Gordons Solicitors Limited - Limited company - abbreviated - 11.9
Gordons Solicitors Limited - Limited company - abbreviated - 11.9
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 31 March 2015 |
for |
Gordons Solicitors Limited |
Gordons Solicitors Limited (Registered number: 08468270) |
Contents of the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Gordons Solicitors Limited |
Company Information |
for the Year Ended 31 March 2015 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Gordons Solicitors Limited (Registered number: 08468270) |
Abbreviated Balance Sheet |
31 March 2015 |
Notes | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | ( |
) |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 4 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
Gordons Solicitors Limited (Registered number: 08468270) |
Abbreviated Balance Sheet - continued |
31 March 2015 |
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 financial statements were approved by the Board of Directors on its behalf by: |
Gordons Solicitors Limited (Registered number: 08468270) |
Notes to the Abbreviated Accounts |
for the Year Ended 31 March 2015 |
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 the fair value of services provided during the period on client assignments. |
Turnover is recognised as legal services are undertaken and the right to consideration is earned. Fair |
value reflects the amount expected to be recoverable from clients and is based on the time spent, |
skills and expertise provided and expenses incurred. Turnover excludes Value Added Tax. |
Turnover in respect of contingent fee assignments (over and above any agreed minimum fee) is |
recognised in the period when the contingent event occurs and the collectability of the fee is |
assured. Unbilled turnover on individual client assignments is included as work in progress. |
Goodwill |
Tangible fixed assets |
Fixtures and fittings | - |
Computer equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
at the balance sheet date, where transactions or events that result in an obligation to pay more or a |
right to pay less tax in the future have occurred by the balance sheet date with certain limited |
exceptions. |
Deferred tax is calculated on an undiscounted basis at the ta rates that are expected to apply in the |
periods in which the timing differences are expected to reverse, based on the tax rates and laws |
enacted or substantively enacted 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. |
Claims |
Provision is made on a case by case basis in respect of the cost of defending claims and where |
appropriate the estimated cost to the firm of settling claims, net of expected insurance recoveries. |
Gordons Solicitors Limited (Registered number: 08468270) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 31 March 2015 |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 March 2015 |
AMORTISATION |
Amortisation for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
Additions |
At 31 March 2015 |
DEPRECIATION |
Charge for year |
At 31 March 2015 |
NET BOOK VALUE |
At 31 March 2015 |
4. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 |
5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year the company acquired goodwill from Mr K W Gordon, Mr M R Santa-Olalla, Miss S M |
Brown and Mr G Skivington for a cost of £3,427,000. |