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REGISTERED NUMBER: 09819846 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CHASE LOMBARD LAW LIMITED

CHASE LOMBARD LAW LIMITED (REGISTERED NUMBER: 09819846)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 3


CHASE LOMBARD LAW LIMITED

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTORS: W C E Birchley-Titmus
M Titmus





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 09819846 (England and Wales)

CHASE LOMBARD LAW LIMITED (REGISTERED NUMBER: 09819846)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 54,190 8,909

CURRENT ASSETS
Debtors 30,974 29,791
Cash at bank 2,289 67,378
33,263 97,169
CREDITORS
Amounts falling due within one year 73,640 59,058
NET CURRENT (LIABILITIES)/ASSETS (40,377 ) 38,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,813

47,020

PROVISIONS FOR LIABILITIES 4,098 1,693
NET ASSETS 9,715 45,327

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 9,713 45,325
SHAREHOLDERS' FUNDS 9,715 45,327

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

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

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 July 2024 and were signed on its behalf by:



W C E Birchley-Titmus - Director



M Titmus - Director


CHASE LOMBARD LAW LIMITED (REGISTERED NUMBER: 09819846)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023


1. STATUTORY INFORMATION

Chase Lombard Law Limited is a private company, limited by shares , registered in England and Wales. 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents sales of legal services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, furniture and equipment -25% on cost
Motor vehicles-25% on cost

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Deferred tax represents the future tax consequences of material transactions and events recognised in the financial statements of current and previous periods.

Current and deferred tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. Payments are apportioned between the finance charge and the capital amount and the related obligations, net of future finance charges, are included in creditors.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

CHASE LOMBARD LAW LIMITED (REGISTERED NUMBER: 09819846)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 25,483
Additions 52,792
At 31 October 2023 78,275
DEPRECIATION
At 1 November 2022 16,574
Charge for year 7,511
At 31 October 2023 24,085
NET BOOK VALUE
At 31 October 2023 54,190
At 31 October 2022 8,909

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 46,096
At 31 October 2023 46,096
DEPRECIATION
Charge for year 3,315
At 31 October 2023 3,315
NET BOOK VALUE
At 31 October 2023 42,781

5. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2023 2022
£    £   
Net obligations repayable:
Within one year 41,778 -