Lenihan Associates Limited
Lenihan Associates Limited
Registered number: 08745269
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 October 2019
Enterprise Chartered Certified Accountants
Lenihan Associates Limited
Directors' Report and Unaudited Financial Statements
For The Year Ended 31 October 2019
Directors' Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Dormant Profit and Loss Account Statement | 4 |
| Balance Sheet | 5—6 |
| Notes to the Financial Statements | 7—8 |
Lenihan Associates Limited
Company Information
For The Year Ended 31 October 2019
Company Information
| Directors |
|
|
|
|
| Company Number |
|
| Registered Office | 40 High Ash Drive |
| South Anston | |
| Sheffield | |
| S25 5HJ | |
| Accountants |
|
| ACCA | |
|
|
|
| Tickhill | |
| Rotherham | |
| South Yorkshire | |
| DN11 9QU | |
Page 1
Lenihan Associates Limited
Company No. 08745269
Directors' Report For The Year Ended 31 October 2019
Directors' Report
The directors present their report and the financial statements for the year ended 31 October 2019 .
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors
The directors who held office during the year were as follows:
|
|
|
|
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
|
Director
|
|
|
Page 2
Lenihan Associates Limited
Accountant's Report
For The Year Ended 31 October 2019
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Lenihan Associates Limited For The Year Ended 31 October 2019
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Lenihan Associates Limited 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 of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Lenihan Associates Limited , as a body, in accordance with the terms of our engagement letter dated 07 July 2020. Our work has been undertaken solely to prepare for your approval the accounts of Lenihan Associates Limited and state those matters that we have agreed to state to the directors of Lenihan Associates Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lenihan Associates Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Lenihan Associates Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Lenihan Associates Limited . You consider that Lenihan Associates 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 accounts of Lenihan Associates 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 financial statements.
|
|
ACCA
8 Castlegate
Tickhill
Rotherham
South Yorkshire
DN11 9QU
Page 3
Lenihan Associates Limited
Dormant Profit and Loss Account Statement
For The Year Ended 31 October 2019
Dormant Profit and Loss Account Statement
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
Page 4
Lenihan Associates Limited
Balance Sheet
As at
31 October 2019
Balance Sheet
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Cash at bank and in hand |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year | 4 |
( |
( |
||
| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
| NET LIABILITIES |
( |
( |
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 5 |
|
|
||
| Profit and Loss Account |
( |
( |
|||
| SHAREHOLDERS' FUNDS | (733) | (733) | |||
Page 5
Lenihan Associates Limited
Balance Sheet (continued)
As at
31 October 2019
Directors' responsibilities:
-
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.
On behalf of the board
|
Director
|
|
|
The notes on pages 7 to 8 form part of these financial statements.
Page 6
Lenihan Associates Limited
Notes to the Financial Statements
For The Year Ended 31 October 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & Fittings |
|
| Computer Equipment |
|
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2 (2017: 2)
3.
Tangible Assets
| Fixtures & Fittings | Computer Equipment | Total | |
|---|---|---|---|
| £ | £ | £ | |
| Cost | |||
| As at |
|
|
|
| As at |
|
|
|
| Depreciation | |||
| As at |
|
|
|
| As at |
|
|
|
| Net Book Value | |||
| As at |
|
|
|
| As at |
|
|
|
4.
Creditors: Amounts Falling Due Within One Year
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Corporation tax |
( |
( |
|
| Accruals and deferred income |
|
|
|
| Directors' loan accounts |
|
|
|
|
|
|
||
Page 7
Lenihan Associates Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 October 2019
6.
General Information
Lenihan Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08745269 . The registered office is 40 High Ash Drive, South Anston, Sheffield, S25 5HJ.
Page 8