Red Apple Law Limited - Period Ending 2021-04-30

Red Apple Law Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 7

Red Apple Law Limited

Company Information

Directors

Miss M Marshall Mrs N Whitehead

Company secretary

Mrs K Channon

Registered office

Top Floor 1 Stafford Place Weston-super-Mare North Somerset BS23 2QZ

Accountants

Four Fifty Partnership Chartered Accountants 34 Boulevard Weston-super-Mare Somerset BS23 1NF

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Red Apple Law Limited
for the Year Ended 30 April 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Red Apple Law Limited for the year ended 30 April 2021 as set out on pages 3 to 7 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
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Red Apple Law Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Red Apple Law Limited and state those matters that we have agreed to state to the Board of Directors of Red Apple Law Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Red Apple Law Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Red Apple Law 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 loss of Red Apple Law Limited. You consider that Red Apple Law 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 Red Apple Law 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 accounts.

......................................

Four Fifty Partnership
Chartered Accountants
34 Boulevard
Weston-super-Mare
Somerset
BS23 1NF

31 January 2022

Red Apple Law Limited

(Registration number: 08858480)
Balance Sheet as at 30 April 2021

	Note	2021 £	2020 £
Current assets
Debtors	4	290	36,478
Cash at bank and in hand		-	1,158
		290	37,636
Creditors: Amounts falling due within one year	5	(702)	(38,013)
Net liabilities		(412)	(377)
Capital and reserves
Called up share capital	6	100	100
Profit and loss account		(512)	(477)
Shareholders' deficit		(412)	(377)

For the financial year ending 30 April 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 31 January 2022 and signed on its behalf by:
 

Red Apple Law Limited

(Registration number: 08858480)
Balance Sheet as at 30 April 2021

......................................... Miss M Marshall Director

......................................... Mrs N Whitehead Director

Red Apple Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Top Floor
1 Stafford Place
Weston-super-Mare
North Somerset
BS23 2QZ
United Kingdom

These financial statements were authorised for issue by the Board on 31 January 2022.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency of the financial statements is Pound Sterling (£).

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Red Apple Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2021

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2020 - 1).

4

Debtors

	2021 £	2020 £
Other debtors	290	36,478
	290	36,478

5

Creditors

Creditors: amounts falling due within one year

	2021 £	2020 £
Due within one year
Other creditors	702	38,013

6	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

Red Apple Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2021

7	Parent and ultimate parent undertaking

Red Apple Law Limited is a wholly owned subsidiary of TI Life Planning Limited, which is a subsidiary of Trust Inheritance Limited. Trust Inheritance Limited is owned by an Employee Ownership Trust, of which T.I. EOT Limited is the sole trustee.

 The company's immediate parent is TI Life Planning Limited, incorporated in England and Wales.

 The ultimate parent is Trust Inheritance Limited, incorporated in England and Wales.

 The ultimate controlling party is T.I. EOT Limited.