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REGISTERED NUMBER: 01068390 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2017

for

Illingworth McNair Limited

Illingworth McNair Limited (Registered number: 01068390)






Contents of the Financial Statements
for the Year Ended 30 June 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Illingworth McNair Limited

Company Information
for the Year Ended 30 June 2017







DIRECTORS: D J Illingworth
Mrs S E Illingworth
J M Illingworth
A Kelly
Mrs A Jenkins





SECRETARY: Mrs S E Illingworth





REGISTERED OFFICE: 164 Main Street
Bingley
West Yorkshire
BD16 2HR





REGISTERED NUMBER: 01068390 (England and Wales)





ACCOUNTANTS: Walker Broadbent Associates
Chartered Accountants
Lencett House
45 Boroughgate
Otley
West Yorkshire
LS21 1AG

Illingworth McNair Limited (Registered number: 01068390)

Balance Sheet
30 June 2017

30.6.17 30.6.16
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 50,342
Tangible assets 5 44,474 40,721
Investments 6 11,375 11,375
55,849 102,438

CURRENT ASSETS
Debtors 7 114,131 142,171
Cash at bank and in hand 154,395 132,077
268,526 274,248
CREDITORS
Amounts falling due within one year 8 55,688 74,540
NET CURRENT ASSETS 212,838 199,708
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,687

302,146

PROVISIONS FOR LIABILITIES 4,426 3,386
NET ASSETS 264,261 298,760

CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Retained earnings 258,261 292,760
SHAREHOLDERS' FUNDS 264,261 298,760

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Illingworth McNair Limited (Registered number: 01068390)

Balance Sheet - continued
30 June 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 18 July 2017 and were signed on its behalf by:





D J Illingworth - Director


Illingworth McNair Limited (Registered number: 01068390)

Notes to the Financial Statements
for the Year Ended 30 June 2017

1. STATUTORY INFORMATION

Illingworth McNair 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 represents brokerage and fees receivable. Income is recognised when debit or fee notes are issued,
irrespective of the inception date or period of insurance.

Where the period of the policy is in excess of one year the brokerage is apportioned between the accounting
periods covered by the policy.

Alterations in brokerage arising from returns, additional premiums and adjustments are taken into account as and
when these occur.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of four years.

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 etc - 10% on cost

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.

Illingworth McNair Limited (Registered number: 01068390)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2017

2. ACCOUNTING POLICIES - continued

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.

Pension costs and other post-retirement benefits
The company makes contributions to the personal pensions of certain members of staff, on both a
"salary-sacrifice" and non "salary-sacrifice" basis, but has no formal pension scheme in place.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2016 201,370
Additions 69,953
At 30 June 2017 271,323
AMORTISATION
At 1 July 2016 151,028
Charge for year 120,295
At 30 June 2017 271,323
NET BOOK VALUE
At 30 June 2017 -
At 30 June 2016 50,342

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 July 2016 41,927 97,855 139,782
Additions - 10,908 10,908
At 30 June 2017 41,927 108,763 150,690
DEPRECIATION
At 1 July 2016 19,744 79,317 99,061
Charge for year 1,167 5,988 7,155
At 30 June 2017 20,911 85,305 106,216
NET BOOK VALUE
At 30 June 2017 21,016 23,458 44,474
At 30 June 2016 22,183 18,538 40,721

Illingworth McNair Limited (Registered number: 01068390)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2017

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2016
and 30 June 2017 15,296
PROVISIONS
At 1 July 2016
and 30 June 2017 3,921
NET BOOK VALUE
At 30 June 2017 11,375
At 30 June 2016 11,375

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.17 30.6.16
£    £   
Trade debtors 114,131 142,171

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.17 30.6.16
£    £   
Taxation and social security 18,617 32,550
Other creditors 37,071 41,990
55,688 74,540