EasyLPA limited - Limited company accounts 17.3

REGISTERED NUMBER: 08023238 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

EASYLPA LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Miss K J L Traher

Miss G E V Traher

A D Traher

SECRETARY:

Miss K J L Traher

REGISTERED OFFICE:

28 Southway

Carshalton Beeches

Surrey

SM5 4HW

REGISTERED NUMBER:

08023238 (England and Wales)

ACCOUNTANTS:

Skingle Helps & Co

28 Southway

Carshalton Beeches

Surrey

SM5 4HW

The directors present their report with the financial statements of the company for the year ended 30 April 2017.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 May 2016 to the date of this report.

Miss K J L Traher

Miss G E V Traher

A D Traher

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

A D Traher - Director

13 October 2017

TURNOVER

14,888

11,719

Cost of sales

6,393

-

GROSS PROFIT

8,495

11,719

Administrative expenses

6,221

6,085

OPERATING PROFIT

3

2,274

5,634

Interest receivable and similar income

25

26

PROFIT BEFORE TAXATION

2,299

5,660

Tax on profit

504

851

PROFIT FOR THE FINANCIAL YEAR

1,795

4,809

FIXED ASSETS

Tangible assets

4

231

461

CURRENT ASSETS

Cash at bank and in hand

4,250

6,538

CREDITORS

Amounts falling due within one year

5

2,693

3,004

NET CURRENT ASSETS

1,557

3,534

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,788

3,995

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

1,787

3,994

SHAREHOLDERS' FUNDS

1,788

3,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 October 2017 and were signed on its behalf by:

A D Traher - Director

1.	STATUTORY INFORMATION

EasyLPA 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.

The financial statements have been prepared on a going concern basis. The directors consider this to be

appropriate. At the year end, directors' loans to the company amounted to £1,700. The directors do not

anticipate removing their support from the company for the foreseeable future.

Turnover

Turnover represents the value of services provided during the year, excluding value added tax.

Turnover is recognised when the services are delivered to the customer. Un-invoiced services at the year end

are included in accrued income. Invoiced services which remain unpaid at the year end are included in debtors.

Where customers pay in advance for services, the amount is recorded as deferred income until the service has

been delivered.

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

-

33% on cost

3.	OPERATING PROFIT

The operating profit is stated after charging:

2017

2016

£

Depreciation - owned assets

230

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

and 30 April 2017

691

DEPRECIATION

At 1 May 2016

230

Charge for year

230

At 30 April 2017

460

NET BOOK VALUE

At 30 April 2017

231

At 30 April 2016

461

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

Taxation and social security

506

877

Other creditors

2,187

2,127

2,693

3,004

6.	RELATED PARTY DISCLOSURES

During the year, total dividends of £4,002 were paid to the directors .

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A D Traher.