LPS SOLICITORS LIMITED

Company Registration Number:
05777383 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

LPS SOLICITORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

LPS SOLICITORS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 458,779 474,862
Investments: 4 310,000 310,000
Total fixed assets: 768,779 784,862
Current assets
Stocks: 115,885 165,755
Debtors:   580,759 534,090
Cash at bank and in hand: 1,032,123 1,016,213
Total current assets: 1,728,767 1,716,058
Creditors: amounts falling due within one year:   (150,806) (130,803)
Net current assets (liabilities): 1,577,961 1,585,255
Total assets less current liabilities: 2,346,740 2,370,117
Creditors: amounts falling due after more than one year:   (156,250) (218,750)
Total net assets (liabilities): 2,190,490 2,151,367
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,190,390 2,151,267
Shareholders funds: 2,190,490 2,151,367

The notes form part of these financial statements

LPS SOLICITORS LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 April 2024
and signed on behalf of the board by:

Name: S Hussain
Status: Director

The notes form part of these financial statements

LPS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

LPS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 30 30

LPS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 776,694
Additions 877
At 31 July 2023 777,571
Depreciation
At 01 August 2022 301,832
Charge for year 16,960
At 31 July 2023 318,792
Net book value
At 31 July 2023 458,779
At 31 July 2022 474,862

LPS SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Fixed investments

Fixed asset investments are stated at cost less provision for permanent diminution in value.