LIBERAY LEGAL LIMITED

Company Registration Number:
13833529 (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

LIBERAY LEGAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

LIBERAY LEGAL LIMITED

Company Information

for the Period Ended 31 January 2024




Registered office: Bruntwood Estates Ltd
Spa Road
Bolton
England
BL1 4AG
Company Registration Number: 13833529 (England and Wales)

LIBERAY LEGAL LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Fixed assets
Intangible assets: 4 24,000 27,000
Tangible assets: 5 15,175 5,828
Total fixed assets: 39,175 32,828
Current assets
Debtors: 6 3,516,790 591,762
Cash at bank and in hand: 1,359,504 844,993
Total current assets: 4,876,294 1,436,755
Prepayments and accrued income: 7,879 3,595
Creditors: amounts falling due within one year: 7 ( 168,734 ) ( 41,834 )
Net current assets (liabilities): 4,715,439 1,398,516
Total assets less current liabilities: 4,754,614 1,431,344
Creditors: amounts falling due after more than one year: 8 ( 6,052,943 ) ( 2,186,016 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): ( 1,298,329 ) ( 754,672 )

The notes form part of these financial statements

LIBERAY LEGAL LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£
13 months to
31 Jan 2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 1,298,330 ) ( 754,673 )
Shareholders funds: ( 1,298,329 ) ( 754,672 )

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 31 October 2024
And Signed On Behalf Of The Board By:

Name: richard law
Status: Director

The notes form part of these financial statements

LIBERAY LEGAL 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

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024
    13 months to
    31 Jan 2023
    Average number of employees during the period 28 4

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 February 2023 30,000 30,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 30,000 30,000
Amortisation
Amortisation at 01 February 2023 3,000 3,000
Charge for year 3,000 3,000
On disposals - -
Other adjustments - -
Amortisation at 31 January 2024 6,000 6,000
Net book value
Net book value at 31 January 2024 24,000 24,000
Net book value at 31 January 2023 27,000 27,000

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 February 2023 0 8,742 8,742
Additions - 25,209 25,209
Disposals - ( 6,817 ) ( 6,817 )
Revaluations - - -
Transfers - - -
At 31 January 2024 0 27,134 27,134
Depreciation
At 01 February 2023 - 2,914 2,914
Charge for year - 9,045 9,045
On disposals - - -
Other adjustments - - -
At 31 January 2024 - 11,959 11,959
Net book value
At 31 January 2024 0 15,175 15,175
At 31 January 2023 0 5,828 5,828

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Debtors


2024
£
13 months to
31 Jan 2023
£
Trade debtors 3,516,790 591,762
Total 3,516,790 591,762

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due within one year note


2024
£
13 months to
31 Jan 2023
£
Trade creditors 61,933 36,652
Taxation and social security 16,197 547
Accruals and deferred income 90,604 4,635
Total 168,734 41,834

LIBERAY LEGAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

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


2024
£
13 months to
31 Jan 2023
£
Other creditors 6,052,943 2,186,016
Total 6,052,943 2,186,016