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REGISTERED NUMBER: SC453145 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

J LAW LIMITED

J LAW LIMITED (REGISTERED NUMBER: SC453145)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J LAW LIMITED

Company Information
for the Year Ended 30 September 2024







DIRECTORS: John Allan Law
Gillian Margaret Law
John Michael Law
Christopher Law





REGISTERED OFFICE: 66 Sinclair Road
Torry
Aberdeen
AB11 9PP





REGISTERED NUMBER: SC453145 (Scotland)






J LAW LIMITED (REGISTERED NUMBER: SC453145)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 95,327 120,521
Investments 5 157,550 159,000
252,877 279,521

CURRENT ASSETS
Debtors 6 307,237 409,035
Cash at bank 89,777 219,042
397,014 628,077
CREDITORS
Amounts falling due within one year 7 502,498 485,765
NET CURRENT (LIABILITIES)/ASSETS (105,484 ) 142,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,393

421,833

PROVISIONS FOR LIABILITIES 23,154 29,344
NET ASSETS 124,239 392,489

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 124,139 392,389
124,239 392,489

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

J LAW LIMITED (REGISTERED NUMBER: SC453145)

Balance Sheet - continued
30 September 2024


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 13 January 2025 and were signed on its behalf by:





John Allan Law - Director


J LAW LIMITED (REGISTERED NUMBER: SC453145)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

J Law Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company 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 each asset over its estimated useful life.
Improvements to property - 10% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 33% on cost and 20% on reducing balance
Motor vehicles - 25% on cost

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.

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 46 (2023 - 41 ) .

J LAW LIMITED (REGISTERED NUMBER: SC453145)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 2,995 199,859 2,347 46,741 251,942
Additions - 3,000 - - 3,000
At 30 September 2024 2,995 202,859 2,347 46,741 254,942
DEPRECIATION
At 1 October 2023 600 122,406 1,599 6,816 131,421
Charge for year 300 15,691 518 11,685 28,194
At 30 September 2024 900 138,097 2,117 18,501 159,615
NET BOOK VALUE
At 30 September 2024 2,095 64,762 230 28,240 95,327
At 30 September 2023 2,395 77,453 748 39,925 120,521

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023 159,000
Additions 218,925
Disposals (213,625 )
At 30 September 2024 164,300
PROVISIONS

Impairments 6,750
At 30 September 2024 6,750
NET BOOK VALUE
At 30 September 2024 157,550
At 30 September 2023 159,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 269,117 348,740
Other debtors 38,120 60,295
307,237 409,035

J LAW LIMITED (REGISTERED NUMBER: SC453145)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 128,716 137,987
Taxation and social security 126,641 125,998
Other creditors 247,141 221,780
502,498 485,765

8. ULTIMATE CONTROLLING PARTY

The controlling party is the directors..