THE OUTER TEMPLE CHAMBERS LIMITED

Company Registration Number:
04725709 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

THE OUTER TEMPLE CHAMBERS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

THE OUTER TEMPLE CHAMBERS LIMITED

Company Information

for the Period Ended 30 September 2024




Registered office: The Outer Temple
First Floor
222 Strand
London
WC2R 1BA
Company Registration Number: 04725709 (England and Wales)

THE OUTER TEMPLE CHAMBERS LIMITED

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 49,985 4,050
Total fixed assets: 49,985 4,050
Current assets
Stocks: 0 0
Debtors: 966,198 976,907
Cash at bank and in hand: 0 33,403
Total current assets: 966,198 1,010,310
Prepayments and accrued income: 66,744 116,058
Creditors: amounts falling due within one year: ( 169,267 ) ( 85,101 )
Net current assets (liabilities): 863,675 1,041,267
Total assets less current liabilities: 913,660 1,045,317
Accruals and deferred income: ( 274,585 ) ( 119,579 )
Total net assets (liabilities): 639,075 925,738

The notes form part of these financial statements

THE OUTER TEMPLE CHAMBERS LIMITED

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 4 4
Revaluation reserve: 5 705,857 766,022
Profit and loss account: ( 66,786 ) 159,712
Shareholders funds: 639,075 925,738

For the year ending 30 September 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 January 2025
And Signed On Behalf Of The Board By:

Name: James Counsell KC
Status: Director

The notes form part of these financial statements

THE OUTER TEMPLE CHAMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    For the year ending 30/09/2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

    The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

    The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

    These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

THE OUTER TEMPLE CHAMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 31 31

THE OUTER TEMPLE CHAMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

THE OUTER TEMPLE CHAMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible Assets

Total
Cost £
At 01 October 2023 1,414,564
Additions 45,935
Disposals -
Revaluations -
Transfers -
At 30 September 2024 1,460,499
Depreciation
At 01 October 2023 1,410,514
Charge for year -
On disposals -
Other adjustments -
At 30 September 2024 1,410,514
Net book value
At 30 September 2024 49,985
At 30 September 2023 4,050

THE OUTER TEMPLE CHAMBERS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Revaluation reserve


2024
£
Balance at 01 October 2023 766,022
Surplus or deficit after revaluation ( 60,165 )
Balance at 30 September 2024 705,857