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REGISTERED NUMBER: 14900016 (England and Wales)






























FINANCIAL STATEMENTS

FOR THE PERIOD

29 MAY 2023 TO 31 MARCH 2024

FOR

WBR LAW LIMITED

WBR LAW LIMITED (REGISTERED NUMBER: 14900016)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 MAY 2023 TO 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WBR LAW LIMITED

COMPANY INFORMATION
FOR THE PERIOD 29 MAY 2023 TO 31 MARCH 2024







DIRECTORS: Mr L Harding-Cox
Mr RN Leanders
Mr TP Moore
Mr M Conlon
Ms A F Fendt
Mr A M Simpson



REGISTERED OFFICE: 5a Dominus Way
Meridian Business Park
Leicester
LE19 1RP



REGISTERED NUMBER: 14900016 (England and Wales)



SENIOR STATUTORY AUDITOR: Mr Andrew Turner FCA FMAAT



AUDITORS: Mark J Rees LLP, Statutory Auditor
Chartered Accountants
Granville Hall
Granville Road
Leicester
LE1 7RU

WBR LAW LIMITED (REGISTERED NUMBER: 14900016)

BALANCE SHEET
31 MARCH 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,306

CURRENT ASSETS
Debtors 5 268,623
Cash at bank and in hand 237,062
505,685
CREDITORS
Amounts falling due within one year 6 693,403
NET CURRENT LIABILITIES (187,718 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(183,412

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (183,512 )
SHAREHOLDERS' FUNDS (183,412 )

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 Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by:





Mr RN Leanders - Director


WBR LAW LIMITED (REGISTERED NUMBER: 14900016)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 29 MAY 2023 TO 31 MARCH 2024


1. STATUTORY INFORMATION

WBR Law 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income in relation to legal services is recognised as the work is undertaken. Relevant chargeable time is recorded as work in progress and the associated income recognised. Invoices are raised at the completion of the work, or at relevant stages during the work. Work in progress is released to the profit and loss account as it is matched against the invoices.

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

Fixed assets are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable or as otherwise required by relevant accounting standard.

Shortfalls between the carrying value of fixed assets and their recoverable amounts, being the higher of fair value less costs to sell and value in use, are recognised as impairment losses. Impairments of revalued assets are treated as a revaluation decrease. All other impairment losses are recognised in profit or loss.

Taxation
Taxation for the period 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.


WBR LAW LIMITED (REGISTERED NUMBER: 14900016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 MAY 2023 TO 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently, where material, at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are measured subsequently, where material, at amortised cost using the effective interest method, less any impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 5,000
At 31 March 2024 5,000
DEPRECIATION
Charge for period 694
At 31 March 2024 694
NET BOOK VALUE
At 31 March 2024 4,306

WBR LAW LIMITED (REGISTERED NUMBER: 14900016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 29 MAY 2023 TO 31 MARCH 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 165,905
Amounts owed by group undertakings 100
Amounts recoverable on contract 27,550
Other debtors 75,068
268,623

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 14,484
Amounts owed to group undertakings 306,403
Taxation and social security 41,080
Other creditors 331,436
693,403

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Andrew Turner FCA FMAAT (Senior Statutory Auditor)
for and on behalf of Mark J Rees LLP, Statutory Auditor

8. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end the company owed £331,436 to ISC Lawyers LLP. Mr M Conlon is a member of the LLP and a director of WBR Law Limited.

9. ULTIMATE CONTROLLING PARTY

The company regards WBR Group Holdings Limited, incorporated in England, as its ultimate parent company and controlling party.

The group accounts can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.