true
Sultan Lloyd Solicitors Limited
07756481
2014-10-31
223262
130597
223362
130697
100
100
223362
130697
44864
47186
268226
177883
56346
-46807
352013
441867
408359
395060
330448
377736
77911
17324
211880
224690
204000
216000
7880
8690
Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Goodwill-Over 20 years
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date
where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to
receive more tax.
Fixed Assets
All fixed assets are initially recorded at cost.
Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
Fixtures & Fittings
Reducing Balance Method
0.2500
Equipment
Reducing Balance Method
0.2500
240000
240000
36000
24000
12000
16025
15100
925
8145
6410
1735
256025
255100
925
44145
30410
13735
Ordinary
100
1
100
100
Ordinary
1
100
100
100
The company was under the control of Ms N Sultana throughout the current
period. Ms N Sultana is the managing director and majority
shareholder.
At the period end the amount outstanding to Ms N Sultana included within other creditors was £4,585 (2013:£122,856). This amount that is made up of numerous transactions was the maximum owed to Ms N Sultana during the period.
Ms N Sultana has given a personal guarantee to the bank in respect of loans to the Company.
2015-08-26
Ms N Sultana
true
true
true
true
xbrli:shares
iso4217:GBP
xbrli:pure
Sultan Lloyd Solicitors Limited
2013-11-01
2014-10-31
Sultan Lloyd Solicitors Limited
2012-11-01
2013-10-31
Sultan Lloyd Solicitors Limited
2012-10-31
Sultan Lloyd Solicitors Limited
2013-10-31
Sultan Lloyd Solicitors Limited
2013-10-31
Sultan Lloyd Solicitors Limited
2014-10-31
2015-08-31