Abbreviated Company Accounts - LYONS COMMUNICATIONS LTD

Abbreviated Company Accounts - LYONS COMMUNICATIONS LTD


Registered Number 08141774

LYONS COMMUNICATIONS LTD

Abbreviated Accounts

31 July 2014

LYONS COMMUNICATIONS LTD Registered Number 08141774

Abbreviated Balance Sheet as at 31 July 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 5,964 7,307
5,964 7,307
Current assets
Debtors - 971
Cash at bank and in hand 27,054 19,273
27,054 20,244
Creditors: amounts falling due within one year (26,596) (21,635)
Net current assets (liabilities) 458 (1,391)
Total assets less current liabilities 6,422 5,916
Total net assets (liabilities) 6,422 5,916
Capital and reserves
Called up share capital 3 100 100
Profit and loss account 6,322 5,816
Shareholders' funds 6,422 5,916
  • For the year ending 31 July 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 22 January 2015

And signed on their behalf by:
JM Lyons, Director

LYONS COMMUNICATIONS LTD Registered Number 08141774

Notes to the Abbreviated Accounts for the period ended 31 July 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 amounts chargeable, net of VAT, in respect of the sales of goods and services to customers during the year.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic lives at the following rates:
Office equipment – 25% per annum straight line

2Tangible fixed assets
£
Cost
At 1 August 2013 9,742
Additions 1,457
Disposals -
Revaluations -
Transfers -
At 31 July 2014 11,199
Depreciation
At 1 August 2013 2,435
Charge for the year 2,800
On disposals -
At 31 July 2014 5,235
Net book values
At 31 July 2014 5,964
At 31 July 2013 7,307
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
60 A Ordinary shares of £1 each 60 60
20 B Ordinary shares of £1 each 20 20
20 C Ordinary shares of £1 each 20 20