Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-311No description of principal activityfalse2022-08-011truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09135433 2022-08-01 2023-07-31 09135433 2021-08-01 2022-07-31 09135433 2023-07-31 09135433 2022-07-31 09135433 c:Director1 2022-08-01 2023-07-31 09135433 d:PlantMachinery 2022-08-01 2023-07-31 09135433 d:PlantMachinery 2023-07-31 09135433 d:PlantMachinery 2022-07-31 09135433 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09135433 d:MotorVehicles 2022-08-01 2023-07-31 09135433 d:MotorVehicles 2023-07-31 09135433 d:MotorVehicles 2022-07-31 09135433 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09135433 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09135433 d:CurrentFinancialInstruments 2023-07-31 09135433 d:CurrentFinancialInstruments 2022-07-31 09135433 d:Non-currentFinancialInstruments 2023-07-31 09135433 d:Non-currentFinancialInstruments 2022-07-31 09135433 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09135433 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 09135433 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 09135433 d:Non-currentFinancialInstruments d:AfterOneYear 2022-07-31 09135433 d:ShareCapital 2023-07-31 09135433 d:ShareCapital 2022-07-31 09135433 d:RetainedEarningsAccumulatedLosses 2023-07-31 09135433 d:RetainedEarningsAccumulatedLosses 2022-07-31 09135433 c:FRS102 2022-08-01 2023-07-31 09135433 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09135433 c:FullAccounts 2022-08-01 2023-07-31 09135433 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Registered number: 09135433









NJT LAW LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
NJT LAW LTD
REGISTERED NUMBER: 09135433

BALANCE SHEET
AS AT 31 JULY 2023

2023
2023
2022
2022
Note
£
£
£
£

Fixed assets
  

Tangible assets
 4 
19,884
26,510

  
19,884
26,510

Current assets
  

Debtors: amounts falling due within one year
 5 
8,385
4,177

Cash at bank and in hand
 6 
7,054
10,068

  
15,439
14,245

Creditors: amounts falling due within one year
 7 
(13,598)
(14,966)

Net current assets/(liabilities)
  
 
 
1,841
 
 
(721)

Total assets less current liabilities
  
21,725
25,789

Creditors: amounts falling due after more than one year
 8 
(17,986)
(21,322)

  

Net assets
  
3,739
4,467


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
3,639
4,367

  
3,739
4,467


Page 1

 
NJT LAW LTD
REGISTERED NUMBER: 09135433
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The director considers 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 director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

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 income and retained earnings 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: 




................................................
N J Easton
Director

Date: 6 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
NJT LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


General information

NJT Law Ltd is a private company limited by shares. The company is incorporated in England and Wales and the adress of its registered office is 101 Hutton Grove, London, N12 8DS. The registered number is 09135433

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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.

 
2.3

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.

Page 3

 
NJT LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

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.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
reducing balance
Motor vehicles
-
25%
reducing balance

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.

 
2.6

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.

 
2.7

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.

 
2.8

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.

Page 4

 
NJT LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2023
        2022
            No.
            No.







Director
1
1


4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 August 2022
549
27,778
28,327



At 31 July 2023

549
27,778
28,327



Depreciation


At 1 August 2022
80
1,736
1,816


Charge for the year on owned assets
117
6,510
6,627



At 31 July 2023

197
8,246
8,443



Net book value



At 31 July 2023
352
19,532
19,884



At 31 July 2022
469
26,041
26,510


5.


Debtors

2023
2022
£
£


Trade debtors
6,519
1,632

Prepayments and accrued income
1,866
2,545

8,385
4,177


Page 5

 
NJT LAW LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
7,054
10,068

7,054
10,068



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
6,076
3,139

Obligations under finance lease and hire purchase contracts
3,336
3,336

Other creditors
2,360
5,029

Accruals and deferred income
1,826
3,462

13,598
14,966



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
17,986
21,322

17,986
21,322


 
Page 6