H C Bolton Legal Services Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09015148 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 April 2016

for

H C Bolton Legal Services Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Accountants' Report

5

DIRECTOR:

Ms HM Bolton

REGISTERED OFFICE:

158 Beresford Road

Ely

Cambridgeshire

CB6 3WD

REGISTERED NUMBER:

09015148 (England and Wales)

ACCOUNTANTS:

Tracy Newman & Co Limited

Chartered Accountant

7a Market Place

Ely

Cambridgeshire

CB7 4NP

FIXED ASSETS

Tangible assets

2

1,627

2,292

CURRENT ASSETS

Debtors

9,585

4,363

Prepayments and accrued income

51,486

65

Cash at bank

45,736

37,039

106,807

41,467

CREDITORS

Amounts falling due within one year

36,408

13,953

NET CURRENT ASSETS

70,399

27,514

TOTAL ASSETS LESS CURRENT LIABILITIES

72,026

29,806

PROVISIONS FOR LIABILITIES

326

459

NET ASSETS

71,700

29,347

CAPITAL AND RESERVES

Called up share capital

3

1

1

Profit and loss account

71,699

29,346

SHAREHOLDERS' FUNDS

71,700

29,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 30 October 2016 and were signed by:

Ms HM Bolton - 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).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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.

Plant and machinery

-

25% on cost

Office furniture

-

25% on cost

Deferred tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in

periods different from those in which they are included in the company's accounts. Deferred tax is provided in

full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date,

at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and

laws.

Deferred tax assets are recognised to the extent that it is regarded as more likely than not that they will be

recovered. Deferred tax assets and liabilities are not discounted.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 May 2015

and 30 April 2016

2,657

DEPRECIATION

At 1 May 2015

365

Charge for year

665

At 30 April 2016

1,030

NET BOOK VALUE

At 30 April 2016

1,627

At 30 April 2015

2,292

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.16

30.4.15

value:

£

£

1

Ordinary

£1

1

1

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Advance to director

During the year ended 30 April 2016 the director, Ms HM Bolton, was granted a loan facility of £10,000

(2015: £1,500). The maximum amount outstanding during the year was £9,580 (2015: £1,076). The total

amounts withdrawn during the year were £21,116; the total amounts paid back during the year were £12,585.

At 30 April 2016 the director, Ms HM Bolton, owed the company £9,514 (2015: £983). The loan was

interest-free and repaid in full on 20 October 2016.

5.	ULTIMATE CONTROLLING PARTY

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 H C Bolton Legal Services Limited for the year ended 30 April 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 H C Bolton Legal Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of H C Bolton Legal Services Limited and state those matters that we have agreed to state to the director of H C Bolton Legal Services 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 H C Bolton Legal Services 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 H C Bolton Legal Services Limited. You consider that H C Bolton Legal Services 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 H C Bolton Legal Services 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.

Tracy Newman & Co Limited

Chartered Accountant

7a Market Place

Ely

Cambridgeshire

CB7 4NP

30 October 2016