IRIS Accounts Production v24.3.0.553 SC419946 Board of Directors Board of Directors 31.8.24 1.9.23 31.8.24 31.8.24 acting as a parent company for A & J Law (Mobility Matters) Ltd and J & A Law (The Waterpoint) Ltd, both companies are registered in scotland. true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4199462023-08-31SC4199462024-08-31SC4199462023-09-012024-08-31SC4199462022-08-31SC4199462022-09-012023-08-31SC4199462023-08-31SC419946ns15:Scotland2023-09-012024-08-31SC419946ns14:PoundSterling2023-09-012024-08-31SC419946ns10:Director12023-09-012024-08-31SC419946ns10:Director22023-09-012024-08-31SC419946ns10:Consolidated2024-08-31SC419946ns10:ConsolidatedGroupCompanyAccounts2023-09-012024-08-31SC419946ns10:PrivateLimitedCompanyLtd2023-09-012024-08-31SC419946ns10:Consolidatedns10:SmallEntities2023-09-012024-08-31SC419946ns10:Consolidatedns10:AuditExemptWithAccountantsReport2023-09-012024-08-31SC419946ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-31SC419946ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-31SC419946ns10:Consolidatedns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-31SC419946ns10:SmallCompaniesRegimeForAccountsns10:Consolidated2023-09-012024-08-31SC419946ns10:FullAccounts2023-09-012024-08-31SC419946ns10:Consolidated2023-09-012024-08-31SC419946ns10:RegisteredOffice2023-09-012024-08-31SC419946ns10:Consolidated2022-09-012023-08-31SC419946ns5:CurrentFinancialInstruments2024-08-31SC419946ns5:CurrentFinancialInstruments2023-08-31SC419946ns5:ShareCapital2024-08-31SC419946ns5:ShareCapital2023-08-31SC419946ns5:RetainedEarningsAccumulatedLosses2024-08-31SC419946ns5:RetainedEarningsAccumulatedLosses2023-08-31SC419946ns5:CostValuation2023-08-31SC419946ns5:DisposalsRepaymentsInvestments2024-08-31SC419946ns5:CostValuation2024-08-31SC419946ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-08-31SC419946ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-31
REGISTERED NUMBER: SC419946 (Scotland)















Report of the Directors and

Unaudited Consolidated Financial Statements for the Year Ended 31 August 2024

for

A & J Law Group Ltd

A & J Law Group Ltd (Registered number: SC419946)






Contents of the Consolidated Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Report of the Directors 2

Consolidated Income Statement 3

Consolidated Balance Sheet 4

Company Balance Sheet 6

Notes to the Consolidated Financial Statements 8


A & J Law Group Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr A J Law
Mr J J Law





REGISTERED OFFICE: 2 Argyle Street
Stonehouse
Lanarkshire
ML9 3LL





REGISTERED NUMBER: SC419946 (Scotland)





ACCOUNTANTS: ICW Accountancy Ltd
15 St Leonard Street
Lanark
Lanarkshire
ML11 7AB

A & J Law Group Ltd (Registered number: SC419946)

Report of the Directors
for the Year Ended 31 August 2024

The directors present their report with the financial statements of the company and the group for the year ended 31 August 2024.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 September 2023 to the date of this report.

Mr A J Law
Mr J J Law

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A J Law - Director


26 November 2024

A & J Law Group Ltd (Registered number: SC419946)

Consolidated Income Statement
for the Year Ended 31 August 2024

31.8.24 31.8.23
Notes £    £   

TURNOVER 348,865 479,187

Cost of sales 150,334 277,092
GROSS PROFIT 198,531 202,095

Administrative expenses 222,144 243,588
(23,613 ) (41,493 )

Other operating income 531 115,420
OPERATING (LOSS)/PROFIT 4 (23,082 ) 73,927

Interest receivable and similar income 5,508 2,297
(LOSS)/PROFIT BEFORE TAXATION (17,574 ) 76,224

