LEVDERT_LIMITED - Accounts

LEVDERT LIMITED - Company Information

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Company Registration No. SC115567 (Scotland)

LEVDERT LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2016

LEVDERT LIMITED

CONTENTS

Page

Accountants' report

Abbreviated balance sheet

Notes to the abbreviated accounts

3 - 4

LEVDERT LIMITED

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LEVDERT LIMITED FOR THE YEAR ENDED 31 MARCH 2016

- 1 -

The following reproduces the text of the Accountants' Report prepared in respect of the company's annual unaudited financial statements, from which the unaudited abbreviated financial statements set out on pages 2 to 4 have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Levdert Limited for the year ended 31 March 2016 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at icaew.com/regulations.

This report is made solely to the Board of Directors of Levdert Limited, as a body, in accordance with the terms of our engagement letter dated 19 June 2009. Our work has been undertaken solely to prepare for your approval the financial statements of Levdert Limited and state those matters that we have agreed to state to the Board of Directors of Levdert Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Levdert Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Levdert Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Levdert Limited. You consider that Levdert Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Levdert Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CC Young & Co Limited

Chartered Accountants

53-64 Chancery Lane

London

WC2A 1QS

9 June 2016

LEVDERT LIMITED

ABBREVIATED BALANCE SHEET

AS AT 31 MARCH 2016

- 2 -

2016

2015

Notes

Fixed assets

Tangible assets

Current assets

Debtors

1,276

15,713

Cash at bank and in hand

14,690

107,208

15,966

122,921

Creditors: amounts falling due within one year

(3,693)

(46,418)

Net current assets

12,273

76,503

Total assets less current liabilities

12,312

76,555

Capital and reserves

Called up share capital

100

Profit and loss account

12,212

76,455

Shareholder's funds

12,312

76,555

For the financial year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 9 June 2016

Mr Mark McLachlan

Director

Company Registration No. SC115567

LEVDERT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents amounts receivable for goods and services net of VAT.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Fixtures, fittings & equipment

25% reducing balance

Fixed assets

Tangible assets

Cost

At 1 April 2015 & at 31 March 2016

4,098

Depreciation

At 1 April 2015

4,046

Charge for the year

At 31 March 2016

4,059

Net book value

At 31 March 2016

At 31 March 2015

Share capital

2016

2015

Allotted, called up and fully paid

100 ordinary shares of £1 each

100

LEVDERT LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2016

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Transactions with directors

As at 31 March 2016 the amount owed by Mark McLachlan to the company was £1,061 (2015: £713).