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LIGHTDRAWING.COM LIMITED




Company Registration Number:
05062910 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st March 2009

End date: 28th February 2010

SUBMITTED

LIGHTDRAWING.COM LIMITED

Company Information
for the Period Ended
28th February 2010




Director: Julie Cooke
Company secretary: Martyn Procter
Registered office: 35 Cromwell Road
Newbury
Berkshire
RG14 2HP
GBR
Company Registration Number: 05062910 (England and Wales)

LIGHTDRAWING.COM LIMITED

Abbreviated Balance sheet
As at 28th February 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 6 5,117 8,473
Total fixed assets: 5,117 8,473
Current assets
Debtors: - 559
Cash at bank and in hand: 20,801 62,665
Total current assets: 20,801 63,224
Creditors
Creditors: amounts falling due within one year 7 15,525 58,527
Net current assets (liabilities): 5,276 4,697
Total assets less current liabilities: 10,393 13,170
Total net assets (liabilities): 10,393 13,170

The notes form part of these financial statements

LIGHTDRAWING.COM LIMITED

Abbreviated Balance sheet
As at 28th February 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Called up share capital: 8 10,000 10,000
Profit and Loss account: 393 3,170
Total shareholders funds: 10,393 13,170

For the year ending 28 February 2010 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

The financial statements were approved by the Board of Directors on 19 October 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Julie Cooke
Status: Director

The notes form part of these financial statements

LIGHTDRAWING.COM LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
28th February 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    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 policy

    Turnover represents net invoiced value of goods and services supplied by the company, excluding value added tax. Revenues are recognised on receipt of statements from distributors or on contractual billing dates or on receipt of cash revenues from other sources.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off the cost of each asset over its estimated useful life. Photography Equipment and Computer and Office Equipment: 3 years straight line basis

  • 6. Tangible assets

    Total
    Cost £
    At 01st March 2009: 32,120
    Additions: 2,234
    Disposals: 9,491
    At 28th February 2010: 24,863
    Depreciation
    At 01st March 2009: 23,647
    Charge for year: 5,043
    On disposals: 8,944
    At 28th February 2010: 19,746
    Net book value
    At 28th February 2010: 5,117
    At 28th February 2009: 8,473

  • 7. Creditors: amounts falling due within one year

    Creditors falling due within one year : £15,525 (2009: £58,527)

  • 8. Called up share capital

    Allotted, called up and paid

    Previous period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10,000 1 10,000
    Total share capital: 10,000
    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 10,000 1 10,000
    Total share capital: 10,000
  • 10. Related party disclosures

    Name of the ultimate controlling party during the period: Julie Cooke