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REGISTERED NUMBER: 07638399 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2023

FOR

CHARLES GUTHRIE & CO LEGAL LTD.

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company information 1

Report of the director 2

Chartered certified accountants' report 3

Income statement 4

Balance sheet 5

Notes to the financial statements 7


CHARLES GUTHRIE & CO LEGAL LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTOR: C D Guthrie





SECRETARY: C D Guthrie





REGISTERED OFFICE: Golden Cross House
8 Duncannon Street
London
WC2N 4JF





REGISTERED NUMBER: 07638399 (England and Wales)





ACCOUNTANTS: Leroy Reid & Co
Chartered Certified Accountants
and Statutory Auditors
299 Northborough Road
Norbury
London
SW16 4TR

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 31ST MAY 2023

The director presents his report with the financial statements of the company for the year ended 31st May 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the provision of notary services.

DIRECTOR
C D Guthrie held office during the whole of the period from 1st June 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C D Guthrie - Director


18th September 2023

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHARLES GUTHRIE & CO LEGAL LTD.


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Charles Guthrie & Co Legal Ltd. for the year ended 31st May 2023 which comprise the Income statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Charles Guthrie & Co Legal Ltd. in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Charles Guthrie & Co Legal Ltd. and state those matters that we have agreed to state to the director of Charles Guthrie & Co Legal Ltd. in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Charles Guthrie & Co Legal Ltd. 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 Charles Guthrie & Co Legal Ltd.. You consider that Charles Guthrie & Co Legal Ltd. 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 Charles Guthrie & Co Legal Ltd.. 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.






Leroy Reid & Co
Chartered Certified Accountants
and Statutory Auditors
299 Northborough Road
Norbury
London
SW16 4TR


18th September 2023

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

INCOME STATEMENT
FOR THE YEAR ENDED 31ST MAY 2023

2023 2022
Notes £    £   

TURNOVER 771,606 672,744

Administrative expenses (440,216 ) (312,272 )
331,390 360,472

Other operating income 68,712 41,593
OPERATING PROFIT and
PROFIT BEFORE TAXATION 400,102 402,065

Tax on profit 5 (81,100 ) (75,254 )
PROFIT FOR THE FINANCIAL YEAR 319,002 326,811

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 6 77,084 76,749
Investment property 7 897,980 897,980
975,064 974,729

CURRENT ASSETS
Debtors 8 19,837 18,391
Cash at bank and in hand 117,109 75,957
136,946 94,348
CREDITORS
Amounts falling due within one year 9 (103,493 ) (89,770 )
NET CURRENT ASSETS 33,453 4,578
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,008,517

979,307

CREDITORS
Amounts falling due after more than one
year

10

(200,459

)

(449,451

)
NET ASSETS 808,058 529,856

CAPITAL AND RESERVES
Called up share capital 11 4 4
Retained earnings 12 808,054 529,852
SHAREHOLDERS' FUNDS 808,058 529,856

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 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.

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

BALANCE SHEET - continued
31ST MAY 2023


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

The financial statements were approved by the director and authorised for issue on 18th September 2023 and were signed by:





C D Guthrie - Director


CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

Charles Guthrie & Co Legal Ltd. 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.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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
2023 2022
£    £   
Wages and salaries 26,203 26,161

The average number of employees during the year was as follows:
2023 2022

Director 1 1
Administrator 1 1
2 2

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

4. OPERATING PROFIT

The operating profit is stated after charging:

2023 2022
£    £   
Depreciation - owned assets 1,849 2,455

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2023 2022
£    £   
Current tax:
UK corporation tax 81,100 75,254
Tax on profit 81,100 75,254

6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2022 80,542
Additions 74,450
Disposals (73,491 )
At 31st May 2023 81,501
DEPRECIATION
At 1st June 2022 3,793
Charge for year 1,849
Eliminated on disposal (1,225 )
At 31st May 2023 4,417
NET BOOK VALUE
At 31st May 2023 77,084
At 31st May 2022 76,749

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st June 2022
and 31st May 2023 897,980
NET BOOK VALUE
At 31st May 2023 897,980
At 31st May 2022 897,980

CHARLES GUTHRIE & CO LEGAL LTD. (REGISTERED NUMBER: 07638399)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 19,837 18,391

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 99,456 85,733
Other creditors 4,037 4,037
103,493 89,770

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 82,230 190,441
Other creditors 118,229 259,010
200,459 449,451

11. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
4 Share capital 1 1 4 4

12. RESERVES
Retained
earnings
£   

At 1st June 2022 529,852
Profit for the year 319,002
Dividends (40,800 )
At 31st May 2023 808,054