Abbreviated Company Accounts - SHARES LANCASHIRE

Abbreviated Company Accounts - SHARES LANCASHIRE

SHARES LANCASHIRE - Company Information

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Registered Number 07134983

SHARES LANCASHIRE

Abbreviated Accounts

31 August 2016

SHARES LANCASHIRE Registered Number 07134983

Abbreviated Balance Sheet as at 31 August 2016

Notes 2016 2015
£ £
Fixed assets
Intangible assets 3 1 1
Tangible assets 4 7,035 6,812
7,036 6,813
Current assets
Debtors 143,063 176,195
Cash at bank and in hand 122,024 119,476
265,087 295,671
Creditors: amounts falling due within one year (12,531) (45,545)
Net current assets (liabilities) 252,556 250,126
Total assets less current liabilities 259,592 256,939
Total net assets (liabilities) 259,592 256,939
Reserves
Income and expenditure account 259,592 256,939
Members' funds 259,592 256,939
  • For the year ending 31 August 2016 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 Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 November 2016

And signed on their behalf by:
M Beale, Director
M Millar, Director

SHARES LANCASHIRE Registered Number 07134983

Notes to the Abbreviated Accounts for the period ended 31 August 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

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

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Intangible fixed assets
£
Cost
At 1 September 2015 1,010
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2016 1,010
Amortisation
At 1 September 2015 1,009
Charge for the year -
On disposals -
At 31 August 2016 1,009
Net book values
At 31 August 2016 1
At 31 August 2015 1
4Tangible fixed assets
£
Cost
At 1 September 2015 12,095
Additions 6,782
Disposals -
Revaluations -
Transfers -
At 31 August 2016 18,877
Depreciation
At 1 September 2015 5,283
Charge for the year 6,559
On disposals -
At 31 August 2016 11,842
Net book values
At 31 August 2016 7,035
At 31 August 2015 6,812