THE LAW FIRM GROUP LTD

Company Registration Number:
11187289 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

THE LAW FIRM GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

THE LAW FIRM GROUP LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 10,000 1,500
Tangible assets: 4 20,314 17,694
Total fixed assets: 30,314 19,194
Current assets
Stocks: 360,300 339,096
Debtors:   606,587 576,278
Cash at bank and in hand: 73,796 78,078
Total current assets: 1,040,683 993,452
Creditors: amounts falling due within one year:   (467,140) (432,925)
Net current assets (liabilities): 573,543 560,527
Total assets less current liabilities: 603,857 579,721
Creditors: amounts falling due after more than one year:   (1,274,607) (1,257,375)
Total net assets (liabilities): (670,750) (677,654)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (670,850) (677,754)
Shareholders funds: (670,750) (677,654)

The notes form part of these financial statements

THE LAW FIRM GROUP LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2024
and signed on behalf of the board by:

Name: M E Fisher
Status: Director

The notes form part of these financial statements

THE LAW FIRM GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover consists of the revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows Leasehold land and buildings twenty two per cent straight line basis. Fixtures, fittings and equipment twenty per cent straight line basis. Computer equipment thirty three per cent straight line basis.

THE LAW FIRM GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 21 18

THE LAW FIRM GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 145,819
Additions 13,500
At 31 March 2024 159,319
Amortisation
At 01 April 2023 144,319
Charge for year 5,000
At 31 March 2024 149,319
Net book value
At 31 March 2024 10,000
At 31 March 2023 1,500

THE LAW FIRM GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 108,602
Additions 15,536
Disposals (8,161)
At 31 March 2024 115,977
Depreciation
At 01 April 2023 90,908
Charge for year 12,916
On disposals (8,161)
At 31 March 2024 95,663
Net book value
At 31 March 2024 20,314
At 31 March 2023 17,694