ABBEY SOLICITORS LIMITED

ABBEY SOLICITORS LIMITED

ABBEY SOLICITORS LIMITED - Company Information

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ABBEY SOLICITORS LIMITED

Company Registration Number:
06404593 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2018

Period of accounts

Start date: 01 April 2017

End date: 31 March 2018

ABBEY SOLICITORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2018

Balance sheet
Notes

ABBEY SOLICITORS LIMITED

Balance sheet

As at 31 March 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 28,847 406
Total fixed assets: 28,847 406
Current assets
Stocks: 300,000 300,000
Debtors:   768,891 612,559
Cash at bank and in hand: 653,448 1,521,022
Total current assets: 1,722,339 2,433,581
Creditors: amounts falling due within one year:   (916,243) (1,263,438)
Net current assets (liabilities): 806,096 1,170,143
Total assets less current liabilities: 834,943 1,170,549
Total net assets (liabilities): 834,943 1,170,549
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 834,843 1,170,449
Shareholders funds: 834,943 1,170,549

The notes form part of these financial statements

ABBEY SOLICITORS LIMITED

Balance sheet statements

For the year ending 31 March 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 July 2018
and signed on behalf of the board by:

Name: Nadeem Ullah
Status: Director

The notes form part of these financial statements

ABBEY SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the fees invoiced in the year for the supply of legal services.

Tangible fixed assets and depreciation policy

Fixed assets have been depreciated at a rate of 25% per annum using the straight-line method.

ABBEY SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2018

2. Tangible Assets

Total
Cost £
At 01 April 2017 22,179
Additions 34,109
At 31 March 2018 56,288
Depreciation
At 01 April 2017 21,773
Charge for year 5,668
At 31 March 2018 27,441
Net book value
At 31 March 2018 28,847
At 31 March 2017 406