Company Registration No. 06930005 (England and Wales)
LPC LAKESIDE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
LPC LAKESIDE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
LPC LAKESIDE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Debtors
278,831
278,831
Creditors: amounts falling due within one year
2
(4,522,856)
(4,522,264)
Total assets less current liabilities
(4,244,025)
(4,243,433)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
(4,244,026)
(4,243,434)
Shareholders'  funds
(4,244,025)
(4,243,433)
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 31 August 2016
Mr C A Whittle
Director
Company Registration No. 06930005
LPC LAKESIDE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Following the sale of all of the company's residential property stocks on 1 June 2012 the directors took the decision to cease trading. The directors do not consider the company to be a going concern and have therefore prepared the financial statements on a break up basis.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently.
2
Creditors: amounts falling due within one year
The aggregate amount of creditors for which security has been given amounted to £4,520,141 (2015 - £4,520,141).
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1
4
Ultimate parent company
The ultimate parent company is Okur Properties Limited, a company registered in Guernsey.
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