Booth Lynch & Co Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09129459 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2016 TO 31 AUGUST 2017

FOR

BOOTH LYNCH & CO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Booth

REGISTERED OFFICE:

4 The Dell

Woodlaithes Village

Rotherham

S66 3ZQ

REGISTERED NUMBER:

09129459 (England and Wales)

ACCOUNTANTS:

Booth Lynch & Co Limited

4 The Dell

Woodlaithes Village

Rotherham

S66 3ZQ

FIXED ASSETS

Tangible assets

4

1,068

1,363

CURRENT ASSETS

Debtors

5

17,286

13,611

Cash at bank

5,059

835

22,345

14,446

CREDITORS

Amounts falling due within one year

6

19,671

11,728

NET CURRENT ASSETS

2,674

2,718

TOTAL ASSETS LESS CURRENT LIABILITIES

3,742

4,081

CREDITORS

Amounts falling due after more than one year

7

-

(117

)

PROVISIONS FOR LIABILITIES

(82

)

(110

)

NET ASSETS

3,660

3,854

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

3,659

3,853

SHAREHOLDERS' FUNDS

3,660

3,854

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

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

The director acknowledges his 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 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 director on 31 May 2018 and were signed by:

N J Booth - Director

1.	STATUTORY INFORMATION

Booth Lynch & Co 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.

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% on reducing balance

Computer equipment

-

20% on 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2016

and 31 August 2017

575

1,680

2,255

DEPRECIATION

At 1 August 2016

210

682

892

Charge for period

79

216

295

At 31 August 2017

289

898

1,187

NET BOOK VALUE

At 31 August 2017

286

782

1,068

At 31 July 2016

365

998

1,363

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.7.16

£

£

Trade debtors

17,286

13,611

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.7.16

£

£

Bank loans and overdrafts

-

1,403

Taxation and social security

19,567

9,779

Other creditors

104

546

19,671

11,728

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.17

31.7.16

£

£

Bank loans

-

117

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N J Booth.