STEPHEN CHAMBERS SOLICITORS LIMITED

STEPHEN CHAMBERS SOLICITORS LIMITED

STEPHEN CHAMBERS SOLICITORS LIMITED - Company Information

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STEPHEN CHAMBERS SOLICITORS LIMITED

Company Registration Number:
NI602985 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2020

Period of accounts

Start date: 01 August 2019

End date: 31 July 2020

STEPHEN CHAMBERS SOLICITORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2020

Balance sheet
Notes

STEPHEN CHAMBERS SOLICITORS LIMITED

Balance sheet

As at 31 July 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 258,000 279,500
Tangible assets: 4 172,993 177,088
Total fixed assets: 430,993 456,588
Current assets
Stocks: 8,500 10,000
Debtors:   324,496 326,316
Cash at bank and in hand: 355,844 990,772
Total current assets: 688,840 1,327,088
Creditors: amounts falling due within one year:   (567,951) (1,230,448)
Net current assets (liabilities): 120,889 96,640
Total assets less current liabilities: 551,882 553,228
Creditors: amounts falling due after more than one year:     (29,723)
Total net assets (liabilities): 551,882 523,505
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 551,881 523,504
Shareholders funds: 551,882 523,505

The notes form part of these financial statements

STEPHEN CHAMBERS SOLICITORS LIMITED

Balance sheet statements

For the year ending 31 July 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2021
and signed on behalf of the board by:

Name: Stephen Chambers
Status: Director

The notes form part of these financial statements

STEPHEN CHAMBERS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

STEPHEN CHAMBERS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

2. Employees

2020 2019
Average number of employees during the period 10 11

STEPHEN CHAMBERS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

3. Intangible Assets

Total
Cost £
At 01 August 2019 430,000
At 31 July 2020 430,000
Amortisation
At 01 August 2019 150,500
Charge for year 21,500
At 31 July 2020 172,000
Net book value
At 31 July 2020 258,000
At 31 July 2019 279,500

STEPHEN CHAMBERS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2020

4. Tangible Assets

Total
Cost £
At 01 August 2019 256,790
At 31 July 2020 256,790
Depreciation
At 01 August 2019 79,702
Charge for year 4,095
At 31 July 2020 83,797
Net book value
At 31 July 2020 172,993
At 31 July 2019 177,088