Law Russell House Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07845383 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2015

for

Law Russell House Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

SECRETARY:

REGISTERED OFFICE:

Albion House

64 Vicar Lane

Bradford

West Yorkshire

BD1 5AH

REGISTERED NUMBER:

07845383 (England and Wales)

ACCOUNTANTS:

Isaacs

Albion House

64 Vicar Lane

Bradford

West Yorkshire

BD1 5AH

FIXED ASSETS

Tangible assets

2

2,176,472

2,191,154

CURRENT ASSETS

Debtors

3

147,574

193,104

Cash at bank

13,157

85,957

160,731

279,061

CREDITORS

Amounts falling due within one year

207,518

214,993

NET CURRENT (LIABILITIES)/ASSETS

(46,787

)

64,068

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,129,685

2,255,222

CREDITORS

Amounts falling due after more than one
year

4

1,959,504

2,032,488

NET ASSETS

170,181

222,734

CAPITAL AND RESERVES

Called up share capital

5

1

Profit and loss account

170,180

222,733

SHAREHOLDERS' FUNDS

170,181

222,734

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges

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 25 August 2016 and were signed by:

Z A Nazir - 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 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.

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2014

2,213,955

Additions

1,814

Disposals

(15,000

)

At 30 November 2015

2,200,769

DEPRECIATION

At 1 December 2014

22,801

Charge for year

6,896

Eliminated on disposal

(5,400

)

At 30 November 2015

24,297

NET BOOK VALUE

At 30 November 2015

2,176,472

At 30 November 2014

2,191,154

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 147,574 (2014 - £ 193,104 )

4.

CREDITORS

Creditors include the following debts falling due in more than five years:

2015

2014

£

Repayable otherwise than by instalments

1,411,783

1,464,869

Repayable by instalments

547,721

567,619

1,959,504

2,032,488

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

1