The Association of Law Costs Consultants Limited
The Association of Law Costs Consultants Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended
31 March 2020
The Laurel Partnership Ltd
16 Broad Street
Eye
IP23 7AF
The Association of Law Costs Consultants Limited
Directors' Report and Unaudited Financial Statements
For The Year Ended
31 March 2020
Directors' Report and Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Company Information | 1 |
| Directors' Report | 2 |
| Accountant's Report | 3 |
| Dormant Income and Expenditure Account Statement | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 |
The Association of Law Costs Consultants Limited
Company Information
For The Year Ended
31 March 2020
Company Information
| Director |
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| Company Number |
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| Registered Office | 16 Broad Street |
| Eye | |
| Suffolk | |
| IP23 7AF | |
| Accountants |
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| Eye | |
| IP23 7AF | |
Page 1
The Association of Law Costs Consultants Limited
Company No. 04388378
Directors' Report For The Year Ended
31 March 2020
Directors' Report
The directors present their report and the financial statements for the year ended
31 March 2020
.
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 surplus or deficit 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.
Directors
The directors who held office during the year were as follows:
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RESIGNED |
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APPOINTED |
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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
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Director
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Page 2
The Association of Law Costs Consultants Limited
Accountant's Report
For The Year Ended
31 March 2020
Accountant's Report
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended
31 March 2020
your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. 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.
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16 Broad Street
Eye
IP23 7AF
Page 3
The Association of Law Costs Consultants Limited
Dormant Income and Expenditure Account Statement
For The Year Ended
31 March 2020
Dormant Income and Expenditure 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 surplus nor deficit.
Page 4
The Association of Law Costs Consultants Limited
Balance Sheet
As at
31 March 2020
Balance Sheet
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| MEMBERS' FUNDS | - | - | |||
Directors' responsibilities
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The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges 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
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Director
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The notes on page 6 form part of these financial statements.
Page 5
The Association of Law Costs Consultants Limited
Notes to the Financial Statements
For The Year Ended
31 March 2020
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.
2.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2019: NIL)
3.
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
4.
General Information
The Association of Law Costs Consultants Limited
is a private company, limited by guarantee, incorporated in England & Wales, registered number
04388378
. The registered office is 16 Broad Street, Eye, Suffolk, IP23 7AF.
Page 6