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REGISTERED NUMBER: 09537216 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

TLSK Solicitors Limited

TLSK Solicitors Limited (Registered number: 09537216)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TLSK Solicitors Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs S L Key-Smith





REGISTERED OFFICE: 3 Stanhope Gate
Yorktown Business Park
Camberley
Surrey
GU15 3DW





REGISTERED NUMBER: 09537216 (England and Wales)





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

TLSK Solicitors Limited (Registered number: 09537216)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 176,775 194,408

CURRENT ASSETS
Debtors 5 72,817 126,139
Cash at bank and in hand 1,789,433 1,964,967
1,862,250 2,091,106
CREDITORS
Amounts falling due within one year 6 1,665,103 1,928,724
NET CURRENT ASSETS 197,147 162,382
TOTAL ASSETS LESS CURRENT
LIABILITIES

373,922

356,790

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 373,920 356,788
373,922 356,790

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 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 29 October 2024 and were signed by:





Mrs S L Key-Smith - Director


TLSK Solicitors Limited (Registered number: 09537216)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

TLSK Solicitors Limited 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.

Turnover
Turnover consists of income derived from the normal activities of the company during the year, net of discounts and VAT.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

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.

Material events effecting trading during and after reporting date
The COVID-19 pandemic is a non-adjusting event as at the period end date, for the purposes of these financial statements - The company has assessed the impact of COVID-19 on its ability to continue as a going concern. The COVID-19 outbreak developed rapidly in 2020 and has caused disruption to business, economic activities and impacted global markets.

Management continues to consider the potential implications of the COVID-19 pandemic, however at this stage it has not had a material impact on any of the balances in the company's financial statements, or the company's ability to trade into the future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

TLSK Solicitors Limited (Registered number: 09537216)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 264,500
AMORTISATION
At 1 February 2023 70,092
Charge for year 17,633
At 31 January 2024 87,725
NET BOOK VALUE
At 31 January 2024 176,775
At 31 January 2023 194,408

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 49,808 17,768
Other debtors 23,009 108,371
72,817 126,139

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 1,599,954 1,737,128
Taxation and social security 18,263 57,289
Other creditors 46,886 134,307
1,665,103 1,928,724