LC Capital Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 08044750 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

LC CAPITAL LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

E Castle

SECRETARY:

REGISTERED OFFICE:

Cambridge House

27 Cambridge Park

Wanstead

London

E11 2PU

REGISTERED NUMBER:

08044750 (England and Wales)

ACCOUNTANTS:

Tish Press & Company

Cambridge House

27 Cambridge Park

Wanstead

London

E11 2PU

FIXED ASSETS

Tangible assets

2

-

100

CURRENT ASSETS

Stocks

561,454

-

Debtors

47,370

1,800

Cash at bank

1,718

60,323

610,542

62,123

CREDITORS

Amounts falling due within one year

556,052

19,349

NET CURRENT ASSETS

54,490

42,774

TOTAL ASSETS LESS CURRENT
LIABILITIES

54,490

42,874

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

54,390

42,774

SHAREHOLDERS' FUNDS

54,490

42,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 23 January 2017 and were signed by:

E Castle - 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).

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

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 May 2015

and 30 April 2016

403

DEPRECIATION

At 1 May 2015

303

Charge for year

100

At 30 April 2016

403

NET BOOK VALUE

At 30 April 2016

-

At 30 April 2015

100

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

100

Ordinary

1

100