Lexstone Limited - Limited company - abbreviated - 11.6
Lexstone Limited - Limited company - abbreviated - 11.6
REGISTERED NUMBER: |
ABBREVIATED UNAUDITED ACCOUNTS |
FOR THE YEAR ENDED 30 JUNE 2014 |
FOR |
LEXSTONE LIMITED |
LEXSTONE LIMITED (REGISTERED NUMBER: 04794367) |
CONTENTS OF THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 JUNE 2014 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
LEXSTONE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30 JUNE 2014 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
LEXSTONE LIMITED (REGISTERED NUMBER: 04794367) |
ABBREVIATED BALANCE SHEET |
30 JUNE 2014 |
2014 | 2013 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
4 |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Revaluation reserve |
Profit and loss account | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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 |
LEXSTONE LIMITED (REGISTERED NUMBER: 04794367) |
NOTES TO THE ABBREVIATED ACCOUNTS |
FOR THE YEAR ENDED 30 JUNE 2014 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention as modified by the revaluation |
of certain assets and in accordance with the Financial Reporting Standard for Smaller Entities (effective April |
2008). |
Turnover |
Turnover represents rents receivable. |
Tangible fixed assets |
Fixtures, fittings and equipment - 20% on cost |
Investment property |
Investment property is shown at current open market value. Any aggregate surplus or deficit arising from |
changes in market value is transferred to a revaluation reserve. |
In accordance with the Financial Reporting Standard for Smaller Entities, no description is provided in respect of |
freehold or long leasehold investment properties. This is a departure from the Companies Act 2006, which |
requires all properties to be depreciated. Such properties are not held for consumption, but for investment, and |
the director considers that to depreciate them would not give a true and fair view. The director considers that this |
policy results in the accounts giving a true and fair view. |
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 July 2013 |
and 30 June 2014 |
DEPRECIATION |
At 1 July 2013 |
Charge for year |
At 30 June 2014 |
NET BOOK VALUE |
At 30 June 2014 |
At 30 June 2013 |
LEXSTONE LIMITED (REGISTERED NUMBER: 04794367) |
NOTES TO THE ABBREVIATED ACCOUNTS - continued |
FOR THE YEAR ENDED 30 JUNE 2014 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST OR VALUATION |
At 1 July 2013 |
Revaluations |
At 30 June 2014 |
NET BOOK VALUE |
At 30 June 2014 |
At 30 June 2013 |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2014 | 2013 |
value: | £ | £ |
Ordinary | £ 1 |