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Company Registration No. 13256275 (England and Wales)
POLARIS LAW LONDON LIMITED Unaudited accounts for the year ended 31 March 2024
POLARIS LAW LONDON LIMITED Unaudited accounts Contents
Page
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POLARIS LAW LONDON LIMITED Company Information for the year ended 31 March 2024
Director
Mr JUNHWAN KIM
Company Number
13256275 (England and Wales)
Registered Office
158 High Street New Malden KT3 4ES United Kingdom
Accountants
FURUICHOI & CO Chartered Accountants 69 Station Road Hampton Greater London TW12 2BT
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POLARIS LAW LONDON LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,956 
3,478 
Current assets
Debtors
43,174 
10,060 
Cash at bank and in hand
9,901 
1,125 
53,075 
11,185 
Creditors: amounts falling due within one year
(10,242)
- 
Net current assets
42,833 
11,185 
Total assets less current liabilities
45,789 
14,663 
Creditors: amounts falling due after more than one year
(103,829)
(69,470)
Net liabilities
(58,040)
(54,807)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(58,041)
(54,808)
Shareholders' funds
(58,040)
(54,807)
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 January 2025 and were signed on its behalf by
Mr JUNHWAN KIM Director Company Registration No. 13256275
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POLARIS LAW LONDON LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
POLARIS LAW LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13256275. The registered office is 158 High Street, New Malden, KT3 4ES, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
15% reducing balance
Foreign exchange
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
4,814 
At 31 March 2024
4,814 
Depreciation
At 1 April 2023
1,336 
Charge for the year
522 
At 31 March 2024
1,858 
Net book value
At 31 March 2024
2,956 
At 31 March 2023
3,478 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
43,174 
10,060 
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POLARIS LAW LONDON LIMITED Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
10,242 
- 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
103,829 
69,470 
The parent entity in South Korea has funded GBP 103,829 for the period ended 30 November 2023.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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