Law Russell House Limited - Limited company - abbreviated

REGISTERED NUMBER: 07845383 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2014

for

Law Russell House Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Z A Nazir

SECRETARY:

REGISTERED OFFICE:

Albion House

64 Vicar Lane

Bradford

West Yorkshire

BD1 5AH

REGISTERED NUMBER:

07845383 (England and Wales)

ACCOUNTANTS:

Isaacs

Albion House

64 Vicar Lane

Bradford

West Yorkshire

BD1 5AH

FIXED ASSETS

Tangible assets

2

2,191,154

2,073,071

CURRENT ASSETS

Debtors

3

193,104

147,760

Cash at bank

85,957

27,390

279,061

175,150

CREDITORS

Amounts falling due within one year

214,993

29,038

NET CURRENT ASSETS

64,068

146,112

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,255,222

2,219,183

CREDITORS

Amounts falling due after more than one
year

4

2,032,488

2,143,313

NET ASSETS

222,734

75,870

CAPITAL AND RESERVES

Called up share capital

5

1

Profit and loss account

222,733

75,869

SHAREHOLDERS' FUNDS

222,734

75,870

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 27 August 2015 and were signed by:

Z A Nazir - 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.

Tangible fixed assets

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

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 December 2013

2,084,851

Additions

129,104

At 30 November 2014

2,213,955

DEPRECIATION

At 1 December 2013

11,780

Charge for year

11,021

At 30 November 2014

22,801

NET BOOK VALUE

At 30 November 2014

2,191,154

At 30 November 2013

2,073,071

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 193,104 (2013 - £ 132,888 )

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2014

2013

£

Repayable otherwise than by instalments

1,464,869

1,516,313

Repayable by instalments

567,619

627,000

2,032,488

2,143,313

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

1

Ordinary

1

Law Russell House Limited - Limited company - abbreviated - 11.6

Law Russell House Limited - Limited company - abbreviated - 11.6