CONNAUGHT LAW LIMITED

CONNAUGHT LAW LIMITED

CONNAUGHT LAW LIMITED - Company Information

Print Friendly Version

CONNAUGHT LAW LIMITED

Company Registration Number:
10595036 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2018

Period of accounts

Start date: 01 February 2017

End date: 30 April 2018

CONNAUGHT LAW LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2018

Balance sheet
Notes

CONNAUGHT LAW LIMITED

Balance sheet

As at 30 April 2018


Notes
15 months to 30 April 2018


£
Fixed assets
Tangible assets: 2 66,906
Total fixed assets: 66,906
Current assets
Stocks: 92,455
Debtors:   34,951
Cash at bank and in hand: 192
Total current assets: 127,598
Creditors: amounts falling due within one year:   (140,357)
Net current assets (liabilities): (12,759)
Total assets less current liabilities: 54,147
Creditors: amounts falling due after more than one year:   (14,910)
Total net assets (liabilities): 39,237
Capital and reserves
Called up share capital: 1,000
Profit and loss account: 38,237
Shareholders funds: 39,237

The notes form part of these financial statements

CONNAUGHT LAW LIMITED

Balance sheet statements

For the year ending 30 April 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 28 October 2018
and signed on behalf of the board by:

Name: Nauman Javid
Status: Director

The notes form part of these financial statements

CONNAUGHT LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Company policy not to depreciate assests in the year of purchase. After that depreciation will be 25% on WDV. Furniture, fixture and fittings 25% on WDV

CONNAUGHT LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2018

2. Tangible Assets

Total
Cost £
Additions 66,906
At 30 April 2018 66,906
Depreciation
Charge for year 0
At 30 April 2018 0
Net book value
At 30 April 2018 66,906