Luxmore Limited - Abbreviated accounts 16.1
Luxmore Limited - Abbreviated accounts 16.1
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts |
for the Period 1 April 2015 to 30 April 2016 |
for |
Luxmore Limited |
Luxmore Limited (Registered number: 01435210) |
Contents of the Abbreviated Accounts |
for the Period 1 April 2015 to 30 April 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 3 |
Chartered Certified Accountants' Report | 5 |
Luxmore Limited |
Company Information |
for the Period 1 April 2015 to 30 April 2016 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Luxmore Limited (Registered number: 01435210) |
Abbreviated Balance Sheet |
30 April 2016 |
30.4.16 | 31.3.15 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 2 |
Investment property | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Revaluation reserve |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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 financial statements were approved by the director on |
Luxmore Limited (Registered number: 01435210) |
Notes to the Abbreviated Accounts |
for the Period 1 April 2015 to 30 April 2016 |
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 January 2015). |
Tangible fixed assets |
Fixtures and fittings | - |
Office equipment | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market |
value is transferred to a revaluation reserve. |
In accordance with the financial reporting standard for smaller entities (effective April 2008), the investment properties are |
not depreciated but are included in the accounts at open market value. This treatment is not in accordance with the |
Companies Act 2006 which requires tangible fixed assets to be depreciated. The departure from the Companies Act 2006 |
is made in order to give a true and fair view because the properties involved are investments, they are not held for |
consumption in business operations. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet |
date. |
2. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 April 2015 |
Disposals | ( |
) |
At 30 April 2016 |
DEPRECIATION |
At 1 April 2015 |
Eliminated on disposal | ( |
) |
At 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 31 March 2015 |
Luxmore Limited (Registered number: 01435210) |
Notes to the Abbreviated Accounts - continued |
for the Period 1 April 2015 to 30 April 2016 |
3. | INVESTMENT PROPERTY |
Total |
£ |
COST |
At 1 April 2015 |
Disposals | ( |
) |
At 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 31 March 2015 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.16 | 31.3.15 |
value: | £ | £ |
Ordinary | £1 |
5. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 30 April 2016 and the year ended |
31 March 2015: |
30.4.16 | 31.3.15 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) |
Balance outstanding at end of period |
Chartered Certified Accountants' Report to the Director |
on the Unaudited Financial Statements of |
Luxmore Limited |
The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited |
financial statements, from which the unaudited abbreviated accounts (set out on pages two to four) 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 Luxmore Limited for the period ended 30 April 2016 which comprise the Profit and Loss Account, the Balance |
Sheet, and the related notes from the company's accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
This report is made solely to the director of Luxmore Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Luxmore Limited and state those matters that we have agreed to state to the director of Luxmore Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report. |
It is your duty to ensure that Luxmore 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 loss of Luxmore Limited. You consider that Luxmore Limited is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Luxmore 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. |
Chartered Certified Accountants |
12 July 2016 |