LGR Consultants Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 03846242 (England and Wales)

LGR CONSULTANTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST AUGUST 2017

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S H Galwey

Mrs S J Galwey

SECRETARY:

Mrs S J Galwey

REGISTERED OFFICE:

The Tyled House

23A High Street

Pembury

Tunbridge Wells

Kent

TN2 4PH

REGISTERED NUMBER:

03846242 (England and Wales)

ACCOUNTANTS:

Keelings Limited

Chartered Tax Advisers and

Chartered Certified Accountants

Broad House

1 The Broadway

Old Hatfield

Herts

AL9 5BG

BANKERS:

Cater Allen

9 Nelson street

Bradford

BD1 5AN

FIXED ASSETS

Tangible assets

3

219

326

Investments

4

12,785

12,785

13,004

13,111

CURRENT ASSETS

Debtors

12,500

12,500

Cash at bank

3,317

6,090

15,817

18,590

CREDITORS

Amounts falling due within one year

36,630

35,644

NET CURRENT LIABILITIES

(20,813

)

(17,054

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,809

)

(3,943

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

5

(7,909

)

(4,043

)

SHAREHOLDERS' FUNDS

(7,809

)

(3,943

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st August 2017 in accordance with Section 444(2A) of the Companies Act 2006.

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 17th November 2017 and were signed on its behalf by:

S H Galwey - Director

1.	STATUTORY INFORMATION

LGR Consultants 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added

tax and other sales taxes.

Turnover represents net invoiced sale of goods, excluding value added tax, together with consultancy fees earned.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that

it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively

enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in

which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted

or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be

recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st September 2016

and 31st August 2017

2,855

DEPRECIATION

At 1st September 2016

2,529

Charge for year

107

At 31st August 2017

2,636

NET BOOK VALUE

At 31st August 2017

219

At 31st August 2016

326

4.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2017

2016

£

£

Cost

12,785

12,785

5.

RESERVES

Retained

earnings

£

At 1st September 2016

(4,043

)

Deficit for the year

(3,866

)

At 31st August 2017

(7,909

)

6.	RELATED PARTY DISCLOSURES

S H Galwey

At the balance sheet date the company was indebted to the director S H Galwey £34,121 (2016: £33,136).