Lloyd & Lloyd Associates Limited - Period Ending 2016-05-31
Lloyd & Lloyd Associates Limited - Period Ending 2016-05-31
Registration number:
for the Year Ended
Lloyd & Lloyd Associates Limited
Contents
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Accountants' Report |
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Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.
Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Lloyd & Lloyd Associates Limited
for the Year Ended 31 May 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Lloyd & Lloyd Associates Limited for the year ended 31 May 2016 set out on pages 2 to 3 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 Board of Directors of Lloyd & Lloyd Associates Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Lloyd & Lloyd Associates Limited and state those matters that we have agreed to state to them, as a body, 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 Lloyd & Lloyd Associates Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Lloyd & Lloyd Associates Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Lloyd & Lloyd Associates Limited. You consider that Lloyd & Lloyd Associates 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 accounts of Lloyd & Lloyd Associates 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 accounts.
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Coates and Partners Limited
Chartered Accountants
The Old Vicarage
51 St John Street
Ashbourne
Derbyshire
DE6 1GP
27 February 2017
Lloyd & Lloyd Associates Limited
(Registration number: 08061855)
Abbreviated Balance Sheet as at 31 May 2016
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Note |
2016 |
2015 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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For the year ending 31 May 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
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Mr J D Lloyd
Director
Lloyd & Lloyd Associates Limited
Notes to the Abbreviated Accounts
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Accounting policies |
Turnover
Turnover represents amounts chargeable, net of value added tax calculated using the flat rate scheme, in respect of the sale of goods and services to customers.
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Fixed assets |
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Tangible assets |
Total |
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Cost |
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At 1 June 2015 |
1,995 |
1,995 |
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Additions |
1,159 |
1,159 |
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At 31 May 2016 |
3,154 |
3,154 |
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Depreciation |
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At 1 June 2015 |
1,744 |
1,744 |
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Charge for the year |
266 |
266 |
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At 31 May 2016 |
2,010 |
2,010 |
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Net book value |
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At 31 May 2016 |
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At 31 May 2015 |
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Share capital |
Allotted, called up and fully paid shares
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2016 |
2015 |
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No. |
£ |
No. |
£ |
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100 |
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100 |
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Control |
The directors are the controlling party by virtue of their controlling shareholding in the company.