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Company Registration No. 07527765 (England and Wales)
Defence Law Limited Unaudited accounts for the year ended 28 February 2023
Defence Law Limited Unaudited accounts Contents
Page
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Defence Law Limited Company Information for the year ended 28 February 2023
Director
Hinesh Bhayani
Company Number
07527765 (England and Wales)
Registered Office
Rutland House 23-25 Friar Lane Leicester LE1 5QQ United Kingdom
Accountants
RPS Accountants Ltd 18 Rawson Drive Wigston Leicester LE18 3AF
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Defence Law Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,636 
4,545 
Current assets
Debtors
70,950 
73,531 
Cash at bank and in hand
217,783 
349,005 
288,733 
422,536 
Creditors: amounts falling due within one year
(149,466)
(196,001)
Net current assets
139,267 
226,535 
Total assets less current liabilities
142,903 
231,080 
Provisions for liabilities
Deferred tax
(691)
(864)
Net assets
142,212 
230,216 
Capital and reserves
Called up share capital
1 
2 
Capital redemption reserve
(100,000)
- 
Profit and loss account
242,211 
230,214 
Shareholders' funds
142,212 
230,216 
For the year ending 28 February 2023 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 28 November 2023 and were signed on its behalf by
Hinesh Bhayani Director Company Registration No. 07527765
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Defence Law Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Defence Law Limited is a private company, limited by shares, registered in England and Wales, registration number 07527765. The registered office is Rutland House, 23-25 Friar Lane, Leicester, LE1 5QQ, United Kingdom.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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%
Financial instruments
Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Deferred taxation
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Defence Law Limited Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2022
17,198 
At 28 February 2023
17,198 
Depreciation
At 1 March 2022
12,653 
Charge for the year
909 
At 28 February 2023
13,562 
Net book value
At 28 February 2023
3,636 
At 28 February 2022
4,545 
5
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
2 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Hinesh Bhayani
(3,983)
10 
5,257 
(9,230)
Sandeep Kaushal
(6,287)
6,287 
- 
- 
(10,270)
6,297 
5,257 
(9,230)
7
Transactions with related parties
Called up share capital During the year the company purchased it's shares from Mr S K Kaushal for a consideration of £100,000.
8
Average number of employees
During the year the average number of employees was 7 (2022: 8).
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