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REGISTERED NUMBER: 07878052 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2023

for

LAW Construction Cornwall Ltd

LAW Construction Cornwall Ltd (Registered number: 07878052)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LAW Construction Cornwall Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: L A Wooding





REGISTERED OFFICE: 80, Meneage Street
Helston
Cornwall
TR13 8RF





REGISTERED NUMBER: 07878052 (England and Wales)





ACCOUNTANTS: Briants Chartered Accountants
Maritime House
Discovery Quay
Falmouth
Cornwall
TR11 3XA

LAW Construction Cornwall Ltd (Registered number: 07878052)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 148 222
Investment property 5 - 240,000
148 240,222

CURRENT ASSETS
Debtors 6 227 -
Cash at bank and in hand 192,372 3,673
192,599 3,673
CREDITORS
Amounts falling due within one year 7 132,824 128,151
NET CURRENT ASSETS/(LIABILITIES) 59,775 (124,478 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

59,923

115,744

CREDITORS
Amounts falling due after more than one
year

8

-

(49,936

)

PROVISIONS FOR LIABILITIES - (45,605 )
NET ASSETS 59,923 20,203

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 59,822 20,102
59,923 20,203

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

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

LAW Construction Cornwall Ltd (Registered number: 07878052)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 February 2024 and were signed by:





L A Wooding - Director


LAW Construction Cornwall Ltd (Registered number: 07878052)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

LAW Construction Cornwall 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.
Computer equipment - 33% on reducing balance

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.

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.

LAW Construction Cornwall Ltd (Registered number: 07878052)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 1,698
DEPRECIATION
At 1 January 2023 1,476
Charge for year 74
At 31 December 2023 1,550
NET BOOK VALUE
At 31 December 2023 148
At 31 December 2022 222

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 240,000
Disposals (240,000 )
At 31 December 2023 -
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 240,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 227 -

LAW Construction Cornwall Ltd (Registered number: 07878052)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 5,292
Taxation and social security 7,671 257
Other creditors 125,153 122,602
132,824 128,151

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Other creditors - 49,936