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REGISTERED NUMBER: 00918416 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2023

for

THE LONDON LAW AGENCY LIMITED

THE LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 8

THE LONDON LAW AGENCY LIMITED

Company Information
for the year ended 31 January 2023







Director: J J A Cowdry





Secretary: London Law Secretarial Limited





Registered office: Collingham House
6-12 Gladstone Road
Wimbledon
London
SW19 1QT





Registered number: 00918416 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY

THE LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

Balance Sheet
31 January 2023

2023 2022
Notes £ £ £ £
Fixed assets
Intangible assets 4 - -
Tangible assets 5 - -
Investments 6 2 2
2 2

Current assets
Stocks - 281
Debtors 7 45,253 87,814
Cash at bank and in hand 19,924 21,205
65,177 109,300
Creditors
Amounts falling due within one year 8 69,670 151,258
Net current liabilities (4,493 ) (41,958 )
Total assets less current liabilities (4,491 ) (41,956 )

Creditors
Amounts falling due after more than one
year

9

17,198

23,745
Net liabilities (21,689 ) (65,701 )

Capital and reserves
Called up share capital 10 51,606 51,606
Retained earnings (73,295 ) (117,307 )
Shareholders' funds (21,689 ) (65,701 )

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 director acknowledges his 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 LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

Balance Sheet - continued
31 January 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2023 and were signed by:





J J A Cowdry - Director


THE LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

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


1. Statutory information

The London Law Agency 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover
Turnover represents the invoiced value of goods sold and services provided during the year, exclusive of value added tax.

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 - 20% / 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost represents expenditure which is incurred in the normal course of business in bringing the stock to its present condition and location.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


THE LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

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


2. Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Intangible assets
Intangible assets will be amortised over their estimated useful life of four years.

Foreign currencies
The company translates transactions in foreign currency at an average rate for the year. Differences arising on settlement of balances during the year form part of the finance costs. Balances outstanding at the year end are translated at the closing rate with any resulting adjustment being taken to finance costs.

3. Employees and directors

The average number of employees during the year was 3 (2022 - 3 ) .

4. Intangible fixed assets
Computer
software
£
Cost
At 1 February 2022
and 31 January 2023 54,284
Amortisation
At 1 February 2022
and 31 January 2023 54,284
Net book value
At 31 January 2023 -
At 31 January 2022 -

THE LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

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


5. Tangible fixed assets
Plant and
machinery
£
Cost
At 1 February 2022
and 31 January 2023 62,460
Depreciation
At 1 February 2022
and 31 January 2023 62,460
Net book value
At 31 January 2023 -
At 31 January 2022 -

6. Fixed asset investments
Other
investments
£
Cost
At 1 February 2022
and 31 January 2023 2
Net book value
At 31 January 2023 2
At 31 January 2022 2

7. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 39,854 75,898
Other debtors 5,399 11,916
45,253 87,814

8. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts 6,444 6,444
Trade creditors 42,180 46,048
Taxation and social security (5,365 ) 8,323
Other creditors 26,411 90,443
69,670 151,258

9. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 17,198 23,745

THE LONDON LAW AGENCY LIMITED (REGISTERED NUMBER: 00918416)

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


10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
51,606 Ordinary £1 51,606 51,606

11. Related party disclosures

At 31 January 2023 the company owed the director £8,273 (2022: £8,273). This loan is subject to no interest charge and is repayable on demand.

Accountants' Report to the Director
on the Unaudited Financial Statements of
The London Law Agency Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The London Law Agency Limited for the year ended 31 January 2023 which comprise the Profit and Loss Account, 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of The London Law Agency Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The London Law Agency Limited and state those matters that we have agreed to state to the director of The London Law Agency Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The London Law Agency Limited and its director for our work or for this report.

It is your duty to ensure that The London Law Agency Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The London Law Agency Limited. You consider that The London Law Agency 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 financial statements of The London Law Agency 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 financial statements.






Haines Watts
Chartered Accountants
Aissela
46 High Street
Esher
Surrey
KT10 9QY


17 October 2023