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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
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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
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LEGAL & COMMERCIAL CONSULTANCY LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,355 
884 
Current assets
Debtors
13,550 
- 
Cash at bank and in hand
204,003 
244,854 
217,553 
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 
Capital and reserves
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
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LEGAL & COMMERCIAL CONSULTANCY LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33%
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 
Additions
- 
3,014 
3,014 
At 30 November 2023
1,536 
4,676 
6,212 
Depreciation
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 
Net book value
At 30 November 2023
- 
2,355 
2,355 
At 30 November 2022
- 
884 
884 
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LEGAL & COMMERCIAL CONSULTANCY LTD Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
13,550 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
4,738 
8,756 
Taxes and social security
21,122 
34,478 
Other creditors
1,150 
1,491 
Loans from directors
- 
19,322 
27,010 
64,047 
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).
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