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REGISTERED NUMBER: 08260548 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

OB/GYN LEGAL LTD

OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OB/GYN LEGAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: Mr D Irons
Mrs D Irons
Miss G Irons
Mr E Irons
Mr O W Irons
Mr N J Cato





REGISTERED OFFICE: 2 Crewe Street
Seahouses
Northumberland
NE68 7RW





REGISTERED NUMBER: 08260548 (England and Wales)

OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 227,884 6,405
Investments 4 58,625 19,875
286,509 26,280

CURRENT ASSETS
Debtors 5 400,476 240,904
Cash at bank 436,595 603,970
837,071 844,874
CREDITORS
Amounts falling due within one year 6 139,678 99,577
NET CURRENT ASSETS 697,393 745,297
TOTAL ASSETS LESS CURRENT
LIABILITIES

983,902

771,577

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 983,702 771,377
983,902 771,577

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

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

OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)

BALANCE SHEET - continued
31 JANUARY 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 2 October 2024 and were signed on its behalf by:





Mr D Irons - Director


OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. 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.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER
The turnover shown in the profit and loss account represents amount earned during the year and is recognised when the company obtains the right to consideration.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

All fixed assets are initially recorded at cost.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

3. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 February 2023 - 15,664 15,664
Additions 222,904 1,028 223,932
At 31 January 2024 222,904 16,692 239,596
DEPRECIATION
At 1 February 2023 - 9,259 9,259
Charge for year - 2,453 2,453
At 31 January 2024 - 11,712 11,712
NET BOOK VALUE
At 31 January 2024 222,904 4,980 227,884
At 31 January 2023 - 6,405 6,405

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 February 2023 19,875
Additions 38,750
At 31 January 2024 58,625
NET BOOK VALUE
At 31 January 2024 58,625
At 31 January 2023 19,875

OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 238,346 177,851
Other debtors 5,000 21,000
Directors' current accounts 157,130 42,053
400,476 240,904

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 106,613 78,634
VAT 28,711 17,943
Accrued expenses 4,354 3,000
139,678 99,577

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr D Irons and Mrs D Irons
Balance outstanding at start of year 42,053 12,091
Amounts advanced 151,693 42,053
Amounts repaid (62,555 ) (12,091 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 131,191 42,053

Mr E Irons
Balance outstanding at start of year - -
Amounts advanced 9,939 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,939 -

OB/GYN LEGAL LTD (REGISTERED NUMBER: 08260548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mr O W Irons
Balance outstanding at start of year - -
Amounts advanced 6,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,000 -

Mr N J Cato
Balance outstanding at start of year - -
Amounts advanced 10,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,000 -