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LIVSEY PRODUCTION BUYING SERVICES LTD




Company Registration Number:
04387308 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 05th March 2009

End date: 04th March 2010

SUBMITTED

LIVSEY PRODUCTION BUYING SERVICES LTD

Company Information
for the Period Ended
04th March 2010




Director: David livsey
Sandra Livsey
Company secretary: Sandra Livsey
Registered office: 59 Drywood Avenue
Worsley
Manchester
M28 2QA
Company Registration Number: 04387308 (England and Wales)

LIVSEY PRODUCTION BUYING SERVICES LTD

Abbreviated Balance sheet
As at 04th March 2010

Notes 2010
£
2009
£
Fixed assets
Tangible assets: 2 900 792
Total fixed assets: 900 792
Current assets
Cash at bank and in hand: 18,297 34,493
Total current assets: 18,297 34,493
Creditors
Creditors: amounts falling due within one year 11,885 10,054
Net current assets (liabilities): 6,412 24,439
Total assets less current liabilities: 7,312 25,231
Total net assets (liabilities): 7,312 25,231

The notes form part of these financial statements

LIVSEY PRODUCTION BUYING SERVICES LTD

Abbreviated Balance sheet
As at 04th March 2010
continued

Notes 2010
£
2009
£
Capital and reserves
Profit and Loss account: 7,312 25,231
Total shareholders funds: 7,312 25,231

For the year ending 4 March 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 16 November 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: David livsey
Status: Director

The notes form part of these financial statements

LIVSEY PRODUCTION BUYING SERVICES LTD

Notes to the Abbreviated Accounts
for the Period Ended
04th March 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements are prepared under the historical cost convention (as modified by the revaluation of certain fixed assets) and incorporate the results of its principle activity which is described in the directors report and which is continuing. The company has taken advantage of the exemption in FRS 1 from the requirement to prepare a cashflow statement on the grounds that it is a small company.

    Turnover policy

    Income comprises of sales and services.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost (or valuation) less depreciation. Depreciation is provided at rates calculated to write off the cost (or valuation) of fixed assets less their estimated residual value, over their expected useful lives, on the following basis: Fixtures & Fittings - 15% of reducing balance Equipment - 20% of reducing balance Computer Equipment - 25% of reducing balance

    Other accounting policies

    Provision is made for taxation deferred as a result of material timing differences between incidence of Income and expenditure for taxation purposes and accounts purposes using the liability method, only to the extent that, in the opinion of the directors, there is a reasonable probability that a liability of assets will crystallise in the near future.

  • 2. Tangible assets

    Total
    Cost £
    At 05th March 2009: 2,382
    Additions: 348
    At 04th March 2010: 2,730
    Depreciation
    At 05th March 2009: 1,590
    Charge for year: 240
    At 04th March 2010: 1,830
    Net book value
    At 04th March 2010: 900
    At 04th March 2009: 792