Abbreviated Company Accounts - LISBARNETT DEVELOPMENTS LIMITED

LISBARNETT DEVELOPMENTS LIMITED - Company Information

NI066127 LISBARNETT DEVELOPMENTS LIMITED 2016-09-30 false 2015-10-01 2016-09-30 true NI066127 2015-10-01 2016-09-30 NI066127 2016-09-30 NI066127 2015-09-30 NI066127 uk-gaap-cd-bus:Director1 2015-10-01 2016-09-30 NI066127 uk-gaap-cd-bus:Director2 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-01 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number NI066127

LISBARNETT DEVELOPMENTS LIMITED

Abbreviated Accounts

30 September 2016

LISBARNETT DEVELOPMENTS LIMITED Registered Number NI066127

Abbreviated Balance Sheet as at 30 September 2016

	Notes	2016	2015
		£	£
Fixed assets
Investments	2	68	68
		68	68
Current assets
Debtors		1,079,862	1,198,140
		1,079,862	1,198,140
Creditors: amounts falling due within one year		(103,018)	(220,783)
Net current assets (liabilities)		976,844	977,357
Total assets less current liabilities		976,912	977,425
Total net assets (liabilities)		976,912	977,425
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		976,911	977,424
Shareholders' funds		976,912	977,425

For the year ending 30 September 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 31 August 2017

And signed on their behalf by:
Mr J McElroy, Director

LISBARNETT DEVELOPMENTS LIMITED Registered Number NI066127

Notes to the Abbreviated Accounts for the period ended 30 September 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Other accounting policies
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Fixed assets Investments
Cost at 1 October 2015 and 30 September 2016 £68
Impairment at 1 October 2015 and 30 September 2016 £Nil
Carrying amount at 30 September 2016 £68

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1