Laker Legal Solicitors Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08741600 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE PERIOD 1 NOVEMBER 2014 TO 30 APRIL 2015

FOR

LAKER LEGAL SOLICITORS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Report of the Accountants

6

DIRECTORS:

Mr R A Hirst

Mr S M Ogden

SECRETARY:

REGISTERED OFFICE:

Laker Legal Solicitors

PO Box 138

Carnforth

Lancashire

LA5 5AU

REGISTERED NUMBER:

08741600 (England and Wales)

ACCOUNTANTS:

Taylor, Robertson & Willett Ltd

95 King Street

Lancaster

Lancashire

LA1 1RH

FIXED ASSETS

Intangible assets

2

8,000

9,000

Tangible assets

3

8,297

10,077

16,297

19,077

CURRENT ASSETS

Stocks

20,817

10,817

Debtors

54,069

56,935

Cash at bank and in hand

163,645

108,078

238,531

175,830

CREDITORS

Amounts falling due within one year

203,614

143,096

NET CURRENT ASSETS

34,917

32,734

TOTAL ASSETS LESS CURRENT LIABILITIES

51,214

51,811

CREDITORS

Amounts falling due after more than one year

50,000

50,000

NET ASSETS

1,214

1,811

CAPITAL AND RESERVES

Called up share capital

4

420

300

Profit and loss account

794

1,511

SHAREHOLDERS' FUNDS

1,214

1,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 17 August 2015 and were signed on its behalf by:

Mr R A Hirst - 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 net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

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

-

30% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

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

sheet date.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 30 April 2015

10,000

AMORTISATION

At 1 November 2014

1,000

Amortisation for period

1,000

At 30 April 2015

2,000

NET BOOK VALUE

At 30 April 2015

8,000

At 31 October 2014

9,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 November 2014

and 30 April 2015

11,856

DEPRECIATION

At 1 November 2014

1,779

Charge for period

1,780

At 30 April 2015

3,559

NET BOOK VALUE

At 30 April 2015

8,297

At 31 October 2014

10,077

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

220

Ordinary A

£1

220

100

100

Ordinary B

£1

100

100

100

Ordinary C

£1

100

100

420

300

The following shares were issued during the period for cash at par :

120 Ordinary A shares of £1

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

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

have been prepared.

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 30 April 2015 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Taylor, Robertson & Willett Ltd

95 King Street

Lancaster

Lancashire

LA1 1RH

17 August 2015