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REGISTERED NUMBER: 07934502 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

DG Legal Limited

DG Legal Limited (Registered number: 07934502)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

DG Legal Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Ms MC O'Brien
Mr D Gilmore





REGISTERED OFFICE: 39 The Rushes
Loughborough
Leicestershire
LE11 5BG





REGISTERED NUMBER: 07934502 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

DG Legal Limited (Registered number: 07934502)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 295 413
Tangible assets 5 121,538 127,964
121,833 128,377

CURRENT ASSETS
Debtors 6 202,801 73,169
Cash at bank 394,278 481,572
597,079 554,741
CREDITORS
Amounts falling due within one year 7 157,080 155,500
NET CURRENT ASSETS 439,999 399,241
TOTAL ASSETS LESS CURRENT
LIABILITIES

561,832

527,618

PROVISIONS FOR LIABILITIES 30,385 24,302
NET ASSETS 531,447 503,316

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 531,347 503,216
SHAREHOLDERS' FUNDS 531,447 503,316

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

DG Legal Limited (Registered number: 07934502)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by:





Ms MC O'Brien - Director


DG Legal Limited (Registered number: 07934502)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

DG Legal 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of fourteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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 - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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.

DG Legal Limited (Registered number: 07934502)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
Goodwill licences Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 344,050 590 344,640
AMORTISATION
At 1 April 2023 344,050 177 344,227
Amortisation for year - 118 118
At 31 March 2024 344,050 295 344,345
NET BOOK VALUE
At 31 March 2024 - 295 295
At 31 March 2023 - 413 413

DG Legal Limited (Registered number: 07934502)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 7,385 155,080 45,903 208,368
Additions 2,094 62,583 6,065 70,742
Disposals - (59,790 ) (12,499 ) (72,289 )
At 31 March 2024 9,479 157,873 39,469 206,821
DEPRECIATION
At 1 April 2023 6,765 45,050 28,589 80,404
Charge for year 882 37,651 4,836 43,369
Eliminated on disposal - (36,931 ) (1,559 ) (38,490 )
At 31 March 2024 7,647 45,770 31,866 85,283
NET BOOK VALUE
At 31 March 2024 1,832 112,103 7,603 121,538
At 31 March 2023 620 110,030 17,314 127,964

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 9,496 19,778
Other debtors 193,305 53,391
202,801 73,169

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 13,463 15,845
Taxation and social security 131,176 129,914
Other creditors 12,441 9,741
157,080 155,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary shares £1 100 100

DG Legal Limited (Registered number: 07934502)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mr D Gilmore
Balance outstanding at start of year 5,854 16,696
Amounts advanced 116,684 5,854
Amounts repaid (5,854 ) (16,696 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 116,684 5,854

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D Gilmore and Miss M O'Brien.

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
DG Legal Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DG Legal Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of DG Legal Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DG Legal Limited and state those matters that we have agreed to state to the Board of Directors of DG Legal Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that DG Legal Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DG Legal Limited. You consider that DG Legal Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DG Legal Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


Date: .............................................