J F BATULA SOLICITORS LIMITED

Company Registration Number:
09957400 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

J F BATULA SOLICITORS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

J F BATULA SOLICITORS LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Jubril Batula
Registered office: Room 7, 35b Astbury Road
Room 7, 35b Astbury Road,
Off Queens Road
Peckham, London
London
GBR
SE15 2NL
Company Registration Number: 09957400 (England and Wales)

J F BATULA SOLICITORS LIMITED

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The company's principal activity during the year continued to be solicitors.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Jubril Batula

This report was approved by the board of directors on 18 October 2024
And Signed On Behalf Of The Board By:

Name: Jubril Batula
Status: Director

J F BATULA SOLICITORS LIMITED

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 140,416 125,731
Cost of sales ( 86,777 ) ( 79,046 )
Gross Profit or (Loss) 53,639 46,685
Administrative Expenses ( 48,592 ) ( 43,009 )
Operating Profit or (Loss) 5,047 3,676
Profit or (Loss) Before Tax 5,047 3,676
Tax on Profit ( 1,149 ) ( 442 )
Profit or (Loss) for Period 3,898 3,234

The notes form part of these financial statements

J F BATULA SOLICITORS LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,000 2,000
Total fixed assets: 1,000 2,000
Current assets
Debtors: 5 9,234 9,234
Cash at bank and in hand: 7,894 4,311
Total current assets: 17,128 13,545
Creditors: amounts falling due within one year: 6 ( 5,499 ) ( 3,619 )
Net current assets (liabilities): 11,629 9,926
Total assets less current liabilities: 12,629 11,926
Creditors: amounts falling due after more than one year: 7 ( 7,747 ) ( 10,942 )
Total net assets (liabilities): 4,882 984

The notes form part of these financial statements

J F BATULA SOLICITORS LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,782 884
Shareholders funds: 4,882 984

For the year ending 31 January 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.

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

This report was approved by the board of directors on 18 October 2024
And Signed On Behalf Of The Board By:

Name: Jubril Batula
Status: Director

The notes form part of these financial statements

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    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 includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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 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, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
    Fixtures, fittings, tools and equipment over 5 years

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2023 7,750 7,750
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 7,750 7,750
Depreciation
At 01 February 2023 5,750 5,750
Charge for year 1,000 1,000
On disposals - -
Other adjustments - -
At 31 January 2024 6,750 6,750
Net book value
At 31 January 2024 1,000 1,000
At 31 January 2023 2,000 2,000

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Trade debtors 9,234 9,234
Total 9,234 9,234

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 3,900 2,400
Taxation and social security 1,591 442
Other creditors 8 777
Total 5,499 3,619

J F BATULA SOLICITORS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 7,747 10,942
Total 7,747 10,942