Abbreviated Company Accounts - LIVING PROJECTS LIMITED

LIVING PROJECTS LIMITED - Company Information

06827239 LIVING PROJECTS LIMITED 2015-03-31 false 2014-04-01 2015-03-31 true 06827239 2014-04-01 2015-03-31 06827239 2015-03-31 06827239 2014-03-31 06827239 uk-gaap-cd-bus:Director1 2014-04-01 2015-03-31 06827239 uk-gaap-cd-bus:Director2 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-04-01 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 iso4217:GBP shares

Registered Number 06827239

LIVING PROJECTS LIMITED

Abbreviated Accounts

31 March 2015

LIVING PROJECTS LIMITED Registered Number 06827239

Abbreviated Balance Sheet as at 31 March 2015

	Notes	2015	2014
		£	£
Fixed assets
Intangible assets	2	8,000	10,000
Tangible assets	3	2,500	2,500
		10,500	12,500
Current assets
Debtors		3,350	-
Cash at bank and in hand		53,071	42,295
		56,421	42,295
Creditors: amounts falling due within one year		(19,781)	(24,655)
Net current assets (liabilities)		36,640	17,640
Total assets less current liabilities		47,140	30,140
Total net assets (liabilities)		47,140	30,140
Capital and reserves
Called up share capital	4	1	1
Profit and loss account		47,139	30,139
Shareholders' funds		47,140	30,140

For the year ending 31 March 2015 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 14 July 2015

And signed on their behalf by:
Richard Mullane, Director

LIVING PROJECTS LIMITED Registered Number 06827239

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

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 January 2015.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Intangible assets amortisation policy
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.

Other accounting policies
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2Intangible fixed assets

	£
Cost
At 1 April 2014	10,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	10,000
Amortisation
At 1 April 2014	-
Charge for the year	2,000
On disposals	-
At 31 March 2015	2,000
Net book values
At 31 March 2015	8,000
At 31 March 2014	10,000

3Tangible fixed assets

	£
Cost
At 1 April 2014	2,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2015	2,500
Depreciation
At 1 April 2014	-
Charge for the year	-
On disposals	-
At 31 March 2015	-
Net book values
At 31 March 2015	2,500
At 31 March 2014	2,500

The Tangible Assets are the Film Library, shown at the Director's valuation.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1 Ordinary shares of £1 each	1	1