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Company Registration No. 10256361 (England and Wales)
A & Y law Ltd Unaudited accounts for the year ended 31 July 2023
A & Y law Ltd Unaudited accounts Contents
Page
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A & Y law Ltd Company Information for the year ended 31 July 2023
Directors
Mr Yash Babulal Dubal Parvez Amir Mohamed Khan
Company Number
10256361 (England and Wales)
Registered Office
Holborn Gate 330 High Holborn London London WC1V 7QT England
Accountants
Flexi Consultancy Ltd Suite 50 238 Merton High Street Wimbledon London England SW19 1AU
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A & Y law Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,986 
(1)
Current assets
Debtors
490,655 
451,915 
Cash at bank and in hand
417,774 
290,918 
908,429 
742,833 
Creditors: amounts falling due within one year
(514,686)
(369,800)
Net current assets
393,743 
373,033 
Net assets
422,729 
373,032 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
421,729 
372,032 
Shareholders' funds
422,729 
373,032 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 22 April 2024 and were signed on its behalf by
Mr Yash Babulal Dubal Director Company Registration No. 10256361
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A & Y law Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
A & Y law Ltd is a private company, limited by shares, registered in England and Wales, registration number 10256361. The registered office is Holborn Gate, 330 High Holborn, London, London, WC1V 7QT, England.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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:
Plant & machinery
25%
Financial instruments
Basic financial instruments are recognised at fair value.
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A & Y law Ltd Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
4,371 
- 
4,371 
Additions
- 
43,478 
43,478 
At 31 July 2023
4,371 
43,478 
47,849 
Depreciation
At 1 August 2022
4,372 
- 
4,372 
Charge for the year
- 
14,491 
14,491 
At 31 July 2023
4,372 
14,491 
18,863 
Net book value
At 31 July 2023
(1)
28,987 
28,986 
At 31 July 2022
(1)
- 
(1)
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
88,196 
59,369 
Amounts due from group undertakings etc.
378,353 
378,353 
Accrued income and prepayments
4,250 
- 
Other debtors
19,856 
14,193 
490,655 
451,915 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
37,753 
44,379 
VAT
88,628 
39,133 
Taxes and social security
139,600 
100,734 
Loans from directors
151,000 
151,000 
Accruals
97,705 
34,554 
514,686 
369,800 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Loans to directors
The debt of £151,000 to Mr Arjun Babulal Dubal is being disputed. During the year, on 29/02/2020, Mr Arjun Babulal Dubal resigned from his directorship and has no connection with the company since then. On 5th May 2021, Yash Dubal assigned to A & Y Law Limited all its rights, title, interest and benefits in and to the debt of £205,000.
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A & Y law Ltd Notes to the Accounts for the year ended 31 July 2023
9
Controlling party
A & Y Immigration Law Ltd is a parent company by virtue of it's 100% shareholding of A & Y Law Ltd. The directors have taken exemptions available under Companies Act 2006 which exempts group from preparing consolidation accounts. A & Y Immigration Law Ltd's accounts are available at the company's registered office and at the companies house database.
10
Average number of employees
During the year the average number of employees was 14 (2022: 14).
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