Placidi Law Company Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 06370096 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 June 2014

for

Placidi Law Company Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

4

DIRECTOR:

Mr S Placidi

SECRETARY:

REGISTERED OFFICE:

27 Middle Road

Park Gate

Southampton

Hampshire

SO31 7GH

REGISTERED NUMBER:

06370096 (England and Wales)

ACCOUNTANTS:

Rothman Pantall LLP

10 Landport Terrace

Portsmouth

Hampshire

PO1 2RG

FIXED ASSETS

Tangible assets

2

18,401

1,306

CURRENT ASSETS

Debtors

38,212

74,421

Cash at bank and in hand

6,871

4,320

45,083

78,741

CREDITORS

Amounts falling due within one year

54,845

73,341

NET CURRENT (LIABILITIES)/ASSETS

(9,762

)

5,400

TOTAL ASSETS LESS CURRENT LIABILITIES

8,639

6,706

CAPITAL AND RESERVES

Called up share capital

3

2

2

Profit and loss account

8,637

6,704

SHAREHOLDERS' FUNDS

8,639

6,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2014 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 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 30 March 2015 and were signed by:

Mr S Placidi - Director

1.	ACCOUNTING POLICIES

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 April 2008).

Turnover

Turnover represents the amount derived from ordinary activities, and stated after trade discounts, other sales

taxes and net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 July 2013

12,287

Additions

23,019

At 30 June 2014

35,306

DEPRECIATION

At 1 July 2013

10,981

Charge for year

5,924

At 30 June 2014

16,905

NET BOOK VALUE

At 30 June 2014

18,401

At 30 June 2013

1,306

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

1

Ordinary

£1

1

1

1

'A'

£1

1

1

2

2

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the year end the director, Mr S Placidi, owed the company £11,322.64. This was paid within 3 months of

the year end.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to three)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Placidi Law Company Limited for the year ended 30 June 2014 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject

to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the director of Placidi Law Company Limited in accordance with our terms of engagement.

Our work has been undertaken solely to prepare for your approval the financial statements of Placidi Law Company

Limited and state those matters that we have agreed to state to the director of Placidi Law Company Limited in this

report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do

not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Placidi Law Company Limited has kept adequate accounting records and to prepare

statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of

Placidi Law Company Limited. You consider that Placidi Law Company Limited is exempt from the statutory audit

requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Placidi Law Company

Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and

explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Rothman Pantall LLP

10 Landport Terrace

Portsmouth

Hampshire

PO1 2RG

30 March 2015