Canopy Law Limited,Ltd

Draft

Canopy Law Limited

Chartered Accountants' Report

For the year ended 31 March 2014

Chartered Accountants' Report to the Board of Directors

In order to assist you to fulfil your duties under Companies Act 2006, we have prepared for your approval the

accounts of Canopy Law Limited for the year ended 31 March 2014 which comprise the Profit and Loss Account,

Statement of Recognised Gains and Losses, 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 firm of the Institute of Chartered Accountants in England and Wales (ICAEW), 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 . 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 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 year.

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 statutory accounts.

Brevins Limited

23 Porters Wood

St Albans

Hertfordshire

AL3 6PQ

31 October 2014

Dated:

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Abbreviated Balance Sheet

Canopy Law Limited

As at 31 March 2014

07631870

Registered Number :

2014

Notes

2013

Fixed assets

Tangible assets

1,022

Current assets

Debtors

3,708

12,316

Cash at bank and in hand

8,091

1,750

20,407

5,458

Creditors: amounts falling due within one year

(30,082)

(29,133)

(24,624)

(8,726)

Net current liabilities

Total assets less current liabilities

(7,704)

(24,543)

(7,704)

Net liabilities

(24,543)

Capital and reserves

Called up share capital

Profit and loss account

(7,705)

(24,544)

(7,704)

(24,543)

Shareholders funds

For the year ended 31 March 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,

2) The director acknowledges his 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.

Date approved by the board: 31 October 2014

Mr David Hughes Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Canopy Law Limited

For the year ended 31 March 2014

1 Accounting Policies

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

25% Reducing balance

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

144

At 01 April 2013

1,081

Additions

At 31 March 2014

1,225

Depreciation

At 01 April 2013

140

Charge for year

203

At 31 March 2014

Net book values

At 31 March 2014

1,022

At 31 March 2013

3 Share capital

Allotted called up and fully paid

2014

2013

1 Ordinary shares of £1.00 each

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