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DRAFT
REGISTERED NUMBER: 08225757 (England and Wales)















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2016

FOR

LINTON ASSOCIATES LIMITED
LINTON ASSOCIATES LIMITED (REGISTERED NUMBER: 08225757)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2016

DRAFT









Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4
LINTON ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2016







DRAFT
DIRECTOR: D Linton





SECRETARY: D Linton





REGISTERED OFFICE: Drake House
Gadbrook Park
Northwich
Cheshire
CW9 7RA





REGISTERED NUMBER: 08225757 (England and Wales)





ACCOUNTANTS: Howard Worth
Drake House
Gadbrook Park
Northwich
Cheshire
CW9 7RA
LINTON ASSOCIATES LIMITED (REGISTERED NUMBER: 08225757)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2016

28/2/16 28/2/15
Notes £    £    £    £   
DRAFT
FIXED ASSETS
Intangible assets 2 11,850 13,650
Tangible assets 3 35,336 42,744
47,186 56,394

CURRENT ASSETS
Stocks 10,800 5,600
Debtors 745 -
Cash at bank 2,828 3,498
14,373 9,098
CREDITORS
Amounts falling due within one year 4 54,771 44,883
NET CURRENT LIABILITIES (40,398 ) (35,785 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,788

20,609

CREDITORS
Amounts falling due after more than one
year

4

(6,435

)

(17,511

)

PROVISIONS FOR LIABILITIES (3,560 ) (2,866 )
NET (LIABILITIES)/ASSETS (3,207 ) 232

CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and loss account (3,307 ) 132
SHAREHOLDERS' FUNDS (3,207 ) 232

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.
LINTON ASSOCIATES LIMITED (REGISTERED NUMBER: 08225757)

ABBREVIATED BALANCE SHEET - continued
28 FEBRUARY 2016

DRAFT

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 director on 14 November 2016 and were signed by:





D Linton - Director

LINTON ASSOCIATES LIMITED (REGISTERED NUMBER: 08225757)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2016

DRAFT

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The accounts have been prepared on a going concern basis, despite the fact that liabilities exceed
assets. The director has given has given an undertaking to support the company until returns to a net
assets position. He considers that it is appropriate to prepare the accounts on a going concern basis.

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 January 2015).

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 2012, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery - 15% on reducing balance
Motor vehicles - 33% 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet.
Those held under hire purchase contracts are depreciated over their estimated useful lives. Those
held under finance leases are depreciated over their estimated useful lives or the lease term,
whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant
period. The capital element of the future payments is treated as a liability.
LINTON ASSOCIATES LIMITED (REGISTERED NUMBER: 08225757)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2016

DRAFT

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015
and 28 February 2016 18,000
AMORTISATION
At 1 March 2015 4,350
Amortisation for year 1,800
At 28 February 2016 6,150
NET BOOK VALUE

At 28 February 2016 11,850
At 28 February 2015 13,650

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2015 64,493
Additions 1,539
Disposals (4,975 )
At 28 February 2016 61,057
DEPRECIATION
At 1 March 2015 21,749
Charge for year 6,236
Eliminated on disposal (2,264 )
At 28 February 2016 25,721
NET BOOK VALUE
At 28 February 2016 35,336
At 28 February 2015 42,744

4. CREDITORS

Creditors include an amount of £ 17,470 (28/2/15 - £ 28,546 ) for which security has been given.

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28/2/16 28/2/15
value: £    £   
100 Ordinary £1 100 100

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