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Company Registration No. 11500038 (England and Wales)
AKYOL LAW LTD Unaudited accounts for the year ended 31 December 2023
AKYOL LAW LTD Unaudited accounts Contents
Page
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AKYOL LAW LTD Company Information for the year ended 31 December 2023
Directors
Huseyin Akyol Brucu Hamrat
Company Number
11500038 (England and Wales)
Registered Office
132 Hertford Road Enfield London EN3 5AX
Accountants
Multiplus Tax Solutions Ltd Suite 1 Chantal House 13-17 High Beech Road Loughton Essex IG10 4BN
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AKYOL LAW LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,646 
7,051 
Current assets
Debtors
11,745 
18,459 
Cash at bank and in hand
353,611 
569,925 
365,356 
588,384 
Creditors: amounts falling due within one year
(357,206)
(586,952)
Net current assets
8,150 
1,432 
Total assets less current liabilities
13,796 
8,483 
Creditors: amounts falling due after more than one year
(3,717)
(6,289)
Net assets
10,079 
2,194 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
10,078 
2,193 
Shareholders' funds
10,079 
2,194 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by
Huseyin Akyol Director Company Registration No. 11500038
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AKYOL LAW LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
AKYOL LAW LTD is a private company, limited by shares, registered in England and Wales, registration number 11500038. The registered office is 132 Hertford Road, Enfield, London, EN3 5AX.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Fixtures & fittings
20% reducing balance method
Computer equipment
20% reducing balance method
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
3,362 
9,272 
12,634 
At 31 December 2023
3,362 
9,272 
12,634 
Depreciation
At 1 January 2023
1,540 
4,043 
5,583 
Charge for the year
359 
1,046 
1,405 
At 31 December 2023
1,899 
5,089 
6,988 
Net book value
At 31 December 2023
1,463 
4,183 
5,646 
At 31 December 2022
1,822 
5,229 
7,051 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
8,745 
15,459 
Other debtors
3,000 
3,000 
11,745 
18,459 
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AKYOL LAW LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,769 
2,769 
VAT
8,911 
6,717 
Obligations under finance leases and hire purchase contracts
263 
1,961 
Taxes and social security
6,974 
12,761 
Other creditors
338,289 
566,147 
Loans from directors
- 
(3,403)
357,206 
586,952 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,717 
6,289 
8
Average number of employees
During the year the average number of employees was 6 (2022: 4).
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