James A Robertson And Associates Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 08522325 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022

FOR

JAMES A ROBERTSON AND ASSOCIATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTOR:

Dr J A Robertson

SECRETARY:

REGISTERED OFFICE:

98 Hornchurch Road

Hornchurch

Essex

RM11 1JS

REGISTERED NUMBER:

08522325 (England and Wales)

ACCOUNTANTS:

Stephen Farra Associates Limited

98 Hornchurch Road

Hornchurch

Essex

RM11 1JS

FIXED ASSETS

Tangible assets

4

1,855

2,474

CURRENT ASSETS

Debtors

5

28,937

30,482

Cash at bank and in hand

180

40

29,117

30,522

CREDITORS

Amounts falling due within one year

6

30,672

32,701

NET CURRENT LIABILITIES

(1,555

)

(2,179

)

TOTAL ASSETS LESS CURRENT LIABILITIES

300

295

PROVISIONS FOR LIABILITIES

201

201

NET ASSETS

99

94

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

98

93

SHAREHOLDERS' FUNDS

99

94

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 February 2023 and were signed by:

Dr J A Robertson - Director

1.	STATUTORY INFORMATION

James A Robertson And Associates Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2021

and 31 May 2022

7,134

DEPRECIATION

At 1 June 2021

4,660

Charge for year

619

At 31 May 2022

5,279

NET BOOK VALUE

At 31 May 2022

1,855

At 31 May 2021

2,474

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

(250

)

1,187

Other debtors

29,187

29,295

28,937

30,482

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

5,955

7,912

Trade creditors

305

-

Taxation and social security

5,037

6,637

Other creditors

19,375

18,152

30,672

32,701

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2022 and 31 May 2021:

2022

2021

£

£

Dr J A Robertson

Balance outstanding at start of year

16,448

11,826

Amounts advanced

-

4,622

Amounts repaid

(108

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,340

16,448

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,600 (2021 - £2,000) were paid to the director .

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Dr J A Robertson.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of James A Robertson And Associates Limited for the year ended 31 May 2022 which comprise the Income Statement, 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 firm 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/rulebook.

This report is made solely to the director of James A Robertson And Associates Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of James A Robertson And Associates Limited and state those matters that we have agreed to state to the director of James A Robertson And Associates Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that James A Robertson And Associates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of James A Robertson And Associates Limited. You consider that James A Robertson And 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 financial statements of James A Robertson And 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 statutory financial statements.

Stephen Farra Associates Limited

98 Hornchurch Road

Hornchurch

Essex

RM11 1JS

27 February 2023