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REGISTERED NUMBER: 08973000 (England and Wales)

















ATD LEGAL & COMPLIANCE SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 983 1,735

CURRENT ASSETS
Cash at bank 14,929 11,577

CREDITORS
Amounts falling due within one year 5 23,049 15,579
NET CURRENT LIABILITIES (8,120 ) (4,002 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,137

)

(2,267

)

CREDITORS
Amounts falling due after more than one
year

6

(19,011

)

(22,095

)

PROVISIONS FOR LIABILITIES (187 ) (330 )
NET LIABILITIES (26,335 ) (24,692 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (26,435 ) (24,792 )
SHAREHOLDERS' FUNDS (26,335 ) (24,692 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2024 and were signed by:





A Devereux - Director


ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)

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

1. STATUTORY INFORMATION

ATD Legal & Compliance Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08973000

Registered office: 71 Knowl Piece
Wilbury Way
Hitchin
Herts
SG4 0TY

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going Concern
The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover
Turnover is derived from the provision of legal and compliancy services and is recognised upon delivery to the customer. Turnover is recorded at the fair value of the consideration received or receivable, and excludes value added tax and rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,075 3,379 4,454
DEPRECIATION
At 1 April 2023 426 2,293 2,719
Charge for year 269 483 752
At 31 March 2024 695 2,776 3,471
NET BOOK VALUE
At 31 March 2024 380 603 983
At 31 March 2023 649 1,086 1,735

ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 7) 3,084 3,008
Tax 14,630 7,655
VAT 4,391 3,915
Directors' loan accounts 538 595
Accrued expenses 406 406
23,049 15,579

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 7) 19,011 22,095

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,873 12,606

7. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 3,084 3,008

Amounts falling due between two and five years:
Bank loans - 1-5 years 13,138 9,489

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,873 12,606

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

ATD LEGAL & COMPLIANCE SERVICES LIMITED (REGISTERED NUMBER: 08973000)

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

9. RESERVES
Retained
earnings
£   

At 1 April 2023 (24,792 )
Profit for the year 52,357
Dividends (54,000 )
At 31 March 2024 (26,435 )

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £32,400 (2023 - £29,400) were paid to the director .

Dividends amounting to £21,600 (2023 - £19,600) were paid to a close family member.