NOLANS LAW LTD

Company Registration Number:
SC497706 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

NOLANS LAW LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

NOLANS LAW LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 69,500 139,000
Tangible assets: 4 29,650 23,731
Total fixed assets: 99,150 162,731
Current assets
Stocks: 172,622 149,386
Debtors:   318,932 286,428
Cash at bank and in hand: 516,246 339,622
Total current assets: 1,007,800 775,436
Creditors: amounts falling due within one year:   (486,047) (310,904)
Net current assets (liabilities): 521,753 464,532
Total assets less current liabilities: 620,903 627,263
Creditors: amounts falling due after more than one year:   (8,772) (4,510)
Total net assets (liabilities): 612,131 622,753
Capital and reserves
Called up share capital: 1,500 1,500
Profit and loss account: 610,631 621,253
Shareholders funds: 612,131 622,753

The notes form part of these financial statements

NOLANS LAW LTD

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 November 2024
and signed on behalf of the board by:

Name: S Nolan
Status: Director

The notes form part of these financial statements

NOLANS LAW LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NOLANS LAW LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 20 20

NOLANS LAW LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible Assets

Total
Cost £
At 01 April 2023 695,000
At 31 March 2024 695,000
Amortisation
At 01 April 2023 556,000
Charge for year 69,500
At 31 March 2024 625,500
Net book value
At 31 March 2024 69,500
At 31 March 2023 139,000

NOLANS LAW LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 88,839
Additions 11,357
At 31 March 2024 100,196
Depreciation
At 01 April 2023 65,108
Charge for year 5,438
At 31 March 2024 70,546
Net book value
At 31 March 2024 29,650
At 31 March 2023 23,731