1 December 2015 true false 070843232015-11-30 070843232015-12-012016-11-30 070843232016-11-30 070843232015-11-30 07084323uk-bus:Director22015-12-012016-11-30 iso4217:GBP
Company Registration No. 07084323 (England and Wales)
Coates Solicitors Limited Abbreviated unaudited accounts for the year ended 30 November 2016
Coates Solicitors Limited Abbreviated Balance Sheet as at 30 November 2016
2016 
2015 
Notes
£ 
£ 
Fixed assets
Tangible assets
243,342 
1,081 
Current assets
Debtors
17,698 
9,774 
Cash at bank and in hand
827,284 
722,925 
844,982 
732,699 
Creditors: amounts falling due within one year
(152,626)
(143,122)
Net current assets
692,356 
589,577 
Total assets less current liabilities
935,698 
590,658 
Creditors: amounts falling due after more than one year
(159,865)
- 
Net assets
775,833 
590,658 
Capital and reserves
Share premium
100 
100 
Profit and loss account
775,733 
590,558 
Total shareholders' funds
775,833 
590,658 
For the year ending 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 29 August 2017
Lindsay Coates Director Company Registration No. 07084323
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Coates Solicitors Limited Notes to the Abbreviated Accounts for the year ended 30 November 2016
1
Accounting policies
Basis of preparation
The accounts 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 the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Office equipment 25% reducing balance Fixtures and fittings 25% reducing balance
2
Tangible fixed assets
£ 
Cost
At 1 December 2015
4,671 
Additions
242,531 
At 30 November 2016
247,202 
Depreciation
At 1 December 2015
3,590 
Charge for the year
270 
At 30 November 2016
3,860 
Net book value
At 30 November 2016
243,342 
At 30 November 2015
1,081 
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