Nabarro McAllister & Co Limited - Accounts to registrar (filleted) - small 17.3
Nabarro McAllister & Co Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2017 |
| FOR |
| NABARRO MCALLISTER & CO LIMITED |
| NABARRO MCALLISTER & CO LIMITED (REGISTERED NUMBER: 04657451) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| NABARRO MCALLISTER & CO LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 JUNE 2017 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 4th Floor, Stockdale House |
| Headingley Office Park |
| 8 Victoria Road |
| Leeds |
| LS6 1PF |
| NABARRO MCALLISTER & CO LIMITED (REGISTERED NUMBER: 04657451) |
| BALANCE SHEET |
| 30 JUNE 2017 |
| 2017 | 2016 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| NABARRO MCALLISTER & CO LIMITED (REGISTERED NUMBER: 04657451) |
| BALANCE SHEET - continued |
| 30 JUNE 2017 |
| 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 |
| NABARRO MCALLISTER & CO LIMITED (REGISTERED NUMBER: 04657451) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 JUNE 2017 |
| 1. | STATUTORY INFORMATION |
| Nabarro McAllister & Co Limited is a |
| The company's registered number and registered office address can be found on the Company Information page. |
| The principal activity of the Company in the year under review was that of Chartered Surveyors. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of goods and services, excluding value added tax as adjusted for the effect |
| of revenue recognition. In respect of service contracts turnover is recognised when the right to consideration has |
| been obtained through performance under each contract. Consideration accrues as contract activity progresses |
| by reference to the value of the work performed. |
| Goodwill |
| Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly |
| over its estimated useful life. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost |
| less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
| lease. |
| NABARRO MCALLISTER & CO LIMITED (REGISTERED NUMBER: 04657451) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2017 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 July 2016 |
| and 30 June 2017 |
| AMORTISATION |
| At 1 July 2016 |
| Charge for year |
| At 30 June 2017 |
| NET BOOK VALUE |
| At 30 June 2017 |
| At 30 June 2016 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2016 |
| Additions |
| At 30 June 2017 |
| DEPRECIATION |
| At 1 July 2016 |
| Charge for year |
| At 30 June 2017 |
| NET BOOK VALUE |
| At 30 June 2017 |
| At 30 June 2016 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade debtors |
| Other debtors |
| NABARRO MCALLISTER & CO LIMITED (REGISTERED NUMBER: 04657451) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 JUNE 2017 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | RELATED PARTY DISCLOSURES |
| The balance on the directors current accounts as at 30th June 2017 were as follows: |
| S G Nabarro - £134,853 credit (2016: £197,080 debit) |
| J Horner - £4,975 credit (2016: £5,075 credit) |
| The above loans are interest free and there are no set terms of repayment. |
| During the year the company paid director Mr S G Nabarro rent of £20,029 (2016 - £19,000) for use of their |
| land and premises as office and storage. |
| The land and premises were bought from Mr S G Nabarro by the company on 9 March 2017 for £464,250 and |
| this amount was credited to his loan account. |
| 9. | FIRST YEAR ADOPTION |
| For all periods up to and including the year ended 30 June 2016, the company prepared its financial statements in |
| accordance with previously extant United Kingdom generally accepted accounting practice (UK GAAP). These |
| financial statements, for the year ended 30 June 2017, are the first the company has prepared in accordance with |
| FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
| Accordingly, the company has prepared individual financial statements which comply with FRS102 - The |
| Financial Reporting Standard applicable in the UK and Republic of Ireland applicable for periods beginning on |
| or after 1 January 2015 and the significant accounting policies meeting those requirements are described in the |
| relevant notes. |
| There are no adjustments to the carrying value of assets and liabilities on first adoption of FRS102. |