Stephenson Law Limited - Abbreviated accounts 16.1

Stephenson Law Limited - Abbreviated accounts 16.1

STEPHENSON LAW (REGULATED) LIMITED - Company Information

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REGISTERED NUMBER: 09386665 (England and Wales)









ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 13 JANUARY 2015 TO 31 MARCH 2016

FOR

Stephenson Law Limited

Stephenson Law Limited (Registered number: 09386665)






CONTENTS OF THE ABBREVIATED ACCOUNTS
for the period 13 January 2015 to 31 March 2016




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

Chartered Accountants' Report 5

Stephenson Law Limited

COMPANY INFORMATION
for the period 13 January 2015 to 31 March 2016







DIRECTOR: Mrs A Stephenson





REGISTERED OFFICE: Fairwater
Dumpers Lane
Chew Magna
BS40 8SS





REGISTERED NUMBER: 09386665 (England and Wales)





ACCOUNTANTS: Hunter Accountants
Chartered Accountants
3 Kings Court
Little King Street
Bristol
BS1 4HW
Page 1
Stephenson Law Limited (Registered number: 09386665)

ABBREVIATED BALANCE SHEET
31 March 2016

Notes £    £   
FIXED ASSETS
Tangible assets 2 1,050

CURRENT ASSETS
Debtors 9,998
Cash at bank 88
10,086
CREDITORS
Amounts falling due within one year 11,131
NET CURRENT LIABILITIES (1,045 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
5

CAPITAL AND RESERVES
Called up share capital 3 2
Profit and loss account 3
SHAREHOLDERS' FUNDS 5

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 24 June 2016 and were signed by:





Mrs A Stephenson - Director


The notes form part of these abbreviated accounts

Page 2
Stephenson Law Limited (Registered number: 09386665)

NOTES TO THE ABBREVIATED ACCOUNTS
for the period 13 January 2015 to 31 March 2016

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 January 2015).

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 or, if held under a finance lease, over the lease term, whichever is the shorter.


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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
Additions 1,500
At 31 March 2016 1,500
DEPRECIATION
Charge for period 450
At 31 March 2016 450
NET BOOK VALUE
At 31 March 2016 1,050

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

Page 3 continued...
Stephenson Law Limited (Registered number: 09386665)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
for the period 13 January 2015 to 31 March 2016

4. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2016:

£   
Mrs A Stephenson
Balance outstanding at start of period -
Amounts advanced 9,878
Amounts repaid -
Balance outstanding at end of period 9,878

5. DIRECTOR DIVIDENDS

Dividends of £19,231 were paid to the director in the period.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STEPHENSON LAW LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual
unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)
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 Stephenson Law Limited for the period ended 31 March 2016 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 director of Stephenson Law Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stephenson Law Limited and state those matters that we have agreed to state to the director of Stephenson Law Limited 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 director for our work or for this report.

It is your duty to ensure that Stephenson Law 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 Stephenson Law Limited. You consider that Stephenson Law Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Stephenson 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 financial statements.






Hunter Accountants
Chartered Accountants
3 Kings Court
Little King Street
Bristol
BS1 4HW


24 June 2016

This page does not form part of the abbreviated accounts

Page 5