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REGISTERED NUMBER: SC419982 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

A & J Law (Mobility Matters) Ltd

A & J Law (Mobility Matters) Ltd (Registered number: SC419982)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A & J Law (Mobility Matters) Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: Mr A J Law
Mr J J Law





REGISTERED OFFICE: 2 Argyle Street
Stonehouse
Lanarkshire
ML9 3LL





REGISTERED NUMBER: SC419982 (Scotland)





ACCOUNTANTS: ICW Accountancy Ltd
15 St Leonard Street
Lanark
Lanarkshire
ML11 7AB

A & J Law (Mobility Matters) Ltd (Registered number: SC419982)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,502 36,329

CURRENT ASSETS
Stocks 30,747 46,908
Debtors 5 93,143 173,104
Cash at bank and in hand 307,631 325,234
431,521 545,246
CREDITORS
Amounts falling due within one year 6 19,750 41,910
NET CURRENT ASSETS 411,771 503,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

483,273

539,665

PROVISIONS FOR LIABILITIES 13,585 1,878
NET ASSETS 469,688 537,787

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 469,588 537,687
SHAREHOLDERS' FUNDS 469,688 537,787

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

A & J Law (Mobility Matters) Ltd (Registered number: SC419982)

Balance Sheet - continued
31 August 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 2 January 2024 and were signed on its behalf by:





Mr A J Law - Director


A & J Law (Mobility Matters) Ltd (Registered number: SC419982)

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

1. STATUTORY INFORMATION

A & J Law (Mobility Matters) Ltd is a private company, limited by shares , registered in Scotland. 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.

Preparation of consolidated financial statements
The financial statements contain information about A & J Law (Mobility Matters) Ltd as an individual company. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, A & J Law Group Ltd, a company registered in Scotland.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant & Machinery - 20% reducing balance
Motor Vehicles - 25% reducing balance
Computer equipment - 33.33% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


A & J Law (Mobility Matters) Ltd (Registered number: SC419982)

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

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 38,725 48,666 1,159 88,550
Additions - 56,041 379 56,420
Disposals - (21,371 ) - (21,371 )
At 31 August 2023 38,725 83,336 1,538 123,599
DEPRECIATION
At 1 September 2022 28,939 22,123 1,159 52,221
Charge for year 2,430 11,856 94 14,380
Eliminated on disposal - (14,504 ) - (14,504 )
At 31 August 2023 31,369 19,475 1,253 52,097
NET BOOK VALUE
At 31 August 2023 7,356 63,861 285 71,502
At 31 August 2022 9,786 26,543 - 36,329

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 30,461 67,273
Other debtors 62,682 105,831
93,143 173,104

A & J Law (Mobility Matters) Ltd (Registered number: SC419982)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 16,673 8,118
Taxation and social security - 30,840
Other creditors 3,077 2,952
19,750 41,910

7. RELATED PARTY DISCLOSURES

During the year the business paid a rent of £6,500 (2022: £6,500) to Mr A Law's (Company Director) self invested personal pension, this was carried out on a normal commercial basis.

8. ULTIMATE CONTROLLING PARTY

The controlling party is A & J Law Group Ltd.