Company Registration No. 11089520 (England and Wales)
LEGAL & COMMERCIAL CONSULTANCY LTD
Unaudited accounts
for the year ended 30 November 2023
LEGAL & COMMERCIAL CONSULTANCY LTD
Unaudited accounts
Contents
LEGAL & COMMERCIAL CONSULTANCY LTD
Company Information
for the year ended 30 November 2023
Director
Abdul Nasser Hussain
Company Number
11089520 (England and Wales)
Registered Office
SUITE 1, 5TH FLOOR 31/32 PARK ROW
LEEDS
LS1 5JD
UNITED KINGDOM
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
LEGAL & COMMERCIAL CONSULTANCY LTD
Statement of financial position
as at 30 November 2023
Cash at bank and in hand
204,003
244,854
Creditors: amounts falling due within one year
(27,010)
(64,047)
Net current assets
190,543
180,807
Net assets
192,898
181,691
Called up share capital
1
1
Profit and loss account
192,897
181,690
Shareholders' funds
192,898
181,691
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2024 and were signed on its behalf by
Abdul Nasser Hussain
Director
Company Registration No. 11089520
LEGAL & COMMERCIAL CONSULTANCY LTD
Notes to the Accounts
for the year ended 30 November 2023
LEGAL & COMMERCIAL CONSULTANCY LTD is a private company, limited by shares, registered in England and Wales, registration number 11089520. The registered office is SUITE 1, 5TH FLOOR 31/32 PARK ROW, LEEDS, LS1 5JD, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
1,536
1,662
3,198
At 30 November 2023
1,536
4,676
6,212
At 1 December 2022
1,536
778
2,314
Charge for the year
-
1,543
1,543
At 30 November 2023
1,536
2,321
3,857
At 30 November 2023
-
2,355
2,355
At 30 November 2022
-
884
884
LEGAL & COMMERCIAL CONSULTANCY LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
21,122
34,478
Other creditors
1,150
1,491
Loans from directors
-
19,322
7
Transactions with related parties
As at the year end, the company was owed an inter company balance of £2,654 to its connected company, WISDOMHOUSE LTD. The loan is unsecured, interest free and repayable on demand.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).