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REGISTERED NUMBER: 07111457 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DARTON LAW LIMITED

DARTON LAW LIMITED (REGISTERED NUMBER: 07111457)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


DARTON LAW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: D J Flick





REGISTERED OFFICE: 6 Hamilton Parade
Groveley Road
Feltham
England
TW13 4PJ





REGISTERED NUMBER: 07111457 (England and Wales)





ACCOUNTANTS: THP Limited
Chartered Accountants
Unit 4 Mulgrave Chambers
26-28 Mulgrave Road
Sutton
Surrey
SM2 6LE

DARTON LAW LIMITED (REGISTERED NUMBER: 07111457)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,390 6,216

CURRENT ASSETS
Debtors 5 282,939 334,804
Cash at bank and in hand 6 275,806 1,370,520
558,745 1,705,324
CREDITORS
Amounts falling due within one year 7 373,105 1,464,812
NET CURRENT ASSETS 185,640 240,512
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,030

246,728

CREDITORS
Amounts falling due after more than one
year

8

(39,442

)

(53,442

)

PROVISIONS FOR LIABILITIES 12 - (300 )
NET ASSETS 150,588 192,986

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 1 1
Retained earnings 150,586 192,984
SHAREHOLDERS' FUNDS 150,588 192,986

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

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

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 20 September 2024 and were signed by:





D J Flick - Director


DARTON LAW LIMITED (REGISTERED NUMBER: 07111457)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Darton 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

The director, having considered all the information available, is confident that the company has adequate reserves and resources to continue its operational activities for the foreseeable future. Accordingly, the director is satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services supplied, net of value added tax.

Revenue represents net invoiced sales of legal services, excluding value added tax, as adjusted for opening and closing work in progress.

Work in progress
Work in progress is valued by reference to the recoverability of work performed at the balance sheet date and is included with trade debtors.

Government grants
Government grants are accounted for using the accruals basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - Straight line over 5 years and Straight line over 3 years
Computer equipment - Straight line over 3 years

Financial instruments
The company has chosen to adopt Sections 11 and 12 of FRS102 in respect of financial instruments.

The company only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently carried at this value less any provision for impairment.

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.


DARTON LAW LIMITED (REGISTERED NUMBER: 07111457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued
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.

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.

Leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 9,871 15,869 25,740
Disposals (2,107 ) (7,054 ) (9,161 )
At 31 December 2023 7,764 8,815 16,579
DEPRECIATION
At 1 January 2023 4,068 15,456 19,524
Charge for year 1,593 233 1,826
Eliminated on disposal (2,107 ) (7,054 ) (9,161 )
At 31 December 2023 3,554 8,635 12,189
NET BOOK VALUE
At 31 December 2023 4,210 180 4,390
At 31 December 2022 5,803 413 6,216

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 175,407 256,791
Director's loan account 101,191 55,906
Corporation tax recoverable - 9,422
Deferred tax asset 689 -
Prepayments 5,652 12,685
282,939 334,804

6. CASH AT BANK AND IN HAND
2023 2022
£    £   
Office monies held 17,104 8,972
Client monies held 258,681 1,361,527
Cash in hand 21 21
275,806 1,370,520

DARTON LAW LIMITED (REGISTERED NUMBER: 07111457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loan (see note 9) 14,000 14,000
Trade creditors 11,960 24,320
Clients' ledger balances 258,681 1,361,527
Social security and other taxes 10,840 10,617
VAT 63,884 45,434
Accrued expenses 13,740 8,914
373,105 1,464,812

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loan (see note 9) 39,442 53,442

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loan - less than 1 year 14,000 14,000

Amounts falling due between one and two years:
Bank loans 14,000 14,000

Amounts falling due between two and five years:
Bank loan - 2-5 years 25,442 39,442

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 44,247 31,290
Between one and five years 147,240 96,000
In more than five years 198,000 222,000
389,487 349,290

The above amounts relate to property and vehicles.

11. SECURED DEBTS

The bank loan is secured by an unlimited debenture incorporating a fixed and floating charge over the assets of the company.

The loan was advanced in 2017 and is repayable in 120 instalments.

12. PROVISIONS FOR LIABILITIES
2022
£   
Deferred tax
Tax losses carried forward (943 )
Accelerated capital allowances 1,243
300

DARTON LAW LIMITED (REGISTERED NUMBER: 07111457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


12. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2023 300
Credit to Income Statement during year (989 )
Balance at 31 December 2023 (689 )

13. TRANSACTIONS WITH DIRECTORS

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
D J Flick
Balance outstanding at start of year 55,906 52,116
Amounts advanced 75,285 105,185
Amounts repaid (30,000 ) (101,395 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 101,191 55,906

During the year the director paid loan interest of £1,306 (2022: £930) in respect of short term advances which were fully repaid by the balance sheet date.

14. RELATED PARTY DISCLOSURES

The company paid rent of £24,000 (2022: £18,000) for the leasing of commercial premises to a company in which the director has an interest. The rent charged is at market rate.