paid in connection with the acquisition of businesses in 2003 and 2004, are being |
| amortised evenly over the estimated useful lives of twenty and ten years respectively. |
| Tangible fixed assets |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow |
| moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
| period of the lease. |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2013 |
| and 30th April 2014 |
| AMORTISATION |
| At 1st May 2013 |
| Amortisation for year |
| At 30th April 2014 |
| NET BOOK VALUE |
| At 30th April 2014 |
| At 30th April 2013 |
| LESTERS OF REDDITCH LIMITED (REGISTERED NUMBER: 04685544) |
| NOTES TO THE ABBREVIATED ACCOUNTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1st May 2013 |
| Additions |
| At 30th April 2014 |
| DEPRECIATION |
| At 1st May 2013 |
| Charge for year |
| At 30th April 2014 |
| NET BOOK VALUE |
| At 30th April 2014 |
| At 30th April 2013 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary A | £1 |
| Ordinary B | £1 |
| 2 | 2 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 30th April 2014 and |
| 30th April 2013: |
| 2014 | 2013 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Balance outstanding at end of year |
| The directors' loan accounts were repaid within 9 months of the year end. |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| LESTERS OF REDDITCH LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual |
| unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) |
| have been prepared. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Lesters of Redditch Limited for the year ended 30th April 2014 which comprise the Profit and |
| Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and |
| explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject |
| to its ethical and other professional requirements which are detailed at icaew.com/membershandbook. |
| This report is made solely to the director of Lesters of Redditch Limited in accordance with our terms of engagement. |
| Our work has been undertaken solely to prepare for your approval the financial statements of Lesters of Redditch |
| Limited and state those matters that we have agreed to state to the director of Lesters of Redditch Limited in this report |
| in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not |
| accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
| It is your duty to ensure that Lesters of Redditch Limited has kept adequate accounting records and to prepare statutory |
| financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Lesters of |
| Redditch Limited. You consider that Lesters of Redditch Limited is exempt from the statutory audit requirement for the |
| year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Lesters of Redditch Limited. |
| For this reason, we have not verified the accuracy or completeness of the accounting records or information and |
| explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| 14th January 2015 |