P A Cobb Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06733836 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2018

for

P A Cobb Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P A Cobb

REGISTERED OFFICE:

c/o Rothera Sharp Solicitors

2 Kayes Walk

The Lace Market

Nottingham

NG1 1PZ

REGISTERED NUMBER:

06733836 (England and Wales)

ACCOUNTANTS:

Franklin Underwood

1 Pinnacle Way

Pride Park

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Intangible assets

4

91,666

101,666

CURRENT ASSETS

Debtors

5

106,045

94,010

Cash at bank

566

473

106,611

94,483

CREDITORS

Amounts falling due within one year

6

124,380

136,757

NET CURRENT LIABILITIES

(17,769

)

(42,274

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,897

59,392

CREDITORS

Amounts falling due after more than one year

7

40,000

40,000

NET ASSETS

33,897

19,392

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

33,896

19,391

SHAREHOLDERS' FUNDS

33,897

19,392

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 director acknowledges his 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 25 January 2019 and were signed by:

Mr P A Cobb - Director

1.	STATUTORY INFORMATION

P A Cobb 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 represents the company's share of the profits of the partnership Rothera Sharp Solicitors.

Goodwill

Purchased goodwill is amortised at rates calculated to write off the assets on a straight line basis over their

estimated useful economic lives as follows:

Goodwill - Twenty 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2017

and 31 May 2018

200,000

AMORTISATION

At 1 June 2017

98,334

Charge for year

10,000

At 31 May 2018

108,334

NET BOOK VALUE

At 31 May 2018

91,666

At 31 May 2017

101,666

Goodwill arose on the purchase of the company's share in Rothera Sharp Solicitors.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Due from Rothera Sharp

106,045

94,010

Other than as stated under directors loan account above, none of the above amounts related to amounts due from

the director or shareholder of the company either directly or indirectly.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Tax

14,510

10,936

Other creditors

109,126

125,107

Accruals and deferred income

744

714

124,380

136,757

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2018

2017

£

£

Bank loans - 1-5 years

40,000

40,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

Ordinary

£1

1

1