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REGISTERED NUMBER: 11789453 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

THE DASWANI LAW COMPANY LTD

THE DASWANI LAW COMPANY LTD (REGISTERED NUMBER: 11789453)

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


THE DASWANI LAW COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: Miss G Daswani





REGISTERED OFFICE: Fourth & Fifth Floors
14-15 Lower Grosvenor Place
London
SW1W 0EX





REGISTERED NUMBER: 11789453 (England and Wales)





ACCOUNTANTS: AKS Advisers
Fourth & Fifth Floors
14-15 Lower Grosvenor Place
London
SW1W 0EX

THE DASWANI LAW COMPANY LTD (REGISTERED NUMBER: 11789453)

BALANCE SHEET
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 122

CURRENT ASSETS
Debtors 5 7,207 1,140
Cash at bank 18,074 53,659
25,281 54,799
CREDITORS
Amounts falling due within one year 6 203,629 2,686
NET CURRENT (LIABILITIES)/ASSETS (178,348 ) 52,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

(178,348

)

52,235

CREDITORS
Amounts falling due after more than one
year

7

-

200,000
NET LIABILITIES (178,348 ) (147,765 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (178,349 ) (147,766 )
(178,348 ) (147,765 )

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 director acknowledges her 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 DASWANI LAW COMPANY LTD (REGISTERED NUMBER: 11789453)

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 director and authorised for issue on 25 October 2024 and were signed by:





Miss G Daswani - Director


THE DASWANI LAW COMPANY LTD (REGISTERED NUMBER: 11789453)

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


1. STATUTORY INFORMATION

The Daswani Law Company Ltd 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.

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.

Going concern
The company has incurred operating losses of £30,583 in the year to 31 January 2024 (2023: £43,146). In addition, the company has reported net liabilities amounting to £178,348 (2023: £147,765).

The director have reviewed the results till date and prepared forecasts. Based on these forecasts, they consider that the company will have sufficient funds to meet its cash requirements and its liabilities as they fall due for the next twelve months form the approval of these financial statements.

At the time of approving the financial statements, the director have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and net of discounts. Turnover includes revenue earned from the rendering of services, Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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.


THE DASWANI LAW COMPANY LTD (REGISTERED NUMBER: 11789453)

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


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.

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 1,468
DEPRECIATION
At 1 February 2023 1,346
Charge for year 122
At 31 January 2024 1,468
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 122

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 5,622 1,140
Other debtors 1,585 -
7,207 1,140

THE DASWANI LAW COMPANY LTD (REGISTERED NUMBER: 11789453)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 311 (1 )
Taxation and social security - 814
Other creditors 203,318 1,873
203,629 2,686

Other creditors include directors loan of £200,918 (2023: £638). The loan is unsecured and interest free.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other creditors - 200,000

Other creditors include directors loan of £NIL (2023: £200,000). The loan is unsecured and interest free.

8. ULTIMATE CONTROLLING PARTY

The director is the ultimate controlling party of the company by virtue of their shareholdings.