Richard Wilson Solicitors Limited - Abbreviated accounts 16.3
Richard Wilson Solicitors Limited - Abbreviated accounts 16.3
| REGISTERED NUMBER: |
| Abbreviated Accounts for the Year Ended 31 March 2016 |
| for |
| Richard Wilson Solicitors Limited |
| Richard Wilson Solicitors Limited (Registered number: 05393894) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 31 March 2016 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Richard Wilson Solicitors Limited |
| Company Information |
| for the Year Ended 31 March 2016 |
| DIRECTORS: |
| SECRETARIES: |
| J B Howell-Pryce |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Richard Wilson Solicitors Limited (Registered number: 05393894) |
| Abbreviated Balance Sheet |
| 31 March 2016 |
| 2016 | 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 ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Share premium |
| Other reserves |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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: |
| Richard Wilson Solicitors Limited (Registered number: 05393894) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 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 is the value of services, net of value added tax, provided to customers during the year. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of former businesses, is amortised |
| in equal instalments over 10 years, being the directors' estimate of its useful economic life. |
| 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. |
| 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 April 2015 |
| and 31 March 2016 |
| AMORTISATION |
| At 1 April 2015 |
| Amortisation for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| Richard Wilson Solicitors Limited (Registered number: 05393894) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 31 March 2016 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 April 2015 |
| Additions |
| At 31 March 2016 |
| DEPRECIATION |
| At 1 April 2015 |
| Charge for year |
| At 31 March 2016 |
| NET BOOK VALUE |
| At 31 March 2016 |
| At 31 March 2015 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: Class Nominal Value: 2016 2015 |
| £ £ |
| 30 A Ordinary £1 30 30 |
| 32 B Ordinary £1 32 64 |
| 104 C Ordinary £1 104 88 |
| 42 D Ordinary £1 42 34 |
| 62 E Ordinary £1 62 54 |
| 14 F Ordinary £1 14 14 |
| 284 270 |
| 5. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| As at 31 March 2016 the company was owed by a director £11,475 (2015 : £26,005). During the year |
| the company made advances totalling £61,994 and received repayments totalling £76,524. This loan |
| has no fixed repayment terms and is interest free. The maximum amount outstanding during the year |
| was £44,763. |
| As at 31 March 2016 the Company was owed by a director £10,058 (2015 : £23,386). During the year |
| the company made advances totalling £67,012 and received repayments totalling £80,340. This loan |
| has no fixed repayment terms and is interest free. The maximum amount outstanding during the year |
| was £32,025. |
| As at 31 March 2016 the company was owed by a director £48,048 (2015 : £45,448). During the year |
| the company made advances totalling £48,240 and received repayments totalling £45,640. This loan |
| has no fixed repayment terms and is interest free. The maximum amount outstanding during the year |
| was £60,658. |
| . |