Registered number
07631870
Canopy Law Limited
Unaudited Abbreviated Accounts
31 December 2015
Canopy Law Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited abbreviated accounts of Canopy Law Limited for the period ended 31 December 2015
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abbreviated accounts of Canopy Law Limited for the period ended 31 December 2015 which comprise of the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
icaew.com/membershandbook.
This report is made solely to the Board of Directors of Canopy Law Limited, as a body, in accordance with the terms of our engagement letter dated 19 March 2015. Our work has been undertaken solely to prepare for your approval the accounts of Canopy Law Limited and state those matters that we have agreed to state to the Board of Directors of Canopy Law Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Canopy Law Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Canopy Law Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Canopy Law Limited. You consider that Canopy Law Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Canopy Law Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the abbreviated accounts.
Pinkham Blair
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH
4 May 2016
Canopy Law Limited
Registered number: 07631870
Abbreviated Balance Sheet
as at 31 December 2015
Notes 31/12/15 31/3/15
£ £
Fixed assets
Tangible assets 2 2,348 2,032
Current assets
Debtors 6,751 8,732
Cash at bank and in hand 13,241 13,755
19,992 22,487
Creditors: amounts falling due within one year (21,957) (24,378)
Net current liabilities (1,965) (1,891)
Net assets 383 141
Capital and reserves
Called up share capital 3 1 1
Profit and loss account 382 140
Shareholder's funds 383 141
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
D Hughes
Director
Approved by the board on 4 May 2016
Canopy Law Limited
Notes to the Abbreviated Accounts
for the period ended 31 December 2015
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 value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and machinery 25% reducing balance
2 Tangible fixed assets £
Cost
At 1 April 2015 2,725
Additions 722
At 31 December 2015 3,447
Depreciation
At 1 April 2015 693
Charge for the period 406
At 31 December 2015 1,099
Net book value
At 31 December 2015 2,348
At 31 March 2015 2,032
3 Share capital Nominal 31/12/15 31/12/15 31/3/15
value Number £ £
Allotted, called up and fully paid:
Ordinary shares £1 each 1 1 1
Canopy Law Limited 07631870 false true 2015-04-01 2015-12-31 2015-12-31 D Hughes 07631870 uk-bus:OrdinaryShareClass1 2015-03-31 07631870 2015-04-01 2015-12-31 07631870 uk-bus:Director40 2015-04-01 2015-12-31 07631870 uk-gaap:PlantMachinery 2015-04-01 2015-12-31 07631870 uk-bus:OrdinaryShareClass1 2015-04-01 2015-12-31 07631870 2015-12-31 07631870 uk-bus:OrdinaryShareClass1 2015-12-31 07631870 2015-03-31 iso4217:GBP xbrli:shares