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Logo On Report
Registered Number: 12272186
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 31 October 2023

for

LEGALEASEY LTD

Director Johnny Drysdale
Registered Number 12272186
Registered Office 20c Elgin Crescent First Floor Flat
London
W11 2JR
Accountants Quove Accounting Ltd
3 Brickfields Business Park
Old Stowmarket Road, Woolpit
Bury St Edmunds
IP30 9QS
1
  2023   2022
    £ £   £ £
Fixed assets   963      481 
Current assets 101,717      178,415   
Creditors: amount falling due within one year (87,997)     (90,861)  
Net current assets   13,720      87,554 
Total assets less current liabilities   14,683      88,035 
Creditors: amount falling due after more than one year   (13,881)     (18,372)
Net assets   802      69,663 
 

         
Capital and reserves   802      69,663 
 
NOTES TO THE ACCOUNTS

General Information
Legaleasey Ltd is a private company, limited by shares, registered in England and Wales, registration number 12272186, registration address 20c Elgin Crescent First Floor Flat, London, W11 2JR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
2.

Tangible fixed assets

Cost or valuation Plant and Machinery   Total
  £   £
At 01 November 2022 1,282    1,282 
Additions 803    803 
Disposals  
At 31 October 2023 2,085    2,085 
Depreciation
At 01 November 2022 801    801 
Charge for year 321    321 
On disposals  
At 31 October 2023 1,122    1,122 
Net book values
Closing balance as at 31 October 2023 963    963 
Opening balance as at 01 November 2022 481    481 


3.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).


For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 28 March 2024 and were signed by:


--------------------------------
Johnny Drysdale
Director
2