Caseware UK (AP4) 2023.0.135 2023.0.135 true2022-08-01falseThe client provides legal services and specialises in family law34trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09701083 2022-08-01 2023-07-31 09701083 2021-08-01 2022-07-31 09701083 2023-07-31 09701083 2022-07-31 09701083 c:Director2 2022-08-01 2023-07-31 09701083 d:OfficeEquipment 2022-08-01 2023-07-31 09701083 d:OfficeEquipment 2023-07-31 09701083 d:OfficeEquipment 2022-07-31 09701083 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09701083 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-08-01 2023-07-31 09701083 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-31 09701083 d:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-07-31 09701083 d:CurrentFinancialInstruments 2023-07-31 09701083 d:CurrentFinancialInstruments 2022-07-31 09701083 d:Non-currentFinancialInstruments 2023-07-31 09701083 d:Non-currentFinancialInstruments 2022-07-31 09701083 d:Non-currentFinancialInstruments 1 2023-07-31 09701083 d:Non-currentFinancialInstruments 1 2022-07-31 09701083 d:Non-currentFinancialInstruments 2 2023-07-31 09701083 d:Non-currentFinancialInstruments 2 2022-07-31 09701083 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09701083 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 09701083 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 09701083 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 09701083 d:ShareCapital 2023-07-31 09701083 d:ShareCapital 2022-07-31 09701083 d:SharePremium 2023-07-31 09701083 d:SharePremium 2022-07-31 09701083 d:RetainedEarningsAccumulatedLosses 2023-07-31 09701083 d:RetainedEarningsAccumulatedLosses 2022-07-31 09701083 c:OrdinaryShareClass1 2022-08-01 2023-07-31 09701083 c:OrdinaryShareClass1 2023-07-31 09701083 c:OrdinaryShareClass1 2022-07-31 09701083 c:PreferenceShareClass1 2022-08-01 2023-07-31 09701083 c:PreferenceShareClass1 2023-07-31 09701083 c:PreferenceShareClass1 2022-07-31 09701083 c:FRS102 2022-08-01 2023-07-31 09701083 c:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 09701083 c:FullAccounts 2022-08-01 2023-07-31 09701083 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09701083 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:ExternallyAcquiredIntangibleAssets 2022-08-01 2023-07-31 09701083 d:DevelopmentCostsCapitalisedDevelopmentExpenditure d:OwnedIntangibleAssets 2022-08-01 2023-07-31 09701083 f:PoundSterling 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09701083










Family Law Cafe Limited








Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 July 2023

 
Family Law Cafe Limited
 
  
Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of Family Law Cafe Limited for the Year Ended 31 July 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Family Law Cafe Limited for the year ended 31 July 2023 which comprise the 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 Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Family Law Cafe Limited, as a body, in accordance with the terms of our engagement letter dated 10 November 2023Our work has been undertaken solely to prepare for your approval the financial statements of Family Law Cafe Limited  and state those matters that we have agreed to state to the Board of Directors of Family Law Cafe Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Family Law Cafe Limited and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Family Law Cafe Limited 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 Family Law Cafe Limited. You consider that Family Law Cafe Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Family Law Cafe Limited. 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.

  



Kreston Reeves LLP
Chartered Accountants
Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG
22 April 2024
Page 1

 
Family Law Cafe Limited
Registered number: 09701083

Balance Sheet
As at 31 July 2023

2023
2022
Note
£
£

Fixed assets
  

Intangible assets
 4 
61,321
100,611

Tangible assets
 5 
2,291
780

  
63,612
101,391

Current assets
  

Debtors: amounts falling due within one year
 6 
3,242
4,235

Cash at bank and in hand
  
1,079
578

  
4,321
4,813

Creditors: amounts falling due within one year
 7 
(25,901)
(74,843)

Net current liabilities
  
 
 
(21,580)
 
 
(70,030)

Total assets less current liabilities
  
42,032
31,361

Creditors: amounts falling due after more than one year
 8 
(65,280)
(65,280)

  

Net liabilities
  
(23,248)
(33,919)


Capital and reserves
  

Called up share capital 
 9 
107
107

Share premium account
  
40,038
40,038

Profit and loss account
  
(63,393)
(74,064)

  
(23,248)
(33,919)


Page 2

 
Family Law Cafe Limited
Registered number: 09701083

Balance Sheet (continued)
As at 31 July 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Ms J P Toch
Director

Date: 22 April 2024

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
Family Law Cafe Limited
 

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

1.


