Lyons Communications Ltd - Period Ending 2016-07-31
Lyons Communications Ltd - Period Ending 2016-07-31
Registration number:
Unaudited Abbreviated Accounts
for the Year Ended
Lyons Communications Ltd
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The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Lyons Communications Ltd
for the Year Ended 31 July 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lyons Communications Ltd for the year ended 31 July 2016 set out on pages from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Lyons Communications Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Lyons Communications Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lyons Communications Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lyons Communications Ltd 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 Lyons Communications Ltd. You consider that Lyons Communications Ltd 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 Lyons Communications Ltd. 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 statutory accounts.
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James Worley & Sons
Chartered Accountants
9 Bridle Close
Surbiton Road
Kingston Upon Thames
Surrey
KT1 2JW
19 January 2017
Lyons Communications Ltd
(Registration number: 08141774)
Abbreviated Balance Sheet at 31 July 2016
Note |
2016
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2015
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Fixed assets |
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Tangible fixed assets |
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Current assets |
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Debtors |
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- |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
.........................................
Mr JM Lyons
Director
2
Lyons Communications Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued
Accounting policies |
Basis of preparation
Turnover
Depreciation
Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Office equipment |
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Financial instruments
Fixed assets |
Tangible assets
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Total
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Cost |
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At 1 August 2015 |
13,764 |
13,764 |
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Additions |
2,308 |
2,308 |
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At 31 July 2016 |
16,072 |
16,072 |
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Depreciation |
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At 1 August 2015 |
8,676 |
8,676 |
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Charge for the year |
4,018 |
4,018 |
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At 31 July 2016 |
12,694 |
12,694 |
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Net book value |
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At 31 July 2016 |
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At 31 July 2015 |
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Lyons Communications Ltd
Notes to the Abbreviated Accounts for the Year Ended 31 July 2016
......... continued
Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
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No. |
£ |
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