Tax on (loss)/profit (10,013 ) 22,760
(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(7,561

)

53,464

(Loss)/profit attributable to:
Owners of the parent (7,561 ) 53,464

A & J Law Group Ltd (Registered number: SC419946)

Consolidated Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 57,000 71,502
Investments 7 - -
57,000 71,502

CURRENT ASSETS
Stocks 50,392 30,747
Debtors 8 54,286 71,964
Cash at bank and in hand 241,940 364,316
346,618 467,027
CREDITORS
Amounts falling due within one year 9 14,996 37,178
NET CURRENT ASSETS 331,622 429,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

388,622

501,351

PROVISIONS FOR LIABILITIES 2,907 13,075
NET ASSETS 385,715 488,276

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 385,613 488,174
SHAREHOLDERS' FUNDS 385,715 488,276

The company and the group are entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company and the group to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the group 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 and the group as at the end of each financial year and of the group's 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 and the group.

A & J Law Group Ltd (Registered number: SC419946)

Consolidated Balance Sheet - continued
31 August 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 26 November 2024 and were signed on its behalf by:




Mr A J Law - Director



Mr J J Law - Director


A & J Law Group Ltd (Registered number: SC419946)

Company Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 - -
Investments 7 100 200
100 200

CURRENT ASSETS
Debtors 8 16,198 (24,627 )
Cash at bank 5,477 5,004
21,675 (19,623 )
CREDITORS
Amounts falling due within one year 9 3,174 (19,587 )
NET CURRENT ASSETS/(LIABILITIES) 18,501 (36 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,601

164

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 18,499 62
SHAREHOLDERS' FUNDS 18,601 164

Company's profit for the financial year 113,437 60,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

A & J Law Group Ltd (Registered number: SC419946)

Company Balance Sheet - continued
31 August 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:




Mr A J Law - Director



Mr J J Law - Director


A & J Law Group Ltd (Registered number: SC419946)

Notes to the Consolidated Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

A & J Law Group Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the General Information page.

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.

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

Plant & machinery - 20% Reducing Balance
Fixtures & Fittings - 25% Straight Line
Computing Equipment - 33.3% Straight Line

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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.

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.

A & J Law Group Ltd (Registered number: SC419946)

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

2. ACCOUNTING POLICIES - continued

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 group operates a defined contribution pension scheme. Contributions payable to the group'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 6 (2023 - 6 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

31.8.24 31.8.23
£    £   
Depreciation - owned assets 14,502 14,818

5. INDIVIDUAL INCOME STATEMENT

As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.


6. TANGIBLE FIXED ASSETS

Group
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 123,599
DEPRECIATION
At 1 September 2023 52,097
Charge for year 14,502
At 31 August 2024 66,599
NET BOOK VALUE
At 31 August 2024 57,000
At 31 August 2023 71,502

A & J Law Group Ltd (Registered number: SC419946)

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

7. FIXED ASSET INVESTMENTS

Group
Shares in
group
undertakings
£   
COST
At 1 September 2023 100
Disposals (100 )
At 31 August 2024 -
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 100
Company
Shares in
group
undertakings
£   
COST
At 1 September 2023 200
Disposals (100 )
At 31 August 2024 100
NET BOOK VALUE
At 31 August 2024 100
At 31 August 2023 200


8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
31.8.24 31.8.23 31.8.24 31.8.23
£    £    £    £   
Trade debtors 16,858 30,461 - -
Other debtors 37,428 41,503 16,198 (24,627 )
54,286 71,964 16,198 (24,627 )

A & J Law Group Ltd (Registered number: SC419946)

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

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Company
31.8.24 31.8.23 31.8.24 31.8.23
£    £    £    £   
Trade creditors 6,913 16,672 1 -
Taxation and social security 2,956 12,377 2,737 774
Other creditors 5,127 8,129 436 (20,361 )
14,996 37,178 3,174 (19,587 )

10. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr J Law throughout the current period. Mr J Law holds 50% of the company's issued share capital.