CHRIS SCOTT ARCHITECTS LTD - Limited company accounts 16.3

REGISTERED NUMBER: 09887751 (England and Wales)

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS FOR THE PERIOD 25 NOVEMBER 2015 TO 30 NOVEMBER 2016

FOR

CHRIS SCOTT ARCHITECTS LTD

Page

Company Information

1

Report of the Director

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

C E Scott

REGISTERED OFFICE:

Unit C, Broomsleigh Business Park

Worsley Bridge Road

London

SE26 5BN

REGISTERED NUMBER:

09887751 (England and Wales)

ACCOUNTANTS:

Bennett & Co

Unit C

Broomsleigh Business Park

Worsley Bridge Road

London

SE26 5BN

The director presents his report with the financial statements of the company for the period 25 November 2015 to 30 November 2016.

INCORPORATION

The company was incorporated on 25 November 2015 and commenced trading on 7 December 2015.

DIVIDENDS

No interim dividend was paid during the period. The director recommends a final dividend of £20,000 per share.

The total distribution of dividends for the period ended 30 November 2016 will be £ 20,000 .

DIRECTOR

C E Scott was appointed as a director on 25 November 2015 and held office during the whole of the period from then to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

ON BEHALF OF THE BOARD:

C E Scott - Director

22 August 2017

TURNOVER

61,806

Administrative expenses

17,507

OPERATING PROFIT and

PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION

2

44,299

Tax on profit on ordinary activities

3

8,650

PROFIT FOR THE FINANCIAL PERIOD

35,649

FIXED ASSETS

Tangible assets

5

1,095

CURRENT ASSETS

Cash at bank

57,624

CREDITORS

Amounts falling due within one year

6

43,069

NET CURRENT ASSETS

14,555

TOTAL ASSETS LESS CURRENT LIABILITIES

15,650

CAPITAL AND RESERVES

Called up share capital

7

1

Profit and loss account

8

15,649

SHAREHOLDERS' FUNDS

15,650

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the director on 22 August 2017 and were signed by:

C E Scott - 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.

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.	OPERATING PROFIT

The operating profit is stated after charging:

£

Depreciation - owned assets

350

Director's remuneration

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the period was as follows:

£

Current tax:

UK corporation tax

8,650

Tax on profit on ordinary activities

8,650

4.

DIVIDENDS

£

Ordinary share of £1

Final

20,000

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

Additions

1,445

At 30 November 2016

1,445

DEPRECIATION

Charge for period

350

At 30 November 2016

350

NET BOOK VALUE

At 30 November 2016

1,095

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

1,213

Taxation and social security

8,650

Other creditors

33,206

43,069

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

1 Ordinary share of £1 was allotted and fully paid for cash at par during the period.

8.

RESERVES

Profit

and loss

account

£

Profit for the period

35,649

Dividends

(20,000

)

At 30 November 2016

15,649