General information

Family Law Cafe Ltd is a private limited company limited by shares and is incorporated in England with the registration number 09701083. The address of the registered office is 16 High Holborn, London, WC1V 6BX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The presentation currency of the company is £ sterling and the figures in the financial statements have been rounded to the nearest £1.

The following principal accounting policies have been applied:

 
2.2

Going concern

The company is dependent on its directors to support the company until such time as it is able to pay third party liabilities from its own resources. Based on this the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Therefore, they continue to adopt the going concern basis of accounting in preparing the financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
Family Law Cafe Limited
 

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

2.Accounting policies (continued)

 
2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Development expenditure
-
5
years

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 5

 
Family Law Cafe Limited
 

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

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of
financial assets and liabilities like trade and other debtors and creditors, loans from banks and other
third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans
and other accounts receivable and payable, are initially measured at present value of the future cash
flows and subsequently at amortised cost using the effective interest method. Debt instruments that
are payable or receivable within one year, typically trade debtors and creditors, are measured, initially
and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid
or received. However, if the arrangements of a short-term instrument constitute a financing
transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an
out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially
at the present value of future cash flows discounted at a market rate of interest for a similar debt
instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the
case of a small company, or a public benefit entity concessionary loan.
Financial assets that are measured at cost and amortised cost are assessed at the end of each
reporting period for objective evidence of impairment. If objective evidence of impairment is found, an
impairment loss is recognised in the Statement of Comprehensive Income.
 
Page 6

 
Family Law Cafe Limited
 

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

2.Accounting policies (continued)


2.12
Financial instruments (continued)

For financial assets measured at amortised cost, the impairment loss is measured as the difference
between an asset's carrying amount and the present value of estimated cash flows discounted at the
asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate
for measuring any impairment loss is the current effective interest rate determined under the
contract.

 
2.13

Dividends

Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 4).


4.


Intangible assets




Development

£



Cost


At 1 August 2022
227,543


Additions
6,219



At 31 July 2023

233,762



Amortisation


At 1 August 2022
126,932


Charge for the year on owned assets
45,509



At 31 July 2023

172,441



Net book value



At 31 July 2023
61,321



At 31 July 2022
100,611



Page 7

 
Family Law Cafe Limited
 

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

5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 August 2022
2,594


Additions
2,123



At 31 July 2023

4,717



Depreciation


At 1 August 2022
1,814


Charge for the year on owned assets
612



At 31 July 2023

2,426



Net book value



At 31 July 2023
2,291



At 31 July 2022
780

Page 8

 
Family Law Cafe Limited
 

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

6.


Debtors

2023
2022
£
£


Trade debtors
2,812
4,235

Prepayments and accrued income
430
-

3,242
4,235



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
1,836
-

Trade creditors
1,665
45,163

Other taxation and social security
3,278
8,840

Other creditors
1,019
6,351

Accruals and deferred income
18,103
14,489

25,901
74,843



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Share capital treated as debt
8
8

Share premium treated as debt
65,272
65,272

65,280
65,280


Page 9

 
Family Law Cafe Limited
 

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

9.


Share capital

2023
2022
£
£
Shares classified as equity

Allotted, called up and fully paid



10,703 (2022 - 10,703) Ordinary shares of £0.01 each
107
107



2023
2022
£
£
Shares classified as debt

Allotted, called up and fully paid



768 (2022 - 768) Convertible preference shares of £0.01 each
8
8


Page 10