Company Registration No. 13210546 (England and Wales)
Cornerstone Lawyers Limited
Unaudited accounts
for the year ended 29 February 2024
Cornerstone Lawyers Limited
Unaudited accounts
Contents
Cornerstone Lawyers Limited
Company Information
for the year ended 29 February 2024
Director
Agnes Andrew FRANK
Company Number
13210546 (England and Wales)
Registered Office
15 DORA WAY
LONDON
SW9 7EN
ENGLAND
Accountants
Fanla & Co
Unit 10 Warwick House
Overton Road
London
SW9 7JP
Cornerstone Lawyers Limited
Statement of financial position
as at 29 February 2024
Tangible assets
1,233
1,849
Cash at bank and in hand
200
220
Creditors: amounts falling due within one year
(4,189)
(3,782)
Net current assets
7,746
14,827
Called up share capital
1
1
Profit and loss account
8,978
16,675
Shareholders' funds
8,979
16,676
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 her 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 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 29 November 2024 and were signed on its behalf by
Agnes Andrew FRANK
Director
Company Registration No. 13210546
Cornerstone Lawyers Limited
Notes to the Accounts
for the year ended 29 February 2024
Cornerstone Lawyers Limited is a private company, limited by shares, registered in England and Wales, registration number 13210546. The registered office is 15 DORA WAY, LONDON, SW9 7EN, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% pa
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
625
1,840
2,465
At 29 February 2024
625
1,840
2,465
At 1 March 2023
156
460
616
Charge for the year
156
460
616
At 29 February 2024
312
920
1,232
At 29 February 2024
313
920
1,233
At 28 February 2023
469
1,380
1,849
Amounts falling due within one year
Other debtors
11,735
18,389
Cornerstone Lawyers Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,339
3,232
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).