Luckmans Duckett Parker Limited - Abbreviated accounts 16.3

Luckmans Duckett Parker Limited - Abbreviated accounts 16.3


071468251.4.1531.3.1631.3.16Company accountsPrivate Limited CompanyFYtruefalsetruefalsefalsetruefalseOrdinary A1.00000Ordinary B1.00000Ordinary C1.00000Ordinary D1.00000Preference A1.00000iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure071468252015-03-31071468252016-03-31071468252015-04-012016-03-31071468252014-03-31071468252014-04-012015-03-31071468252015-03-3107146825ns12:England2015-04-012016-03-3107146825ns14:PoundSterling2015-04-012016-03-3107146825ns7:Director12015-04-012016-03-3107146825ns7:OrdinaryShareClass12015-04-012016-03-3107146825ns7:OrdinaryShareClass22015-04-012016-03-3107146825ns7:OrdinaryShareClass32015-04-012016-03-3107146825ns7:OrdinaryShareClass42015-04-012016-03-3107146825ns7:OrdinaryShareClass52015-04-012016-03-3107146825ns7:Director22015-04-012016-03-3107146825ns7:Director42015-04-012016-03-3107146825ns7:Director52015-04-012016-03-3107146825ns7:Director62015-04-012016-03-3107146825ns7:RegisteredOffice2015-04-012016-03-3107146825ns7:EntityAccountantsOrAuditors2015-04-012016-03-3107146825ns5:FixturesFittings2015-04-012016-03-3107146825ns5:MotorVehicles2015-04-012016-03-3107146825ns5:ComputerEquipment2015-04-012016-03-3107146825ns7:OrdinaryShareClass12016-03-3107146825ns7:OrdinaryShareClass12015-03-3107146825ns7:OrdinaryShareClass22016-03-3107146825ns7:OrdinaryShareClass22015-03-3107146825ns7:OrdinaryShareClass32016-03-3107146825ns7:OrdinaryShareClass32015-03-3107146825ns7:OrdinaryShareClass42016-03-3107146825ns7:OrdinaryShareClass42015-03-3107146825ns7:OrdinaryShareClass52016-03-3107146825ns7:OrdinaryShareClass52015-03-31
REGISTERED NUMBER: 07146825(England and Wales)




ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

FOR

LUCKMANS DUCKETT PARKER LIMITED

LUCKMANS DUCKETT PARKER LIMITED (REGISTERED NUMBER: 07146825)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the year ended 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

LUCKMANS DUCKETT PARKER LIMITED

COMPANY INFORMATION
for the year ended 31 March 2016







DIRECTORS: S A Twigger
T J Frankton
M D Spafford
A K Rishiraj
N A Waterhouse-Brown





REGISTERED OFFICE: 1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB





REGISTERED NUMBER: 07146825(England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

LUCKMANS DUCKETT PARKER LIMITED (REGISTERED NUMBER: 07146825)

ABBREVIATED BALANCE SHEET
31 March 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 1,260,000 1,350,000
Tangible assets 3 141,817 55,394
1,401,817 1,405,394

CURRENT ASSETS
Stocks 640,897 600,907
Debtors 1,203,522 1,109,166
Cash at bank and in hand 23,152 46,580
1,867,571 1,756,653
CREDITORS
Amounts falling due within one year 1,189,059 1,457,274
NET CURRENT ASSETS 678,512 299,379
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,080,329

1,704,773

CREDITORS
Amounts falling due after more than one
year

(166,203

)

(13,545

)

PROVISIONS FOR LIABILITIES (11,646 ) (5,913 )
NET ASSETS 1,902,480 1,685,315

CAPITAL AND RESERVES
Called up share capital 4 408 400
Profit and loss account 1,902,072 1,684,915
SHAREHOLDERS' FUNDS 1,902,480 1,685,315

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

LUCKMANS DUCKETT PARKER LIMITED (REGISTERED NUMBER: 07146825)

ABBREVIATED BALANCE SHEET - continued
31 March 2016


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 29 December 2016and were signed on
its behalf by:





T J Frankton- Director


LUCKMANS DUCKETT PARKER LIMITED (REGISTERED NUMBER: 07146825)

NOTES TO THE ABBREVIATED ACCOUNTS
for the year ended 31 March 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).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax, except in respect of
service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

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.

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 obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis
over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to the profit and loss account in the period to which they
relate.

LUCKMANS DUCKETT PARKER LIMITED (REGISTERED NUMBER: 07146825)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the year ended 31 March 2016

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015
and 31 March 2016 1,800,000
AMORTISATION
At 1 April 2015 450,000
Amortisation for year 90,000
At 31 March 2016 540,000
NET BOOK VALUE

At 31 March 2016 1,260,000
At 31 March 2015 1,350,000

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 April 2015 151,654
Additions 119,739
At 31 March 2016 271,393
DEPRECIATION
At 1 April 2015 96,260
Charge for year 33,316
At 31 March 2016 129,576
NET BOOK VALUE
At 31 March 2016 141,817
At 31 March 2015 55,394

LUCKMANS DUCKETT PARKER LIMITED (REGISTERED NUMBER: 07146825)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the year ended 31 March 2016

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
16 Ordinary A £1 16 100
NIL Ordinary B £1 - 100
16 Ordinary C £1 16 100
16 Ordinary D £1 16 100
77 Preference A £1 77 -
77 Preference B £1 77 -
77 Preference C £1 77 -
77 Preference D £1 77 -
16 Ordinary E £1 16 -
6 Ordinary F £1 6 -
7 Ordinary G £1 7 -
7 Ordinary H £1 7 -
7 Ordinary I £1 7 -
7 Ordinary J £1 7 -
2 Ordinary K £1 2 -
408 400

The following shares were issued during the year for cash at par :

23 Ordinary E shares of £1
8 Ordinary F shares of £1