FERGUSON ROSE SOLICITORS LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 07710112 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 JULY 2016

FOR

FERGUSON ROSE SOLICITORS LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Accountants' Report

4

DIRECTOR:

Mrs D Ferguson

SECRETARY:

REGISTERED OFFICE:

Suite 437 Fourth Floor Houldsworth Mill

Houldsworth Street

Reddish

Stockport

Cheshire

SK5 6DA

REGISTERED NUMBER:

07710112 (England and Wales)

ACCOUNTANTS:

V.F.MATHER & CO CHARTERED ACCOUNTANTS

4 HOULDSWORTH SQUARE

REDDISH

STOCKPORT

Cheshire

SK5 7AF

FIXED ASSETS

Tangible assets

2

717

271

CURRENT ASSETS

Stocks

2,324

3,608

Debtors

5,892

4,427

Cash at bank

29,443

41,432

37,659

49,467

CREDITORS

Amounts falling due within one year

19,155

28,231

NET CURRENT ASSETS

18,504

21,236

TOTAL ASSETS LESS CURRENT
LIABILITIES

19,221

21,507

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

19,220

21,506

SHAREHOLDERS' FUNDS

19,221

21,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 4 April 2017 and were signed by:

Mrs D Ferguson - Director

1.	ACCOUNTING POLICIES

Accounting convention

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

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 August 2015

416

Additions

716

At 31 July 2016

1,132

DEPRECIATION

At 1 August 2015

145

Charge for year

270

At 31 July 2016

415

NET BOOK VALUE

At 31 July 2016

717

At 31 July 2015

271

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.16

31.7.15

value:

£

1

Ordinary

£1

1

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements, from which the unaudited abbreviated accounts (set out on pages two to three) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements

of FERGUSON ROSE SOLICITORS LTD for the year ended 31 July 2016 which comprise the Profit and Loss Account, the Balance

Sheet, and the related notes 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/rulebook.

This report is made solely to the director of FERGUSON ROSE SOLICITORS LTD in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of FERGUSON ROSE SOLICITORS LTD and state those matters that we have agreed to state to the director of FERGUSON ROSE SOLICITORS LTD in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that FERGUSON ROSE SOLICITORS LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of FERGUSON ROSE SOLICITORS LTD. You consider that FERGUSON ROSE SOLICITORS 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 financial statements of FERGUSON ROSE SOLICITORS 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 financial statements.

V.F.MATHER & CO CHARTERED ACCOUNTANTS

4 HOULDSWORTH SQUARE

REDDISH

STOCKPORT

Cheshire

SK5 7AF

4 April 2017