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REGISTERED NUMBER: 07845383 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Law Russell House Limited

Law Russell House Limited (Registered number: 07845383)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Law Russell House Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Z A Nazir





SECRETARY:





REGISTERED OFFICE: Trust House
Ground Floor St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL





REGISTERED NUMBER: 07845383 (England and Wales)





ACCOUNTANTS: Isaacs
Trust House
St James Business Park
5 New Augustus Street
Bradford
West Yorkshire
BD1 5LL

Law Russell House Limited (Registered number: 07845383)

Balance Sheet
30 November 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,533,192 1,526,788

CURRENT ASSETS
Debtors 5 55,000 55,914
Cash at bank and in hand 10,900 23,430
65,900 79,344
CREDITORS
Amounts falling due within one year 6 480,662 596,647
NET CURRENT LIABILITIES (414,762 ) (517,303 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,118,430

1,009,485

CREDITORS
Amounts falling due after more than one year 7 (591,571 ) (514,590 )

PROVISIONS FOR LIABILITIES (2,800 ) (2,906 )
NET ASSETS 524,059 491,989

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 524,058 491,988
524,059 491,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Law Russell House Limited (Registered number: 07845383)

Balance Sheet - continued
30 November 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 director and authorised for issue on 31 July 2024 and were signed by:





Z A Nazir - Director


Law Russell House Limited (Registered number: 07845383)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Law Russell House 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
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.

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 each asset over its estimated useful life.

20%

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

Law Russell House Limited (Registered number: 07845383)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 1,511,559 83,653 1,595,212
Additions - 13,043 13,043
Disposals - (991 ) (991 )
At 30 November 2023 1,511,559 95,705 1,607,264
DEPRECIATION
At 1 December 2022 - 68,424 68,424
Charge for year - 5,648 5,648
At 30 November 2023 - 74,072 74,072
NET BOOK VALUE
At 30 November 2023 1,511,559 21,633 1,533,192
At 30 November 2022 1,511,559 15,229 1,526,788

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 55,000 55,914

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 81,484
Trade creditors 14,709 7,539
Taxation and social security 20,373 10,201
Other creditors 445,580 497,423
480,662 596,647

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 481,147
Other creditors 591,571 33,443
591,571 514,590

Law Russell House Limited (Registered number: 07845383)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other Loans 591,571 33,443

Repayable by instalments
Bank loans more 5 yr by instal - 316,289