J A Leask Architects Ltd Small abridged accounts
J A Leask Architects Ltd Small abridged accounts
Statement of Consent to Prepare Abridged Financial Statements |
COMPANY REGISTRATION NUMBER:
SC419796
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Abridged Financial Statements |
Year ended 31 March 2017
Contents |
Page |
Chartered accountant's report to the director on the preparation of the unaudited statutory abridged financial statements |
1 |
Abridged statement of financial position |
2 |
Notes to the abridged financial statements |
4 |
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Chartered Accountant's Report to the Director on the Preparation of the Unaudited Statutory Abridged Financial Statements of
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Year ended 31 March 2017
48 Court Street
Haddington
East Lothian
EH41 3NP
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Abridged Statement of Financial Position |
2017 |
2016 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Debtors |
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Cash at bank and in hand |
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-------- |
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Creditors: amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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-------- |
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Member funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The member has not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476
;
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements
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Abridged Statement of Financial Position (continued) |
These abridged financial statements were approved by the
board of directors
and authorised for issue on
21 December 2017
, and are signed on behalf of the board by:
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Director |
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Company registration number:
SC419796
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Notes to the Abridged Financial Statements |
Year ended 31 March 2017
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 22C Royal Crescent, Edinburgh, Midlothian, EH3 6QA, Scotland.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 April 2015. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 8.
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and Fittings |
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Office equipment |
- |
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Impairment of fixed assets
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
5
(2016:
4
).
5.
Tangible assets
£ |
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Cost |
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At 1 April 2016 |
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Additions |
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Disposals |
(
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At 31 March 2017 |
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Depreciation |
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At 1 April 2016 |
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Charge for the year |
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Disposals |
(
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At 31 March 2017 |
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Carrying amount |
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At 31 March 2017 |
8,649 |
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At 31 March 2016 |
9,410 |
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6.
Director's advances, credits and guarantees
At the year end the company owed Mr Kelman £
150
(2016: £ 894
).
7.
Related party transactions
The company was under the control of Mr
M Kelman
throughout the current and previous year. Mr M Kelman
is the managing director and sole shareholder. No transactions with related parties were undertaken such as are required to be disclosed under FRS102.
8.
Transition to FRS 102
These are the first abridged financial statements that comply with FRS 102. The company transitioned to FRS 102 on 1 April 2015.
No transitional adjustments were required in equity or profit or loss for the year.