H & C Lawyers Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06478778 (England and Wales)

H & C Lawyers Limited

Unaudited Financial Statements for the Year Ended 31 May 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr S Haggett

Ms S Whyte

SECRETARY:

Ms S Whyte

REGISTERED OFFICE:

19 Plymouth Road

Tavistock

Devon

PL19 8AU

REGISTERED NUMBER:

06478778 (England and Wales)

ACCOUNTANTS:

Haines Watts Exeter LLP

3 Southernhay West

Exeter

Devon

EX1 1JG

FIXED ASSETS

Tangible assets

5

767

1,682

CURRENT ASSETS

Cash at bank and in hand

35,940

2,068

CREDITORS

Amounts falling due within one year

6

(29,154

)

(10,457

)

NET CURRENT ASSETS/(LIABILITIES)

6,786

(8,389

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,553

(6,707

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7,453

(6,807

)

SHAREHOLDERS' FUNDS

7,553

(6,707

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 26 November 2018 and were signed on its behalf by:

Ms S Whyte - Director

Mr S Haggett - Director

1.	STATUTORY INFORMATION

H & C Lawyers 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Turnover is recognised on the provision of services provided.

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

-

20% straight line

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2017

and 31 May 2018

4,576

DEPRECIATION

At 1 June 2017

2,894

Charge for year

915

At 31 May 2018

3,809

NET BOOK VALUE

At 31 May 2018

767

At 31 May 2017

1,682

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

455

-

Tax

3,482

454

VAT

2,486

1,880

Other creditors

20,955

6,347

Accruals and deferred income

1,776

1,776

29,154

10,457

7.	RELATED PARTY DISCLOSURES

Related entity

Included in creditors within one is year is a loan with a related entity of £20,955 (2017 £6,347). The

loan is interest free and repayable on demand.