1 July 2022 false No description of principal activity Taxfiler 2023.15 12054338business:PrivateLimitedCompanyLtd2022-07-012023-06-30 120543382022-06-30 120543382022-07-012023-06-30 12054338business:AuditExempt-NoAccountantsReport2022-07-012023-06-30 12054338business:FilletedAccounts2022-07-012023-06-30 120543382023-06-30 12054338business:Director12022-07-012023-06-30 12054338business:RegisteredOffice2022-07-012023-06-30 120543382022-06-30 12054338core:WithinOneYear2023-06-30 12054338core:WithinOneYear2022-06-30 12054338core:CapitalContributionReservecore:PreviouslyStatedAmount2023-06-30 12054338core:CapitalContributionReservecore:PreviouslyStatedAmount2022-06-30 12054338core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12054338core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 12054338core:PreviouslyStatedAmount2023-06-30 12054338core:PreviouslyStatedAmount2022-06-30 12054338business:SmallEntities2022-07-012023-06-30 12054338countries:EnglandWales2022-07-012023-06-30 12054338core:MotorVehicles2022-06-30 12054338core:MotorVehicles2023-06-30 12054338core:MotorVehicles2022-07-012023-06-30 120543382021-07-012022-06-30 iso4217:GBP xbrli:pure
Company Registration No. 12054338 (England and Wales)
ALLNET LAW LTD Unaudited accounts for the year ended 30 June 2023
ALLNET LAW LTD Unaudited accounts Contents
Page
- 2 -
ALLNET LAW LTD Company Information for the year ended 30 June 2023
Director
Onojeghuo Itohan
Company Number
12054338 (England and Wales)
Registered Office
KEMP HOUSE 160 CITY ROAD LONDON EC1V 2NX UNITED KINGDOM
Accountants
TPC Consult (UK) Ltd 18 Peckover Close Peterborough PE2 8UQ
- 3 -
ALLNET LAW LTD Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,751 
10,834 
Current assets
Debtors
8,009 
48,094 
Cash at bank and in hand
6,863 
1,114 
14,872 
49,208 
Creditors: amounts falling due within one year
(24,222)
(59,721)
Net current liabilities
(9,350)
(10,513)
Net assets
401 
321 
Capital and reserves
Capital contribution reserve
500 
500 
Profit and loss account
(99)
(179)
Shareholders' funds
401 
321 
For the year ending 30 June 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 29 March 2024 and were signed on its behalf by
Onojeghuo Itohan Director Company Registration No. 12054338
- 4 -
ALLNET LAW LTD Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
ALLNET LAW LTD is a private company, limited by shares, registered in England and Wales, registration number 12054338. The registered office is KEMP HOUSE, 160 CITY ROAD, LONDON, EC1V 2NX, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates, 20% in order to write off the assets over their estimated useful lives: of 5 years.
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2022
13,000 
At 30 June 2023
13,000 
Depreciation
At 1 July 2022
2,166 
Charge for the year
1,083 
At 30 June 2023
3,249 
Net book value
At 30 June 2023
9,751 
At 30 June 2022
10,834 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
8,009 
- 
Other debtors
- 
48,094 
8,009 
48,094 
- 5 -
ALLNET LAW LTD Notes to the Accounts for the year ended 30 June 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
16,821 
- 
VAT
1,380 
5,955 
Taxes and social security
2,717 
10,616 
Proposed dividends
- 
28,000 
Loans from directors
- 
13,950 
Accruals
3,304 
1,200 
24,222 
59,721 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -