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REGISTERED NUMBER: 01260471 (England and Wales)















L LANNI LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2017






L LANNI LIMITED (REGISTERED NUMBER: 01260471)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


L LANNI LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2017







DIRECTOR: A J Lanni



SECRETARY: Mrs D E Lanni



REGISTERED OFFICE: 56 St. Mary's Drive
Dunsville
Doncaster
South Yorkshire
DN7 4DX



REGISTERED NUMBER: 01260471 (England and Wales)



ACCOUNTANTS: W H Prior
Chartered Certified Accountants
Railway Court
Off Ten Pound Walk
Doncaster
South Yorkshire
DN4 5FB



BANKERS: Clydesdale Bank t/a Yorkshire Bank
19 St. Sepulchre Gate
Doncaster
South Yorkshire
DN1 1SJ



SOLICITORS: Dickinson Wood
28 South Parade
Doncaster
South Yorkshire
DN1 2DJ

L LANNI LIMITED (REGISTERED NUMBER: 01260471)

BALANCE SHEET
30TH JUNE 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Debtors 5 1,080 324
Cash at bank 573 442
1,653 766
CREDITORS
Amounts falling due within one year 6 34,099 47,545
NET CURRENT LIABILITIES (32,446 ) (46,779 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,446

)

(46,779

)

CREDITORS
Amounts falling due after more than one
year

7

50,000

50,000
NET LIABILITIES (82,446 ) (96,779 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (83,446 ) (97,779 )
SHAREHOLDERS' FUNDS (82,446 ) (96,779 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2017 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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 16th March 2018 and were signed by:





A J Lanni - Director


L LANNI LIMITED (REGISTERED NUMBER: 01260471)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2017


1. STATUTORY INFORMATION

L Lanni Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

First year adoption of Financial Reporting Standard 102 ( FRS 102) Section 1A
These financial statements for the year ended 30th June 2017 are the first that are prepared in accordance with
FRS 102 Section 1A. The previous financial statements were prepared in accordance with UK GAAP, the date of
transition to FRS 102 Section 1A is 1st July 2015.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.
The policies adopted for the recognition of turnover are as follows:

Sale of goods - Turnover from the sale of goods is recognised at the point of sale.

Rendering of services - Turnover from the provision of services is recognised on completion of the service and,
for engagements spanning the balance sheet date, it is recognised by reference to the stage of completion at the
balance sheet date.

Tangible fixed assets
Depreciation of fixed assets is calculated to write off their cost or valuation less any residual value over their
estimated useful lives at the following annual rates


Lorries and vans25% of reducing balance
Pressure washer20% of initial cost
General equipment15% of reducing balance
Office equipment15% of reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

L LANNI LIMITED (REGISTERED NUMBER: 01260471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2017


2. ACCOUNTING POLICIES - continued

Going concern basis
The director has considered the going concern position of the company and has agreed to continue the support
of the company provided by the interest free loans on director's current account for the following twelve month
period. Additionally, the director provides support in the form of his personal guarantee in respect of the company
bank borrowings detailed in the notes to the financial statements. On this basis the director considers the going
concern basis to be appropriate and this basis has been applied in the preparation of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st July 2016
and 30th June 2017 8,868 6,013 14,881
DEPRECIATION
At 1st July 2016
and 30th June 2017 8,868 6,013 14,881
NET BOOK VALUE
At 30th June 2017 - - -
At 30th June 2016 - - -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 960 204
Other debtors 120 120
1,080 324

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade creditors 67 -
Taxation and social security 797 1,335
Other creditors 33,235 46,210
34,099 47,545

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2017 2016
£    £   
Other creditors 50,000 50,000

L LANNI LIMITED (REGISTERED NUMBER: 01260471)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2017


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to the director subsisted during the per a director subsisted during the years
ended 30th June 2017 and 30th June 2016:

2017 2016
£    £   
A J Lanni
Balance outstanding at start of year (95,092 ) (92,469 )
Amounts advanced 12,907 2,600
Amounts repaid - (5,223 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (82,185 ) (95,092 )

Mr A.J. Lanni has advanced funds to the company on director's current account, the balance due to Mr Lanni on
the 30th June 2017 being £82,185 (2016: £95,092), including £50,000 repayable within two to five years (2016:
£50,000).

No interest is payable on the advances to the company, which are unsecured.

Mr. A.J. Lanni has provided a personal guarantee of £15,000 to the company bankers securing the company
overdraft.

9. RELATED PARTY DISCLOSURES

The controlling party is Mr. A.J. Lanni by virtue of his ownership of 100% of the issued share capital in the
company.