Company Registration No. 11467152 (England and Wales)
CALCUTT LAW LTD
Unaudited accounts
for the year ended 31 July 2024
CALCUTT LAW LTD
Unaudited accounts
Contents
CALCUTT LAW LTD
Company Information
for the year ended 31 July 2024
Company Number
11467152 (England and Wales)
Registered Office
151 WHITELADIES ROAD
CLIFTON
BRISTOL
BS8 2RA
Accountants
FARQUHAR PARTNERSHIP LIMITED
151 WHITELADIES ROAD
CLIFTON
BRISTOL
BS8 2RA
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
CALCUTT LAW LTD
for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
CALCUTT LAW LTD for the year ended
31 July 2024 as set out on pages
5 -
8 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 https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of CALCUTT LAW LTD, as a body, in accordance with the terms of our engagement letter dated 7 August 2018. Our work has been undertaken solely to prepare for your approval the accounts of CALCUTT LAW LTD and state those matters that we have agreed to state to the Board of Directors of CALCUTT LAW LTD, 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/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CALCUTT LAW LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CALCUTT LAW LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of CALCUTT LAW LTD. You consider that CALCUTT LAW LTD 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 accounts of CALCUTT LAW LTD. 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 accounts.
FARQUHAR PARTNERSHIP LIMITED
Chartered Certified Accountants
151 WHITELADIES ROAD
CLIFTON
BRISTOL
BS8 2RA
16 October 2024
CALCUTT LAW LTD
Statement of financial position
as at 31 July 2024
Tangible assets
2,738
2,867
Cash at bank and in hand
101,432
100,943
Creditors: amounts falling due within one year
(50,588)
(48,383)
Net current assets
73,945
67,213
Total assets less current liabilities
76,683
70,080
Provisions for liabilities
Called up share capital
13
13
Profit and loss account
75,986
69,359
Shareholders' funds
75,999
69,372
For the year ending 31 July 2024 the company was entitled to exemption from audit 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 October 2024 and were signed on its behalf by
H L Calcutt
Director
Company Registration No. 11467152
CALCUTT LAW LTD
Notes to the Accounts
for the year ended 31 July 2024
CALCUTT LAW LTD is a private company, limited by shares, registered in England and Wales, registration number 11467152. The registered office is 151 WHITELADIES ROAD, CLIFTON, BRISTOL, BS8 2RA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CALCUTT LAW LTD
Notes to the Accounts
for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
22,797
14,195
Accrued income and prepayments
301
458
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,300
2,160
Taxes and social security
43,315
38,888
Loans from directors
3,805
5,813
7
Deferred taxation
2024
2023
Accelerated capital allowances
684
708
Provision at start of year
708
425
(Credited)/charged to the profit and loss account
(24)
283
Provision at end of year
684
708
CALCUTT LAW LTD
Notes to the Accounts
for the year ended 31 July 2024
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
3 A Ordinary shares of £1 each
3
3
9
Operating lease commitments
2024
2023
At 31 July 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
1,285
910
10
Average number of employees
During the year the average number of employees was 3 (2023: 2).