Lord Associates T & B C Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 06290078 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

1 OCTOBER 2013 TO 26 FEBRUARY 2015

FOR

LORD ASSOCIATES TAXATION

& BUSINESS CONSULTANTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mr. N J R Lord

Mr S Byrne

REGISTERED OFFICE:

Caxton House

Old Station Road

Loughton

Essex

IG10 4PE

REGISTERED NUMBER:

06290078 (England and Wales)

CALLED UP SHARE CAPITAL NOT PAID

21

FIXED ASSETS

Intangible assets

2

80,469

89,500

80,490

89,521

CURRENT ASSETS

Debtors

325,470

417,591

Cash in hand

200

-

325,670

417,591

CREDITORS

Amounts falling due within one year

258,358

216,890

NET CURRENT ASSETS

67,312

200,701

TOTAL ASSETS LESS CURRENT
LIABILITIES

147,802

290,222

CREDITORS

Amounts falling due after more than one
year

(37,106

)

(53,551

)

ACCRUALS AND DEFERRED INCOME

(46,634

)

(46,634

)

NET ASSETS

64,062

190,037

CAPITAL AND RESERVES

Called up share capital

3

190,021

Profit and loss account

(125,959

)

16

SHAREHOLDERS' FUNDS

64,062

190,037

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 February 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 February 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 24 May 2016 and were signed on its behalf by:

Mr. N J R Lord - 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

and 26 February 2015

127,500

AMORTISATION

At 1 October 2013

38,000

Amortisation for period

9,031

At 26 February 2015

47,031

NET BOOK VALUE

At 26 February 2015

80,469

At 30 September 2013

89,500

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

26.2.15

30.9.13

value:

£

190,000

Redeemable preference

1

190,000

Allotted and issued:

Number:

Class:

Nominal

26.2.15

30.9.13

value:

£

445,500

Ordinary shares

0.001

21