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LIFE'S A BOAT LIMITED




Company Registration Number:
06458721 (England and Wales)



Abbreviated (Unaudited) Accounts



Period of accounts


Start date: 01st January 2009

End date: 31st December 2009

SUBMITTED

LIFE'S A BOAT LIMITED

Company Information
for the Period Ended
31st December 2009




Director: Damian Canning
Stephen Canning
Company secretary: Damian Canning
Registered office: 70 Lewes Road
Haywards Heath
West Sussex
RH17 7SX
Company Registration Number: 06458721 (England and Wales)

LIFE'S A BOAT LIMITED

Abbreviated Balance sheet
As at 31st December 2009

Notes 2009
£
2008
£
Fixed assets
Tangible assets: 2 115,113 115,113
Total fixed assets: 115,113 115,113
Current assets
Cash at bank and in hand: 0 -
Total current assets: 0 -
Creditors
Creditors: amounts falling due within one year 100 -
Net current assets (liabilities): ( 100 ) -
Total assets less current liabilities: 115,013 115,113
Creditors: amounts falling due after more than one year: 164,392 -
Total net assets (liabilities): ( 49,379 ) 115,113

The notes form part of these financial statements

LIFE'S A BOAT LIMITED

Abbreviated Balance sheet
As at 31st December 2009
continued

Notes 2009
£
2008
£
Capital and reserves
Called up share capital: 3 100 100
Profit and Loss account: ( 49,479 ) 115,013
Total shareholders funds: ( 49,379 ) 115,113

For the year ending 31 December 2009 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.

The financial statements were approved by the Board of Directors on 31 October 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Damian Canning
Status: Director
Name: Stephen Canning
Status: Director

The notes form part of these financial statements

LIFE'S A BOAT LIMITED

Notes to the Abbreviated Accounts
for the Period Ended
31st December 2009

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The accounts have been prepared in accordance with the special provisions in Part V11 of the companies act 1985 relating to small companies

    Turnover policy

    The turnover shown in the profit and loss account is show net of VAT.

    Tangible fixed assets depreciation policy

    Motor boat has been depreciated at the rate of 25% reducing balance

  • 2. Tangible assets

    Total
    Cost £
    At 01st January 2009: 153,483
    At 31st December 2009: 153,483
    Depreciation
    At 01st January 2009: 38,370
    At 31st December 2009: 38,370
    Net book value
    At 31st December 2009: 115,113
    At 31st December 2008: 115,113

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period 2008
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100
    Current period 2009
    Class Number of shares Nominal value per share Total
    Ordinary shares: 100 1 100
    Total share capital: 100