REGISTERED NUMBER: 06870385 (England and Wales)

A&G LEGAL ADVOCATES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Golden

REGISTERED OFFICE:

85-87 Bayham Street

Camden Town

London

NW1 0AG

REGISTERED NUMBER:

06870385 (England and Wales)

ACCOUNTANTS:

Kounnis And Partners Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

890

1,187

890

1,187

CURRENT ASSETS

Debtors

6

18,800

31,619

Cash at bank

139,926

85,832

158,726

117,451

CREDITORS

Amounts falling due within one year

7

34,059

65,505

NET CURRENT ASSETS

124,667

51,946

TOTAL ASSETS LESS CURRENT LIABILITIES

125,557

53,133

PROVISIONS FOR LIABILITIES

8

169

237

NET ASSETS

125,388

52,896

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

125,288

52,796

SHAREHOLDERS' FUNDS

125,388

52,896

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 11 September 2018 and were signed by:

Mr A Golden - Director

1.	STATUTORY INFORMATION

A&G Legal Advocates 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 2009, has been fully

amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

Fully depreciated

Computer equipment

-

Fully depreciated

Taxation

Taxation for the year 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 year 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2017

and 31 March 2018

400,000

AMORTISATION

At 1 April 2017

and 31 March 2018

400,000

NET BOOK VALUE

At 31 March 2018

-

At 31 March 2017

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2017

and 31 March 2018

1,583

87

3,078

4,748

DEPRECIATION

At 1 April 2017

396

87

3,078

3,561

Charge for year

297

-

-

297

At 31 March 2018

693

87

3,078

3,858

NET BOOK VALUE

At 31 March 2018

890

-

-

890

At 31 March 2017

1,187

-

-

1,187

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

6,428

17,712

Other debtors

6,915

6,891

Prepayments and accrued income

5,457

7,016

18,800

31,619

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade creditors

1,777

3,295

Corporation tax

17,093

15,354

VAT

3,087

5,991

Other creditors

-

64

Directors' current accounts

1,142

14,372

Accrued expenses

10,960

26,429

34,059

65,505

8.	PROVISIONS FOR LIABILITIES

2018

2017

£

£

Deferred tax

169

237

Deferred

tax

£

Balance at 1 April 2017

237

Provided during year

(68

)

Balance at 31 March 2018

169

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2017

52,796

Profit for the year

72,492

At 31 March 2018

125,288

11.	CONTROLLING PARTY

The controlling party is Mr A Golden.