Registration number:
for the Year Ended
The Legal Practice Limited
Contents
Accountants' Report |
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Abbreviated Balance Sheet |
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Notes to the Abbreviated Accounts |
The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4 ) have been prepared.
Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Legal Practice Limited
for the Year Ended 30 April 2016
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Legal Practice Limited for the year ended 30 April 2016 set out on pages XX from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of The Legal Practice Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Legal Practice Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Legal Practice Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Legal Practice Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Legal Practice Limited. You consider that The Legal Practice Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Legal Practice Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Cameron & Associates Limited
35-37 Lowlands Road
Harrow-on-the-Hill
Middlesex
HA1 3AW
31 January 2017
The Legal Practice Limited
(Registration number: 05097243)
Abbreviated Balance Sheet as at 30 April 2016
Note |
2016 |
2015 |
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Fixed assets |
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Intangible assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets/(liabilities) |
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( |
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Total assets less current liabilities |
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Accruals and deferred income |
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( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders funds |
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Approved by the director on
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N Mandair
Director
The Legal Practice Limited
Notes to the Abbreviated Accounts
Accounting policies |
Turnover
Goodwill
Intangible assets
Depreciation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class |
Depreciation method and rate |
Plant and machinery etc |
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Investment properties
The Legal Practice Limited
Notes to the Abbreviated Accounts
Fixed assets |
Intangible assets |
Tangible assets |
Total |
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Cost |
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At 1 May 2015 |
30,000 |
32,601 |
62,601 |
Additions |
- |
5,548 |
5,548 |
At 30 April 2016 |
30,000 |
38,149 |
68,149 |
Depreciation |
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At 1 May 2015 |
12,875 |
21,647 |
34,522 |
Charge for the year |
1,500 |
4,126 |
5,626 |
At 30 April 2016 |
14,375 |
25,773 |
40,148 |
Net book value |
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At 30 April 2016 |
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At 30 April 2015 |
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Share capital |
Allotted, called up and fully paid shares
2016 |
2015 |
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No. |
£ |
No. |
£ |
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1 |
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1 |
Control |
The director is the controlling party by virtue of her controlling shareholding in the company.