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REGISTERED NUMBER: 07462958 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

FOR

LYNN ANDERSON LIMITED

LYNN ANDERSON LIMITED (REGISTERED NUMBER: 07462958)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LYNN ANDERSON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2017







DIRECTOR: Miss L T Anderson





REGISTERED OFFICE: 3rd Floor
York House
23 Kingsway
London
WC2B 6UJ





REGISTERED NUMBER: 07462958 (England and Wales)





ACCOUNTANTS: The Altus Partnership LLP
27 Old Gloucester Street
LONDON
WC1N 3AX

LYNN ANDERSON LIMITED (REGISTERED NUMBER: 07462958)

BALANCE SHEET
30 APRIL 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 613,292 961,850
Tangible assets 5 10,382 10,519
623,674 972,369

CURRENT ASSETS
Debtors 6 100,229 115,652
Cash at bank 1,274,760 745,834
1,374,989 861,486
CREDITORS
Amounts falling due within one year 7 555,161 834,374
NET CURRENT ASSETS 819,828 27,112
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,443,502

999,481

CREDITORS
Amounts falling due after more than one
year

8

28,948

34,042
NET ASSETS 1,414,554 965,439

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,414,553 965,438
SHAREHOLDERS' FUNDS 1,414,554 965,439

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

LYNN ANDERSON LIMITED (REGISTERED NUMBER: 07462958)

BALANCE SHEET - continued
30 APRIL 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 director on 22 January 2018 and were signed by:





Miss L T Anderson - Director


LYNN ANDERSON LIMITED (REGISTERED NUMBER: 07462958)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2017

1. STATUTORY INFORMATION

Lynn Anderson 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 FRS 102 “The Financial Reporting Standard
applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as
applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of
FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.

Transition to FRS102

These financial statements for the year ended 30th April 2017 are the first financial statements of Lynn Anderson
Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and
Republic of Ireland.

The date of transition to FRS 102 was 1st May 2015. The reported financial position and financial performance
for the previous period are not affected by the transition to FRS102.

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

Turnover represents the amounts received from fees, commissions and services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten 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 - 25% on reducing balance and 25% 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.


LYNN ANDERSON LIMITED (REGISTERED NUMBER: 07462958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2016 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2016 1,896,241
Disposals (380,850 )
At 30 April 2017 1,515,391
AMORTISATION
At 1 May 2016 934,391
Charge for year 153,540
Eliminated on disposal (185,832 )
At 30 April 2017 902,099
NET BOOK VALUE
At 30 April 2017 613,292
At 30 April 2016 961,850

LYNN ANDERSON LIMITED (REGISTERED NUMBER: 07462958)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2017

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2016 18,827
Additions 5,997
At 30 April 2017 24,824
DEPRECIATION
At 1 May 2016 8,308
Charge for year 6,134
At 30 April 2017 14,442
NET BOOK VALUE
At 30 April 2017 10,382
At 30 April 2016 10,519

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 87,400 113,907
Other debtors 12,829 1,745
100,229 115,652

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Bank loans and overdrafts 5,000 5,000
Taxation and social security 123,500 108,080
Other creditors 426,661 721,294
555,161 834,374

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Bank loans 28,948 34,042

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,748 17,842