Goldstein Legal Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08923224 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

GOLDSTEIN LEGAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Goldstein

C A Newman

M P S Beason

S N Pattinson

SECRETARY:

C A Newman

REGISTERED OFFICE:

11 High Street

Windsor

Berkshire

SL4 1LD

REGISTERED NUMBER:

08923224 (England and Wales)

ACCOUNTANTS:

d&t

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

FIXED ASSETS

Intangible assets

4

3,108

6,216

Tangible assets

5

8,931

10,443

12,039

16,659

CURRENT ASSETS

Stocks

211

1,000

Debtors

6

75,628

66,154

Cash at bank and in hand

50

30

75,889

67,184

CREDITORS

Amounts falling due within one year

7

67,794

50,171

NET CURRENT ASSETS

8,095

17,013

TOTAL ASSETS LESS CURRENT LIABILITIES

20,134

33,672

CREDITORS

Amounts falling due after more than one year

8

-

(8,333

)

PROVISIONS FOR LIABILITIES

(1,696

)

(1,396

)

NET ASSETS

18,438

23,943

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

10

18,338

23,843

SHAREHOLDERS' FUNDS

18,438

23,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 24 August 2018 and were signed on its behalf by:

R J Goldstein - Director

1.	STATUTORY INFORMATION

Goldstein Legal 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.

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 five 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.

Plant and machinery etc

-

25% straight line basis

Work in progress

Work in progress is valued on billable time costs not yet invoiced, net of any value added taxes.

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.

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 (2017 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

15,540

AMORTISATION

At 1 April 2017

9,324

Charge for year

3,108

At 31 March 2018

12,432

NET BOOK VALUE

At 31 March 2018

3,108

At 31 March 2017

6,216

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2017

12,185

Additions

2,014

Disposals

(560

)

At 31 March 2018

13,639

DEPRECIATION

At 1 April 2017

1,742

Charge for year

3,234

Eliminated on disposal

(268

)

At 31 March 2018

4,708

NET BOOK VALUE

At 31 March 2018

8,931

At 31 March 2017

10,443

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

37,668

39,721

Other debtors

37,960

26,433

75,628

66,154

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Bank loans and overdrafts

17,994

4,908

Trade creditors

18,095

8,968

Taxation and social security

18,532

21,374

Other creditors

13,173

14,921

67,794

50,171

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Other creditors

-

8,333

9.	LEASING AGREEMENTS

At 31st March 2018, the company had total commitments under non-cancellable operating leases over

the remaining life of those leases of £85,105 (2017:£111,291).

10.

RESERVES

Retained

earnings

£

At 1 April 2017

23,843

Deficit for the year

(3,303

)

Dividends

(2,202

)

At 31 March 2018

18,338

11.	RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market

conditions.