Registered number
08321785
B&F Legal Adviser Limited
Filleted Accounts
31 December 2023
B&F Legal Adviser Limited
Registered number: 08321785
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 434 543
Current assets
Debtors 4 2,840 2,840
Cash at bank and in hand 105,542 47,146
108,382 49,986
Creditors: amounts falling due within one year 5 (51,939) (24,499)
Net current assets 56,443 25,487
Net assets 56,877 26,030
Capital and reserves
Called up share capital 2 2
Profit and loss account 56,875 26,028
Shareholder's funds 56,877 26,030
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Léopoldine Mineo
Director
Approved by the board on 19 February 2024
B&F Legal Adviser Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Functional and presentation currency
The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.
Employee benefits
Short-term employee benefits
Short-term employee benefits are recognised as an expense in the period in which they are incurred.

Post-employment defined contribution plans
Amounts in respect of defined contributions plans are recognised as an expense as they are incurred.

Termination benefits
Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.
Leased assets
Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Going concern
The financial statements have been prepared on the basis that the company will receive continued financial support from bank and director and has adequate resources to continue in operational existence for the foreseeable future.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Fixtures, fittings, tools and equipment
£
Cost
At 1 January 2023 1,317
At 31 December 2023 1,317
Depreciation
At 1 January 2023 774
Charge for the year 109
At 31 December 2023 883
Net book value
At 31 December 2023 434
At 31 December 2022 543
4 Debtors 2023 2022
£ £
Other debtors 2,840 2,840
Other debtors include rent deposit of £2,840 (2021 - £2,840) and a Vat refund of £nil (2021 - £672).
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 355 -
Trade creditors 1,800 1,500
Corporation tax 16,530 2,699
Other creditors 33,254 20,300
51,939 24,499
6 Related party transactions
Léopoldine Mineo declared dividends of £31,000 (2022 - £18,000) and a director's loan of £2,255 (2022 - £2,300).
7 Controlling party
Léopoldine Mineo is ultimate the controlling party.
8 Other information
B&F Legal Adviser Limited is a private company limited by shares and incorporated in England. Its registered office is:
5 St. John Street
London
EC1M 4BH
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