Lemon Grove Counselling & Therapy Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08175299 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2017

FOR

LEMON GROVE COUNSELLING & THERAPY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Centonze

Ms. S J Humphries

REGISTERED OFFICE:

Weekley Room

Broughton Grange

The Headlands

Kettering

Northamptonshire

NN15 6XA

REGISTERED NUMBER:

08175299 (England and Wales)

ACCOUNTANTS:

Jervis & Partners

135-137 Wellingborough Road

Rushden

Northamptonshire

NN10 9TE

FIXED ASSETS

Tangible assets

3

422

563

CURRENT ASSETS

Debtors

4

2,398

2,312

Cash at bank and in hand

1,588

2,985

3,986

5,297

CREDITORS

Amounts falling due within one year

5

4,380

3,754

NET CURRENT (LIABILITIES)/ASSETS

(394

)

1,543

TOTAL ASSETS LESS CURRENT LIABILITIES

28

2,106

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

26

2,104

SHAREHOLDERS' FUNDS

28

2,106

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

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

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 31 May 2018 and were signed on its behalf by:

M Centonze - Director

1.	STATUTORY INFORMATION

Lemon Grove Counselling & Therapy 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.

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

-

25% 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.

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.

3.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2016

and 31 August 2017

926

DEPRECIATION

At 1 September 2016

363

Charge for year

141

At 31 August 2017

504

NET BOOK VALUE

At 31 August 2017

422

At 31 August 2016

563

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other debtors

-

380

Directors' current accounts

2,018

1,552

Prepayments

380

380

2,398

2,312

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

42

-

Trade creditors

-

246

Tax

3,156

2,971

Directors' current accounts

516

47

Accruals and deferred income

666

490

4,380

3,754

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2017 and

31 August 2016:

2017

2016

£

£

Ms. S J Humphries

Balance outstanding at start of year

1,552

1,825

Amounts advanced

466

-

Amounts repaid

-

(273

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,018

1,552

7.	ULTIMATE CONTROLLING PARTY

The company has no overall controlling party.