IRIS Accounts Production v23.1.0.753 08370254 Board of Directors 1.2.22 31.1.23 31.1.23 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure083702542022-01-31083702542023-01-31083702542022-02-012023-01-31083702542021-01-31083702542021-02-012022-01-31083702542022-01-3108370254ns16:EnglandWales2022-02-012023-01-3108370254ns15:PoundSterling2022-02-012023-01-3108370254ns11:Director12022-02-012023-01-3108370254ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3108370254ns11:SmallEntities2022-02-012023-01-3108370254ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3108370254ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3108370254ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3108370254ns11:FullAccounts2022-02-012023-01-3108370254ns11:Director22022-02-012023-01-3108370254ns11:Director32022-02-012023-01-3108370254ns11:Director42022-02-012023-01-3108370254ns11:RegisteredOffice2022-02-012023-01-3108370254ns6:CurrentFinancialInstruments2023-01-3108370254ns6:CurrentFinancialInstruments2022-01-3108370254ns6:Non-currentFinancialInstruments2023-01-3108370254ns6:Non-currentFinancialInstruments2022-01-3108370254ns6:ShareCapital2023-01-3108370254ns6:ShareCapital2022-01-3108370254ns6:CapitalRedemptionReserve2023-01-3108370254ns6:CapitalRedemptionReserve2022-01-3108370254ns6:RetainedEarningsAccumulatedLosses2023-01-3108370254ns6:RetainedEarningsAccumulatedLosses2022-01-3108370254ns6:PlantMachinery2022-02-012023-01-3108370254ns6:PlantMachinery2022-01-3108370254ns6:PlantMachinery2023-01-3108370254ns6:PlantMachinery2022-01-3108370254ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3108370254ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-31083702542ns11:Director22022-01-31083702542ns11:Director22021-01-31083702542ns11:Director22022-02-012023-01-31083702542ns11:Director22021-02-012022-01-31083702542ns11:Director22023-01-31083702542ns11:Director22022-01-31
REGISTERED NUMBER: 08370254 (England and Wales)















Financial Statements for the Year Ended 31 January 2023

for

Annecto Legal Limited

Annecto Legal Limited (Registered number: 08370254)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Annecto Legal Limited

Company Information
for the year ended 31 January 2023







DIRECTORS: M J Beaumont
S M Dunscombe
S J Brindley
P A Hayes





REGISTERED OFFICE: 106 Kennedy Building
Murray Street
Manchester
M4 6HS





REGISTERED NUMBER: 08370254 (England and Wales)





ACCOUNTANTS: LJP Accounting Ltd
Barn Studios
Gaterounds
Parkgate Road
Newdigate
Surrey
RH5 5AJ

Annecto Legal Limited (Registered number: 08370254)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,726 5,193

CURRENT ASSETS
Debtors 5 52,032 76,131
Cash at bank 154,805 149,882
206,837 226,013
CREDITORS
Amounts falling due within one year 6 50,331 53,522
NET CURRENT ASSETS 156,506 172,491
TOTAL ASSETS LESS CURRENT
LIABILITIES

161,232

177,684

CREDITORS
Amounts falling due after more than one
year

7

(29,283

)

(39,931

)

PROVISIONS FOR LIABILITIES (898 ) (987 )
NET ASSETS 131,051 136,766

CAPITAL AND RESERVES
Called up share capital 92 92
Capital redemption reserve 8 8
Retained earnings 130,951 136,666
SHAREHOLDERS' FUNDS 131,051 136,766

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2023 and were signed on its behalf by:





S M Dunscombe - Director


Annecto Legal Limited (Registered number: 08370254)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Annecto Legal 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

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 cost and 20% on reducing balance

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.

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 4 (2022 - 4 ) .

Annecto Legal Limited (Registered number: 08370254)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022 11,329
Additions 1,045
At 31 January 2023 12,374
DEPRECIATION
At 1 February 2022 6,136
Charge for year 1,512
At 31 January 2023 7,648
NET BOOK VALUE
At 31 January 2023 4,726
At 31 January 2022 5,193

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 43,209 66,382
Other debtors 8,823 9,749
52,032 76,131

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 17,368 12,999
Taxation and social security 20,788 28,468
Other creditors 1,527 1,407
50,331 53,522

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 29,283 39,931

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£    £   
M J Beaumont
Balance outstanding at start of year - 4,795
Amounts repaid - (4,795 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -