DEIRDRE LAVERY SOLICITORS LTD

Company Registration Number:
NI626762 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

DEIRDRE LAVERY SOLICITORS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

DEIRDRE LAVERY SOLICITORS LTD

Balance sheet

As at 30 April 2022


Notes

2022

2021


£

£
Fixed assets
Intangible assets: 3 23,735 25,430
Tangible assets: 4 4,463 4,858
Total fixed assets: 28,198 30,288
Current assets
Stocks: 36,803 34,119
Debtors:   64,396 64,707
Cash at bank and in hand: 2,501,977 1,329,745
Total current assets: 2,603,176 1,428,571
Creditors: amounts falling due within one year:   (2,561,479) (1,394,908)
Net current assets (liabilities): 41,697 33,663
Total assets less current liabilities: 69,895 63,951
Total net assets (liabilities): 69,895 63,951
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 69,894 63,950
Shareholders funds: 69,895 63,951

The notes form part of these financial statements

DEIRDRE LAVERY SOLICITORS LTD

Balance sheet statements

For the year ending 30 April 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 September 2022
and signed on behalf of the board by:

Name: Deirdre Lavery
Status: Director

The notes form part of these financial statements

DEIRDRE LAVERY SOLICITORS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover comprises the invoice value of services supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows: Fixtures, fittings and equipment-20% Reducing Balance

Intangible fixed assets and amortisation policy

Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 20 years, which is estimated to be the period during which benefits are expected to arise. On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.

DEIRDRE LAVERY SOLICITORS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

2. Employees

2022 2021
Average number of employees during the period 3 3

DEIRDRE LAVERY SOLICITORS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Intangible Assets

Total
Cost £
At 01 May 2021 33,900
At 30 April 2022 33,900
Amortisation
At 01 May 2021 8,470
Charge for year 1,695
At 30 April 2022 10,165
Net book value
At 30 April 2022 23,735
At 30 April 2021 25,430

DEIRDRE LAVERY SOLICITORS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Tangible Assets

Total
Cost £
At 01 May 2021 15,599
Additions 813
Disposals (760)
At 30 April 2022 15,652
Depreciation
At 01 May 2021 10,741
Charge for year 1,117
On disposals (669)
At 30 April 2022 11,189
Net book value
At 30 April 2022 4,463
At 30 April 2021 4,858