Landring Limited - Limited company - abbreviated - 11.6

Landring Limited - Limited company - abbreviated - 11.6


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REGISTERED NUMBER: 01993261 (England and Wales)











Abbreviated Accounts

for the Year Ended 31 March 2015

for

Landring Limited

Landring Limited (Registered number: 01993261)

Contents of the Abbreviated Accounts
for the year ended 31 March 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Landring Limited

Company Information
for the year ended 31 March 2015







DIRECTOR: M Green





SECRETARY: Ms A Green





REGISTERED OFFICE: 10 East End Road
London
N3 3QT





REGISTERED NUMBER: 01993261 (England and Wales)





ACCOUNTANTS: Lucraft Hodgson & Dawes LLP
Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF

Landring Limited (Registered number: 01993261)

Abbreviated Balance Sheet
31 March 2015

31.3.15 31.3.14
Notes £    £    £    £   
FIXED ASSETS
Investment property 2 300,000 300,000

CURRENT ASSETS
Cash at bank 64 198

CREDITORS
Amounts falling due within one year 21,556 4,549
NET CURRENT LIABILITIES (21,492 ) (4,351 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

278,508

295,649

CAPITAL AND RESERVES
Called up share capital 3 100 100
Revaluation reserve 229,000 229,000
Profit and loss account 49,408 66,549
SHAREHOLDERS' FUNDS 278,508 295,649

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 8 September 2015 and were signed by:





M Green - Director


Landring Limited (Registered number: 01993261)

Notes to the Abbreviated Accounts
for the year ended 31 March 2015


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 during the period.

Investment property
In accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), no depreciation is
provided in respect of freehold properties which are classified as investment properties. This is a departure from the
general requirement of the Companies Act 2006 which requires all properties to be depreciated. Such properties are
not held for consumption but for investment and the directors consider that to depreciate them would not give a true
and fair view.

Taxation
Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of
income and expenditure in taxation computations in periods different from those in which they are included in the
financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will be
recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences can
be deducted.

2. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 April 2014
and 31 March 2015 300,000
NET BOOK VALUE
At 31 March 2015 300,000
At 31 March 2014 300,000

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.15 31.3.14
value: £    £   
100 Ordinary £1 100 100