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REGISTERED NUMBER: 09709230 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Litigation Matters Limited

Litigation Matters Limited (Registered number: 09709230)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Litigation Matters Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mrs J Staines
Mrs G Daniels





SECRETARY:





REGISTERED OFFICE: 4th Floor
St Nicholas House
Old Churchyard
Liverpool
Merseyside
L2 8TX





REGISTERED NUMBER: 09709230 (England and Wales)





ACCOUNTANTS: Topping & Company
Chartered Accountants
209 Liverpool Road
Birkdale
Southport
Merseyside
PR8 4PH

Litigation Matters Limited (Registered number: 09709230)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,661 37,467

CURRENT ASSETS
Debtors 5 96,152 128,698
Cash at bank and in hand 106,883 142,203
203,035 270,901
CREDITORS
Amounts falling due within one year 6 72,652 110,463
NET CURRENT ASSETS 130,383 160,438
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,044

197,905

CREDITORS
Amounts falling due after more than one
year

7

34,243

39,623
NET ASSETS 123,801 158,282

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 25,457 25,457
Retained earnings 98,334 132,815
123,801 158,282

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Litigation Matters Limited (Registered number: 09709230)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:




Mrs J Staines - Director



Mrs G Daniels - Director


Litigation Matters Limited (Registered number: 09709230)

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

1. STATUTORY INFORMATION

Litigation Matters 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.

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 as modified by the revaluation of certain assets.

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.

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.

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

The average number of employees during the year was 13 (2022 - 8 ) .

Litigation Matters Limited (Registered number: 09709230)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 August 2022
and 31 July 2023 56,220
DEPRECIATION
At 1 August 2022 18,753
Charge for year 9,806
At 31 July 2023 28,559
NET BOOK VALUE
At 31 July 2023 27,661
At 31 July 2022 37,467

Plant and machinery was valued on an open market basis on 1 August 2021 by the directors.

If plant and machinery had not been included at valuation they would have been included under the historical cost convention as follows:


20222021
£   £   
Cost62,05660,085
Accumulated depreciation(50,046)(44,041)

Net book value12,01016,044

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 63,730 90,196
Other debtors 32,422 38,502
96,152 128,698

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 7,189 9,730
Taxation and social security 57,235 85,104
Other creditors 3,228 10,629
72,652 110,463

Litigation Matters Limited (Registered number: 09709230)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£    £   
Bank loans 34,243 39,623

8. RESERVES
Revaluation
reserve
£   
At 1 August 2022
and 31 July 2023 25,457