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Company Registration No. 07527765 (England and Wales)
Defence Law Limited Unaudited accounts for the year ended 29 February 2024
Defence Law Limited Unaudited accounts Contents
Page
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Defence Law Limited Company Information for the year ended 29 February 2024
Director
Hinesh Bhayani
Company Number
07527765 (England and Wales)
Registered Office
Rutland House 23-25 Friar Lane Leicester LE1 5QQ United Kingdom
Accountants
RPS Accountants Ltd 50 Brabazon Road Oadby Leicester LE2 5HD
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Defence Law Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,476 
3,636 
Current assets
Debtors
31,693 
70,950 
Cash at bank and in hand
465,614 
217,783 
497,307 
288,733 
Creditors: amounts falling due within one year
(128,958)
(149,466)
Net current assets
368,349 
139,267 
Total assets less current liabilities
371,825 
142,903 
Provisions for liabilities
Deferred tax
(660)
(691)
Net assets
371,165 
142,212 
Capital and reserves
Called up share capital
1 
1 
Capital redemption reserve
(100,000)
(100,000)
Profit and loss account
471,164 
242,211 
Shareholders' funds
371,165 
142,212 
For the year ending 29 February 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 20 November 2024 and were signed on its behalf by
Hinesh Bhayani Director Company Registration No. 07527765
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Defence Law Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Defence Law Limited is a private company, limited by shares, registered in England and Wales, registration number 07527765. The registered office is Rutland House, 23-25 Friar Lane, Leicester, LE1 5QQ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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:
Fixtures & fittings
20%
Financial instruments
Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Deferred taxation
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Pension costs
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.
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Defence Law Limited Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 March 2023
17,198 
Additions
709 
At 29 February 2024
17,907 
Depreciation
At 1 March 2023
13,562 
Charge for the year
869 
At 29 February 2024
14,431 
Net book value
At 29 February 2024
3,476 
At 28 February 2023
3,636 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Hinesh Bhayani
(9,230)
2,235 
- 
(6,995)
(9,230)
2,235 
- 
(6,995)
7
Average number of employees
During the year the average number of employees was 3 (2023: 7).
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