Lewis-Harvey Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05792819 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2014

for

Lewis-Harvey Limited

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

5

DIRECTORS:

S Harvey

R E Harvey

J P Harvey

REGISTERED OFFICE:

Unit 4 Mast House

Beaminster Way East Airport Industrial E

Kingston Park

Newcastle Upon Tyne

NE3 2ER

REGISTERED NUMBER:

05792819 (England and Wales)

ACCOUNTANTS:

Peter Weldon & Co. Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on

pages three to six) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Lewis-Harvey Limited for the year ended 30 April 2014 which comprise

the Profit and Loss Account, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we

are subject to its ethical and other professional requirements which are detailed at

icaew.com/membershandbook.

This report is made solely to the Board of Directors of Lewis-Harvey Limited, as a body, in accordance with

our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial

statements of Lewis-Harvey Limited and state those matters that we have agreed to state to the Board of

Directors of Lewis-Harvey Limited, as a body, in this report in accordance with AAF 2/10 as detailed at

icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to

anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Lewis-Harvey Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and

profit of Lewis-Harvey Limited. You consider that Lewis-Harvey 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 financial statements of Lewis-Harvey

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

statutory financial statements.

Peter Weldon & Co. Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

20 January 2015

FIXED ASSETS

Intangible assets

2

109,630

118,280

Tangible assets

3

8,901

14,241

118,531

132,521

CURRENT ASSETS

Debtors

17,719

30,368

Cash at bank and in hand

51,599

6,232

69,318

36,600

CREDITORS

Amounts falling due within one year

114,568

100,148

NET CURRENT LIABILITIES

(45,250

)

(63,548

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,281

68,973

CAPITAL AND RESERVES

Called up share capital

4

4

4

Profit and loss account

73,277

68,969

SHAREHOLDERS' FUNDS

73,281

68,973

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 January 2015 and were signed on its behalf by:

J P Harvey - 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 April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Motor vehicles

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis

over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

and 30 April 2014

173,000

AMORTISATION

At 1 May 2013

54,720

Amortisation for year

8,650

At 30 April 2014

63,370

NET BOOK VALUE

At 30 April 2014

109,630

At 30 April 2013

118,280

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2013

26,027

Additions

2,829

At 30 April 2014

28,856

DEPRECIATION

At 1 May 2013

11,786

Charge for year

8,169

At 30 April 2014

19,955

NET BOOK VALUE

At 30 April 2014

8,901

At 30 April 2013

14,241

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

4

Ordinary

1

4

4