Lighthouse Coaching and Training Limited - Abbreviated accounts

LIGHTHOUSE COACHING AND TRAINING LIMITED - Company Information

Registered number

04511213

Lighthouse Coaching and Training Limited

Abbreviated Accounts

31 August 2016

Lighthouse Coaching and Training Limited

Report to the director on the preparation of the unaudited abbreviated accounts of Lighthouse Coaching and Training Limited for the year ended 31 August 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Lighthouse Coaching and Training Limited for the year ended 31 August 2016 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/
This report is made solely to the Board of Directors of Lighthouse Coaching and Training Limited, as a body, in accordance with the terms of our engagement letter dated 25 July 2006. Our work has been undertaken solely to prepare for your approval the accounts of Lighthouse Coaching and Training Limited and state those matters that we have agreed to state to the Board of Directors of Lighthouse Coaching and Training Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lighthouse Coaching and Training Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lighthouse Coaching and Training Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lighthouse Coaching and Training Limited. You consider that Lighthouse Coaching and Training Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Lighthouse Coaching and Training Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.

Steven R Francis & Co Limited
Chartered Certified Accountants
Bury Lodge
Bury Road
Stowmarket
Suffolk
IP14 1JA

22 March 2017

Lighthouse Coaching and Training Limited
Registered number:		04511213
Abbreviated Balance Sheet
as at 31 August 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		2,792			1,368
Investments	3		16,020			22,401
			18,812			23,769

Current assets
Debtors		765			868
Cash at bank and in hand		6,990			6,024
		7,755			6,892

Creditors: amounts falling due within one year		(26,555)			(35,305)

Net current liabilities			(18,800)			(28,413)

Total assets less current liabilities			12			(4,644)


Provisions for liabilities			(558)			(273)


Net liabilities			(546)			(4,917)

Capital and reserves
Called up share capital	4		100			100
Profit and loss account			(646)			(5,017)

Shareholder's funds			(546)			(4,917)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr A Halfacre
Director
Approved by the board on 22 March 2017

Lighthouse Coaching and Training Limited
Notes to the Abbreviated Accounts
for the year ended 31 August 2016

1	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).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery			25% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Tangible fixed assets					£

	Cost
	At 1 September 2015					11,284
	Additions					2,507
	At 31 August 2016					13,791

	Depreciation
	At 1 September 2015					9,916
	Charge for the year					1,083
	At 31 August 2016					10,999

	Net book value
	At 31 August 2016					2,792
	At 31 August 2015					1,368


3	Investments					£

	Cost
	At 1 September 2015					22,401
	Additions					3,742
	Disposals					(10,123)

	At 31 August 2016					16,020

4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100