Abbreviated Company Accounts - LOLA MYER LIMITED

07866710 LOLA MYER LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 07866710 2013-06-01 2014-05-31 07866710 2014-05-31 07866710 2013-05-31 07866710 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 07866710 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 07866710

LOLA MYER LIMITED

Abbreviated Accounts

31 May 2014

LOLA MYER LIMITED Registered Number 07866710

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		20	20
Fixed assets
Tangible assets	2	417	823
		417	823
Current assets
Stocks		2,000	5,880
Debtors		145	65
Cash at bank and in hand		1,823	1,455
		3,968	7,400
Creditors: amounts falling due within one year		(17,475)	(18,482)
Net current assets (liabilities)		(13,507)	(11,082)
Total assets less current liabilities		(13,070)	(10,239)
Total net assets (liabilities)		(13,070)	(10,239)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(13,170)	(10,339)
Shareholders' funds		(13,070)	(10,239)

For the year ending 31 May 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 1 May 2015

And signed on their behalf by:
R Norman, Director

LOLA MYER LIMITED Registered Number 07866710

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 33% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2013	1,229
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	1,229
Depreciation
At 1 June 2013	406
Charge for the year	406
On disposals	-
At 31 May 2014	812
Net book values
At 31 May 2014	417
At 31 May 2013	823

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100