Annecto Legal Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 08370254 (England and Wales)

Financial Statements for the Year Ended 31 January 2017

for

Annecto Legal Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M J Beaumont

S M Dunscombe

S J Brindley

P A Hayes

REGISTERED OFFICE:

Abbey House

Clarendon Road

Redhill

Surrey

RH1 1QZ

REGISTERED NUMBER:

08370254 (England and Wales)

ACCOUNTANTS:

LJP Accounting Ltd

Barn Studios

Gaterounds

Parkgate Road

Newdigate

Surrey

RH5 5AJ

FIXED ASSETS

Tangible assets

4

1,605

717

Investments

5

11

11

1,616

728

CURRENT ASSETS

Debtors

6

34,106

22,210

Cash at bank

20,244

9,556

54,350

31,766

CREDITORS

Amounts falling due within one year

7

71,399

50,807

NET CURRENT LIABILITIES

(17,049

)

(19,041

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(15,433

)

(18,313

)

PROVISIONS FOR LIABILITIES

321

143

NET LIABILITIES

(15,754

)

(18,456

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(15,854

)

(18,556

)

SHAREHOLDERS' FUNDS

(15,754

)

(18,456

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2017 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 16 October 2017 and were signed on its behalf by:

S M Dunscombe - Director

1.	STATUTORY INFORMATION

Annecto Legal Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

Revenue is recognised when the company fulfils its contractual obligations to customers by supplying goods or

services.

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 etc

-

25% on reducing balance and 25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Going concern

These financial statements have been prepared on a going concern basis. The company is dependent on the

support of the directors. The directors have confirmed that they will continue to support the company and

therefore the going concern basis is believed to be appropriate. The financial statements do not include any

adjustment that might be necessary if the support were withdrawn.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2016

1,117

Additions

1,458

At 31 January 2017

2,575

DEPRECIATION

At 1 February 2016

400

Charge for year

570

At 31 January 2017

970

NET BOOK VALUE

At 31 January 2017

1,605

At 31 January 2016

717

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2016

and 31 January 2017

11

NET BOOK VALUE

At 31 January 2017

11

At 31 January 2016

11

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

18,968

8,519

Amounts owed by group undertakings

1,133

1,989

Other debtors

14,005

11,702

34,106

22,210

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

62,294

33,406

Amounts owed to group undertakings

1

-

Taxation and social security

6,396

2,215

Other creditors

2,708

15,186

71,399

50,807