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REGISTERED NUMBER: 02452782 (England and Wales)


















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2013

FOR

LICHFIELD STUDIO GLASS LIMITED
LICHFIELD STUDIO GLASS LIMITED (REGISTERED NUMBER: 02452782)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2013




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3
LICHFIELD STUDIO GLASS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2013







DIRECTORS: M Hagan
D Preston
J Hagan





SECRETARY: J Hagan





REGISTERED OFFICE: 115 Heath Road
Widnes
Cheshire
WA8 7NU





REGISTERED NUMBER: 02452782 (England and Wales)





ACCOUNTANTS: Walker Begley Limited
Chartered Accountants
207 Knutsford Road
Grappenhall
Warrington
Cheshire
WA4 2QL
LICHFIELD STUDIO GLASS LIMITED (REGISTERED NUMBER: 02452782)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2013

30/9/13 30/9/12
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 430 724

CURRENT ASSETS
Stocks 500 500
Debtors 5,990 10,568
Cash at bank 2,819 591
9,309 11,659
CREDITORS
Amounts falling due within one year 15,665 15,936
NET CURRENT LIABILITIES (6,356 ) (4,277 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,926
)
(3,553
)

CAPITAL AND RESERVES
Called up share capital 3 105 105
Profit and loss account (6,031 ) (3,658 )
SHAREHOLDERS' FUNDS (5,926 ) (3,553 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2013 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 7 February 2014 and were signed on its behalf by:





M Hagan - Director

LICHFIELD STUDIO GLASS LIMITED (REGISTERED NUMBER: 02452782)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2013

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the going concern basis which assumes that the company will
continue in operational existence for the foreseeable future. The company is supported by the director's loan.
See note 12. The director will continue to support the company for the foreseeable future and ensure that the
company can meet its obligations to creditors as they fall due. The directors therefore believe that it is
appropriate for the financial statements to be drawn up on the going concern basis. If the company were unable
to continue in operational existence for the foreseeable future, adjustments would have to be made to reduce the
balance sheet values of assets to their recoverable amounts, to provide for further liabilities that might arise and
to reclassify fixed assets and long term liabilities as current assets and liabilities.

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.

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

Improvements to property - 10% on cost
Plant and machinery - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2012
and 30 September 2013 23,743
DEPRECIATION
At 1 October 2012 23,019
Charge for year 294
At 30 September 2013 23,313
NET BOOK VALUE
At 30 September 2013 430
At 30 September 2012 724
LICHFIELD STUDIO GLASS LIMITED (REGISTERED NUMBER: 02452782)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2013

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/9/13 30/9/12
value: £    £   
105 Ordinary £1 105 105

4. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director, M Hagan, has made an unsecured interest free loan available to the company which has no fixed
repayment date. The amount outstanding at the year end was £6,808 (2012 - £7,888).

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