Symon Smith & Partners Limited - Accounts to registrar (filleted) - small 17.3

Symon Smith & Partners Limited - Accounts to registrar (filleted) - small 17.3


IRIS Accounts Productionv17.3.0.106210069356Board of Directors17.3.1631.3.1731.3.17falsetruefalsefalsefalsetruefalseiso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure100693562016-03-16100693562017-03-31100693562016-03-172017-03-31100693562016-03-1610069356ns15:EnglandWales2016-03-172017-03-3110069356ns14:PoundSterling2016-03-172017-03-3110069356ns10:Director12016-03-172017-03-3110069356ns10:PrivateLimitedCompanyLtd2016-03-172017-03-3110069356ns10:SmallEntities2016-03-172017-03-3110069356ns10:AuditExempt-NoAccountantsReport2016-03-172017-03-3110069356ns10:SmallCompaniesRegimeForDirectorsReport2016-03-172017-03-3110069356ns10:SmallCompaniesRegimeForAccounts2016-03-172017-03-3110069356ns10:FullAccounts2016-03-172017-03-311006935612016-03-172017-03-3110069356ns10:Director22016-03-172017-03-3110069356ns10:Director32016-03-172017-03-3110069356ns10:Director42016-03-172017-03-3110069356ns10:RegisteredOffice2016-03-172017-03-3110069356ns5:CurrentFinancialInstruments2017-03-3110069356ns5:ShareCapital2017-03-3110069356ns5:RetainedEarningsAccumulatedLosses2017-03-3110069356ns5:NetGoodwill2016-03-172017-03-3110069356ns5:FurnitureFittings2016-03-172017-03-3110069356ns5:NetGoodwill2017-03-3110069356ns5:FurnitureFittings2017-03-3110069356ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-31


REGISTERED NUMBER: 10069356(England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017

FOR

SYMON SMITH & PARTNERS LIMITED

SYMON SMITH & PARTNERS LIMITED (REGISTERED NUMBER: 10069356)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SYMON SMITH & PARTNERS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017







DIRECTORS: A J Millinder
R Cole
M Anastasis
D A Lawrence





REGISTERED OFFICE: 7 St John's Road
Harrow
Middlesex
HA1 2EY





REGISTERED NUMBER: 10069356(England and Wales)





ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY

SYMON SMITH & PARTNERS LIMITED (REGISTERED NUMBER: 10069356)

BALANCE SHEET
31 MARCH 2017

Notes £    £   
FIXED ASSETS
Intangible assets 4 450,000
Tangible assets 5 2,755
452,755

CURRENT ASSETS
Debtors 6 27,778
Cash at bank and in hand 54,140
81,918
CREDITORS
Amounts falling due within one year 7 485,940
NET CURRENT LIABILITIES (404,022 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

48,733

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 48,633
48,733

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SYMON SMITH & PARTNERS LIMITED (REGISTERED NUMBER: 10069356)

BALANCE SHEET - continued
31 MARCH 2017


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 13 November 2017and were signed on its behalf by:





A J Millinder- Director


SYMON SMITH & PARTNERS LIMITED (REGISTERED NUMBER: 10069356)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017

1. STATUTORY INFORMATION

Symon Smith & Partners Limited is a private company, limited by shares, registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added
tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent
that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5.

SYMON SMITH & PARTNERS LIMITED (REGISTERED NUMBER: 10069356)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 500,000
At 31 March 2017 500,000
AMORTISATION
Amortisation for period 50,000
At 31 March 2017 50,000
NET BOOK VALUE
At 31 March 2017 450,000

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 3,444
At 31 March 2017 3,444
DEPRECIATION
Charge for period 689
At 31 March 2017 689
NET BOOK VALUE
At 31 March 2017 2,755

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 5,820
Other debtors 20,968
Prepayments and accrued income 990
27,778

SYMON SMITH & PARTNERS LIMITED (REGISTERED NUMBER: 10069356)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 17 MARCH 2016 TO 31 MARCH 2017

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 6,764
Tax 32,469
Social security and other taxes 3,659
VAT 14,978
Other creditors 37,524
Directors' current accounts 386,546
Accruals and deferred income 4,000
485,940