Levison Meltzer Pigott Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 03486636 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31st March 2016

for

LEVISON MELTZER PIGOTT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J Levison

S Pigott

A Hayes

N Fletcher

SECRETARY:

S Pigott

REGISTERED OFFICE:

New Penderel House

2nd Floor

283-288 High Holborn

London

WC1V 7HP

REGISTERED NUMBER:

03486636 (England and Wales)

ACCOUNTANTS:

Munslows LLP

Chartered Certified Accountants

2nd Floor

New Penderel House

283-288 High Holborn

London

WC1V 7HP

FIXED ASSETS

Tangible assets

2

16,168

20,210

CURRENT ASSETS

Debtors

-

747

Cash at bank

11,225

12,916

11,225

13,663

CREDITORS

Amounts falling due within one year

17,672

23,652

NET CURRENT LIABILITIES

(6,447

)

(9,989

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,721

10,221

CAPITAL AND RESERVES

Called up share capital

3

1,800

1,350

Profit and loss account

7,921

8,871

SHAREHOLDERS' FUNDS

9,721

10,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 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 9th November 2016 and were signed on its behalf by:

S Pigott - 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 January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Hire purchase and leasing commitments

Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair

value and depreciated over their expected useful lives. The interest element of leasing payments represents a

constant proportion of the capital balance outstanding and is charged to the profit and loss account over the

period of the lease.

All other leases are regarded as operating leases and the payments made under them are charged to the profit

and loss account on a straight line basis over the lease term.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

260,874

DEPRECIATION

At 1st April 2015

240,664

Charge for year

4,042

At 31st March 2016

244,706

NET BOOK VALUE

At 31st March 2016

16,168

At 31st March 2015

20,210

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

£

1,800

Ordinary

£1

1,800

1,350

(2015 - 1,350 )

450 Ordinary shares of £1 each were allotted and fully paid for cash at par during the year.