Lucky Stuff Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07555774 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2014

for

Lucky Stuff Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr I S Hand

Ms Y Wu

REGISTERED OFFICE:

Unit 18 Elmsett Airfield

Elmsett

Ipswich

Suffolk

IP7 6LN

REGISTERED NUMBER:

07555774 (England and Wales)

ACCOUNTANTS:

Emsdens Limited

10 Ladbrook Close

Elmsett

Ipswich

Suffolk

IP7 6LD

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three 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 Lucky Stuff Limited for the year ended 31 May 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 Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Lucky Stuff Limited, as a body, in accordance with the terms of

our engagement letter dated 21 February 2014. Our work has been undertaken solely to prepare for your approval the

financial statements of Lucky Stuff Limited and state those matters that we have agreed to state to the Board of

Directors of Lucky Stuff Limited, as a body, in this report in accordance with the requirements of the Association of

Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted

by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a

body, for our work or for this report.

It is your duty to ensure that Lucky Stuff 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 Lucky Stuff Limited. You

consider that Lucky Stuff 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 Lucky Stuff 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.

Emsdens Limited

10 Ladbrook Close

Elmsett

Ipswich

Suffolk

IP7 6LD

10 February 2015

FIXED ASSETS

Tangible assets

2

58,529

54,308

CURRENT ASSETS

Debtors

22,502

53,343

Cash at bank

87,027

72,930

109,529

126,273

CREDITORS

Amounts falling due within one year

116,005

141,838

NET CURRENT LIABILITIES

(6,476

)

(15,565

)

TOTAL ASSETS LESS CURRENT LIABILITIES

52,053

38,743

PROVISIONS FOR LIABILITIES

6,888

4,986

NET ASSETS

45,165

33,757

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

45,164

33,756

SHAREHOLDERS' FUNDS

45,165

33,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 February 2015 and were signed on its behalf by:

Mr I S Hand - Director

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, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 June 2013

64,554

Additions

17,562

Disposals

(2,995

)

At 31 May 2014

79,121

DEPRECIATION

At 1 June 2013

10,246

Charge for year

11,656

Eliminated on disposal

(1,310

)

At 31 May 2014

20,592

NET BOOK VALUE

At 31 May 2014

58,529

At 31 May 2013

54,308

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.14

31.5.13

value:

£

£

1

Ordinary

1

1

1