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Company Registration No. 11500038 (England and Wales)
AKYOL LAW LTD Unaudited accounts for the year ended 31 December 2021
AKYOL LAW LTD Unaudited accounts Contents
Page
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AKYOL LAW LTD Company Information for the year ended 31 December 2021
Director
Huseyin Akyol
Company Number
11500038 (England and Wales)
Registered Office
128 HERTFORD ROAD ENFIELD EN3 5AX ENGLAND
Accountants
Multiplus Tax Solutions Ltd 58 Kingsley Road Loughton Essex IG10 3TY
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AKYOL LAW LTD Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,688 
4,650 
Current assets
Debtors
21,647 
12,578 
Cash at bank and in hand
271,348 
210,699 
292,995 
223,277 
Creditors: amounts falling due within one year
(291,819)
(212,090)
Net current assets
1,176 
11,187 
Total assets less current liabilities
9,864 
15,837 
Creditors: amounts falling due after more than one year
(8,797)
(13,000)
Net assets
1,067 
2,837 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,066 
2,836 
Shareholders' funds
1,067 
2,837 
For the year ending 31 December 2021 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 July 2022 and were signed on its behalf by
Huseyin Akyol Director Company Registration No. 11500038
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AKYOL LAW LTD Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
AKYOL LAW LTD is a private company, limited by shares, registered in England and Wales, registration number 11500038. The registered office is 128 HERTFORD ROAD, ENFIELD, EN3 5AX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance method
Computer equipment
20% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2021
3,362 
3,062 
6,424 
Additions
- 
6,210 
6,210 
At 31 December 2021
3,362 
9,272 
12,634 
Depreciation
At 1 January 2021
672 
1,102 
1,774 
Charge for the year
538 
1,634 
2,172 
At 31 December 2021
1,210 
2,736 
3,946 
Net book value
At 31 December 2021
2,152 
6,536 
8,688 
At 31 December 2020
2,690 
1,960 
4,650 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Debtors: amounts falling due after more than one year
Trade debtors
21,647 
12,578 
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AKYOL LAW LTD Notes to the Accounts for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
2,769 
- 
VAT
8,286 
- 
Obligations under finance leases and hire purchase contracts
3,628 
- 
Taxes and social security
6,747 
(2,259)
Proposed dividends
- 
10,000 
Other creditors
268,708 
204,349 
Loans from directors
1,681 
- 
291,819 
212,090 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
8,797 
13,000 
8
Average number of employees
During the year the average number of employees was 3 (2020: 3).
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