Registered Number 04036594

LAKE 2000 LIMITED

Abbreviated Accounts

31 July 2016

LAKE 2000 LIMITED Registered Number 04036594

Abbreviated Balance Sheet as at 31 July 2016

Notes 2016 2015
£ £
Fixed assets
Tangible assets 2 97,745 100,923
97,745 100,923
Current assets
Debtors 377 394
Cash at bank and in hand 26,071 11,319
26,448 11,713
Creditors: amounts falling due within one year (77,480) (72,941)
Net current assets (liabilities) (51,032) (61,228)
Total assets less current liabilities 46,713 39,695
Provisions for liabilities (2,385) (4,765)
Total net assets (liabilities) 44,328 34,930
Capital and reserves
Called up share capital 2 2
Profit and loss account 44,326 34,928
Shareholders' funds 44,328 34,930
  • For the year ending 31 July 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 29 March 2017

And signed on their behalf by:
Mrs E Edwards, Director

LAKE 2000 LIMITED Registered Number 04036594

Notes to the Abbreviated Accounts for the period ended 31 July 2016

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant & Equipment - 10% on cost
Fixtures & Fittings - 10% on cost

2Tangible fixed assets
£
Cost
At 1 August 2015 129,455
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2016 129,455
Depreciation
At 1 August 2015 28,532
Charge for the year 3,178
On disposals -
At 31 July 2016 31,710
Net book values
At 31 July 2016 97,745
At 31 July 2015 100,923