BOLLAND_AND_LOWE_LIMITED - Accounts

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bolland and Lowe Limited for the year ended 31 March 2017 which comprise the Balance Sheet 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 http://www.icaew.com/en/members/regulations-standards-and-guidance/

This report is made solely to the board of directors of Bolland and Lowe Limited, as a body, in accordance with the terms of our engagement letter dated 28 April 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Bolland and Lowe Limited and state those matters that we have agreed to state to the board of directors of Bolland and Lowe Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bolland and Lowe Limited and its board of directors as a body, for our work or for this report.

It is your duty to ensure that Bolland and Lowe Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bolland and Lowe Limited. You consider that Bolland and Lowe 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 financial statements of Bolland and Lowe 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 financial statements.

Mr J Lowe, a director and shareholder, owes the company £16,207 included in debtors (2016 £22,471). The maximum overdrawn balance during the year was £22,707. During the year £2,259 was withdrawn and £8,523 was repaid.

Mr J Bolland, a director and shareholder, owes the company £31,777 included in debtors (2016 £28,063). The maximum overdrawn balance during the year was £41,321. During the year £14,743 was withdrawn and £11,028 was repaid.

Bolland and Lowe Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, 5 Temple Square, Temple Street, Liverpool, Merseyside, L2 5RH.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 31 March 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.