LIAM WALSH LTD - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06925609 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 July 2014 to 14 November 2014

for

LIAM WALSH LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

to

4

DIRECTOR:

Mr Liam Walsh

REGISTERED OFFICE:

Ground Floor

1 John Spencer Square

London

N1 2LZ

REGISTERED NUMBER:

06925609 (England and Wales)

ACCOUNTANTS:

Golder Baqa

Chartered Tax Advisers & Accountants

Ground Floor

1 Baker's Row

London

EC1R 3DB

FIXED ASSETS

Tangible assets

2

2,958

2,603

CURRENT ASSETS

Debtors

18,980

10,639

Cash at bank

8,095

-

27,075

10,639

CREDITORS

Amounts falling due within one year

16,838

12,242

NET CURRENT ASSETS/(LIABILITIES)

10,237

(1,603

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,195

1,000

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

12,195

-

SHAREHOLDERS' FUNDS

13,195

1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 14 November 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 14 November 2014 in accordance with Section 476 of the Companies Act 2006.

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 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 director on 29 July 2015 and were signed by:

Mr Liam Walsh - 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).

Exemption from preparing a cash flow statement

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from

the requirement to prepare such a statement under Financial Reporting Standard 1 Cash Flow Statements/Financial

Reporting Standard for Smaller Entities(effective April 2008).

Turnover

Turnover represents net invoiced sales of services, 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.

Plant and machinery etc

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2014

5,899

Additions

699

At 14 November 2014

6,598

DEPRECIATION

At 1 July 2014

3,296

Charge for period

344

At 14 November 2014

3,640

NET BOOK VALUE

At 14 November 2014

2,958

At 30 June 2014

2,603

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

14.11.14

30.6.14

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 14 November 2014 and the year

ended 30 June 2014:

14.11.14

30.6.14

£

£

Mr Liam Walsh

Balance outstanding at start of period

7,474

5,323

Amounts advanced

8,101

2,151

Amounts repaid

-

-

Balance outstanding at end of period

15,575

7,474

LOAN TO DIRECTOR

During the year, the company provided a loan in the sum of £15,575 (30.06.2014: £7,474) to Mr Liam Walsh, the

sole director of the company.