R Gordon Roberts Laurie & Co Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 07370738 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 30 April 2015

for

R Gordon Roberts Laurie & Co Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

D L Jones

E L Williams

H R Jones

REGISTERED OFFICE:

Glandwr Chambers

Llangefni

Ynys Mon

Gwynedd

LL77 7EE

REGISTERED NUMBER:

07370738 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

FIXED ASSETS

Intangible assets

2

348,000

406,000

Tangible assets

3

24,638

1,901

372,638

407,901

CURRENT ASSETS

Debtors

241,979

257,466

Cash at bank and in hand

35,564

36,599

277,543

294,065

CREDITORS

Amounts falling due within one year

277,097

258,682

NET CURRENT ASSETS

446

35,383

TOTAL ASSETS LESS CURRENT LIABILITIES

373,084

443,284

CREDITORS

Amounts falling due after more than one year

227,503

291,373

NET ASSETS

145,581

151,911

CAPITAL AND RESERVES

Called up share capital

4

400

400

Profit and loss account

145,181

151,511

SHAREHOLDERS' FUNDS

145,581

151,911

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

The members have not required the company to obtain an audit of its financial statements for the year 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 4 January 2016 and were signed on its behalf by:

D L Jones - Director

E L Williams - Director

H R Jones - 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 amounts chargeable to clients for professional services provided during the year, inclusive

of direct expenses incurred on client assignments but excluding value added tax. Turnover is recognised when a

right to consideration has been obtained through performance under each contract. Consideration accrues as

contract activity progresses by reference to the value of work performed.

Turnover is not recognised where the right to receive payment is contingent on events outside the control of the

company. Unbilled revenue is included in debtors within accrued income.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Office equipment

-

33% on cost

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

and 30 April 2015

580,000

AMORTISATION

At 1 May 2014

174,000

Amortisation for year

58,000

At 30 April 2015

232,000

NET BOOK VALUE

At 30 April 2015

348,000

At 30 April 2014

406,000

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2014

17,111

Additions

25,334

At 30 April 2015

42,445

DEPRECIATION

At 1 May 2014

15,210

Charge for year

2,597

At 30 April 2015

17,807

NET BOOK VALUE

At 30 April 2015

24,638

At 30 April 2014

1,901

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number

Class:

Nominal Value

2015

2014

£

£

133

Ordinary A

£1

133

100

133

Ordinary B

£1

133

100

133

Ordinary C

£1

133

100

1

Ordinary D

£1

1

100

400

400

During the year 99 Ordinary D shares were redesignated as 33 Ordinary A, 33 Ordinary B and 33 Ordinary C

shares.

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of R Gordon Roberts Laurie & Co Limited for the year ended 30 April 2015 which comprise the

Profit and Loss Account, the 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of R Gordon Roberts Laurie & Co Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R Gordon Roberts Laurie & Co Limited and state those matters that we have agreed to state to the Board of Directors of R Gordon Roberts Laurie & Co Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R Gordon Roberts Laurie & Co 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 R Gordon Roberts Laurie & Co Limited. You consider that R Gordon Roberts Laurie & Co 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 R Gordon Roberts Laurie &

Co 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.

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

4 January 2016