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REGISTERED NUMBER: 07830331 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Blanchards Law Ltd

Blanchards Law Ltd (Registered number: 07830331)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Blanchards Law Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs P Goodliffe
Mr R B Goodliffe





REGISTERED OFFICE: 19 Market Place
Henley-On-Thames
Oxfordshire
RG9 2AA





REGISTERED NUMBER: 07830331 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Blanchards Law Ltd (Registered number: 07830331)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 46,938 16,170

CURRENT ASSETS
Debtors 5 657,372 404,854
Cash at bank and in hand 14,613 15,328
671,985 420,182
CREDITORS
Amounts falling due within one year 6 (465,515 ) (298,833 )
NET CURRENT ASSETS 206,470 121,349
TOTAL ASSETS LESS CURRENT LIABILITIES 253,408 137,519

CREDITORS
Amounts falling due after more than one year 7 (21,000 ) (39,000 )

PROVISIONS FOR LIABILITIES (11,318 ) (2,025 )
NET ASSETS 221,090 96,494

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 220,990 96,394
221,090 96,494

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 directors acknowledge their 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.

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 20 November 2024 and were signed on its behalf by:





Mrs P Goodliffe - Director


Blanchards Law Ltd (Registered number: 07830331)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Blanchards Law Ltd 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.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebate, value added tax and other sales taxes. Revenue is recognised when legal services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery15% & 33.33% Reducing balance
Fixtures & fittings15% Reducing balance

Tangible fixed assets are included at cost less depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

Taxation
Taxation for the year 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.


Blanchards Law Ltd (Registered number: 07830331)

Notes to the Financial Statements - continued
for the Year Ended 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 36,769
Additions 37,119
At 31 March 2024 73,888
DEPRECIATION
At 1 April 2023 20,599
Charge for year 6,351
At 31 March 2024 26,950
NET BOOK VALUE
At 31 March 2024 46,938
At 31 March 2023 16,170

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 200,114 120,775
Other debtors 457,258 284,079
657,372 404,854

Blanchards Law Ltd (Registered number: 07830331)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 32,435 18,000
Trade creditors 34,322 24,217
Taxation and social security 233,186 175,351
Other creditors 165,572 81,265
465,515 298,833

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 21,000 39,000

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 69,000 34,000
Between one and five years 289,583 170,000
In more than five years 25,500 59,500
384,083 263,500

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mrs P Goodliffe
Balance outstanding at start of year 165,567 100,798
Amounts advanced 59,901 64,769
Amounts repaid (2,404 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 223,064 165,567

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs P Goodliffe.