Company Registration No. 8495473 (England and Wales)
S & R Associates Ltd
Unaudited accounts
for the year ended 31 March 2019
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
S & R Associates Ltd
for the year ended 31 March 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
S & R Associates Ltd for the year ended
31 March 2019 as set out on pages
3 -
5 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html
This report is made solely to the Board of Directors of S & R Associates Ltd, as a body, in accordance with the terms of our engagement letter dated 18 April 2013. Our work has been undertaken solely to prepare for your approval the accounts of S & R Associates Ltd and state those matters that we have agreed to state to the Board of Directors of S & R Associates Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than S & R Associates Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that S & R Associates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of S & R Associates Ltd. You consider that S & R Associates Ltd 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 S & R Associates Ltd. 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.
Lewis Associates
Chartered Certified Accountants
28 Rosslyn Hill
Hampstead
London
NW3 1NH
26 April 2019
S & R Associates Ltd
Statement of financial position
as at
31 March 2019
Cash at bank and in hand
2,867
33,908
Creditors: amounts falling due within one year
(1,859)
(1,004)
Net current assets
1,008
42,904
Called up share capital
6
50,006
Profit and loss account
1,002
11,026
Shareholders' funds
1,008
61,032
For the year ending 31 March 2019 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 26 April 2019.
R Pais
Director
Company Registration No. 8495473
S & R Associates Ltd
Notes to the Accounts
for the year ended 31 March 2019
S & R Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 8495473. The registered office is 28a Rosslyn Hill, Hampstead, London, NW3 1NH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2018
7,000
14,785
21,785
Disposals
(7,000)
(14,785)
(21,785)
At 1 April 2018
700
2,957
3,657
On disposals
(700)
(2,957)
(3,657)
At 31 March 2018
6,300
11,828
18,128
S & R Associates Ltd
Notes to the Accounts
for the year ended 31 March 2019
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
1,249
-
Other creditors
610
1,004
7
Average number of employees
During the year the average number of employees was 4 (2018: 4).