LATTELICIOUS COFFEE LOUNGE LTD Accounts

LATTELICIOUS COFFEE LOUNGE LTD - Company Information






LATTELICIOUS COFFEE LOUNGE LTD
	Company No. 08807230
		Abbreviated Accounts
		31 December 2015

at	31 December 2015

Company No.		08807230	Notes	2015	2014
				£	£
Fixed assets

	Tangible assets		2	11,945	9,300

				11,945	9,300
Current assets
	Stocks			1,850	2,300


	Cash at bank and in hand			1,315	553
				3,165	2,853
Creditors: Amounts falling due within one year				(5,500)	(4,670)
Net current liabilities				(2,335)	(1,817)
Total assets less current liabilities				9,610	7,483




Net assets				9,610	7,483

Capital and reserves
	Called up share capital		3	10	10



	Profit and loss account			9,600	7,473

Shareholder's funds				9,610	7,483

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

For the year ended 31 December 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 16 September 2016

And signed on its behalf by:

Y. Bokciu
Director
16 September 2016

for the year ended 31 December 2015

Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) ["the FRSSE"].

Turnover

Turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Plant and machinery

25% Straight line

Stocks

Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2	Fixed assets
		Tangible fixed assets	Total
		£	£
	Cost or revaluation
	At 1 January 2015	12,400	12,400
	Additions	7,660	7,660



	At 31 December 2015	20,060	20,060
	Amortisation
	At 1 January 2015	3,100	3,100
	Charge for the year	5,015	5,015



	At 31 December 2015	8,115	8,115
	Net book values
	At 31 December 2015	11,945	11,945
	At 31 December 2014	9,300	9,300

3	Share Capital
		Nominal value	2015	2015	2014
		£	Number	£	£
	Allotted, called up and fully paid:
	Ordinary	1.00	10	10	10




				10	10