LSP Leadership Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04455564 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2015

FOR

LSP LEADERSHIP LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S C Bailey BA Hons, MBA

SECRETARY:

A Noble

REGISTERED OFFICE:

The Wokingham Business Centre

The Courthouse, ERFTSTADT Court

Denmark Street

Wokingham

Berkshire

RG40 2AY

REGISTERED NUMBER:

04455564 (England and Wales)

ACCOUNTANTS:

Centora Ltd

Jury Farm

Ripley Lane

West Horsley

Surrey

KT24 6JT

CURRENT ASSETS

Debtors

109,373

97,499

Cash at bank and in hand

224,632

157,731

334,005

255,230

CREDITORS

Amounts falling due within one year

178,767

166,064

NET CURRENT ASSETS

155,238

89,166

TOTAL ASSETS LESS CURRENT LIABILITIES

155,238

89,166

CREDITORS

Amounts falling due after more than one year

-

1,129

NET ASSETS

155,238

88,037

CAPITAL AND RESERVES

Called up share capital

3

204

204

Revaluation reserve

-

79

Profit and loss account

155,034

87,754

SHAREHOLDERS' FUNDS

155,238

88,037

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 2 October 2015 and were signed by:

S C Bailey BA Hons, MBA - 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).

Turnover

Turnover represents net invoiced sales of goods, 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

-

33% on cost and 20% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

15,751

DEPRECIATION

At 1 April 2014

and 31 March 2015

15,751

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

90

Ordinary shares

£1

90

90

40

Ordinary A Class shares

£1

40

40

74

Ordinary B Class shares

£1

74

74

204

204