Abbreviated Company Accounts - LUXHURST LTD

Registered Number 06890793

LUXHURST LTD

Abbreviated Accounts

30 April 2014

LUXHURST LTD Registered Number 06890793

Abbreviated Balance Sheet as at 30 April 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	503,155	503,155
		503,155	503,155
Current assets
Cash at bank and in hand		9,568	6,444
		9,568	6,444
Creditors: amounts falling due within one year		(673)	(2,689)
Net current assets (liabilities)		8,895	3,755
Total assets less current liabilities		512,050	506,910
Creditors: amounts falling due after more than one year		(513,347)	(508,497)
Total net assets (liabilities)		(1,297)	(1,587)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(1,298)	(1,588)
Shareholders' funds		(1,297)	(1,587)

For the year ending 30 April 2014 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 29 January 2015

And signed on their behalf by:
D Ormonde, Director

LUXHURST LTD Registered Number 06890793

Notes to the Abbreviated Accounts for the period ended 30 April 2014

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 rent receivable.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Investment properties are included in the balance sheet at their open market value. Depreciation is
provided only on those investment properties which are leasehold and where the unexpired lease term is
less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities
(effective April 2008), it is a departure from the general requirement of the Companies Act 2006 for all
tangible assets to be depreciated. In the opinion of the director compliance with the standard is necessary
for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many
factors reflected in the annual valuation and the amount of this which might otherwise have been charged
cannot be separately identified or quantified.

2Tangible fixed assets

	£
Cost
At 1 May 2013	503,155
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2014	503,155
Depreciation
At 1 May 2013	-
Charge for the year	-
On disposals	-
At 30 April 2014	-
Net book values
At 30 April 2014	503,155
At 30 April 2013	503,155