Landau Law Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08876494 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

LANDAU LAW LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P S Landau

REGISTERED OFFICE:

Lloyds Chambers

1 Portsoken Street

5th Floor

London

London

E1 8BT

REGISTERED NUMBER:

08876494 (England and Wales)

ACCOUNTANTS:

Cube Partners Limited

Chartered Accountants

5 Giffard Court

Millbrook Close

Northampton

Northamptonshire

NN5 5JF

FIXED ASSETS

Intangible assets

4

42,220

48,252

Tangible assets

5

4,748

5,713

46,968

53,965

CURRENT ASSETS

Debtors

6

106,764

110,974

Cash at bank and in hand

523,443

277,494

630,207

388,468

CREDITORS

Amounts falling due within one year

7

131,610

125,728

NET CURRENT ASSETS

498,597

262,740

TOTAL ASSETS LESS CURRENT LIABILITIES

545,565

316,705

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

545,465

316,605

SHAREHOLDERS' FUNDS

545,565

316,705

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 7 March 2018 and were signed by:

P S Landau - Director

1.	STATUTORY INFORMATION

Landau Law 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 represents the net invoiced fees for services, excluding valued added tax

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

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

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

life.

Office equipment - 33% on cost.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2016

and 30 June 2017

60,315

AMORTISATION

At 1 July 2016

12,063

Amortisation for year

6,032

At 30 June 2017

18,095

NET BOOK VALUE

At 30 June 2017

42,220

At 30 June 2016

48,252

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 July 2016

9,385

Additions

3,182

At 30 June 2017

12,567

DEPRECIATION

At 1 July 2016

3,672

Charge for year

4,147

At 30 June 2017

7,819

NET BOOK VALUE

At 30 June 2017

4,748

At 30 June 2016

5,713

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

91,088

97,847

Other debtors

10,500

6,270

Prepayments and accrued income

5,176

6,857

106,764

110,974

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

2,094

1,565

Tax

68,286

64,171

Social security and other taxes

7,323

2,269

VAT

50,689

50,356

Directors' current accounts

2,018

6,167

Accrued expenses

1,200

1,200

131,610

125,728

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, Mr P Landau, a director and shareholder, was owed £2,018 (2016: £6,167) by the

company. There are no fixed terms of repayment nor is any interest payable on the loan.