Registered Number:06572143 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
Sussex Law Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
3,993
4,602
2
3,993
4,602
40,000
40,000
3
Trade and other receivables |
337,184
552,887
4
10,043
Cash and cash equivalents |
192,489
785,376
387,227
Trade and other payables: amounts falling due within one |
year |
(143,518)
(366,352)
5
243,709
419,024
Net current assets
Total assets less current liabilities |
423,017
248,311
Trade and other payables: amounts falling due after more |
than one year |
(21,739)
(11,766)
6
411,251
Net assets
226,572
2
2
411,249
226,570
411,251
226,572
Shareholders' funds
For the year ended 30 April 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 financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 29 January 2025 and were signed by: |
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For the year ended 30 April 2024
Sussex Law Limited
Statement of Financial Position Continued
The notes form part of these financial statements |
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For the year ended 30 April 2024
Sussex Law Limited
Notes to the Financial Statements
Statutory Information
Sussex Law Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 06572143. |
Principal place of business: |
45 Ladies Mile Road
Brighton
BN1 8TA
45 Ladies Mile Road
Brighton
BN1 8TA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 30 April 2024
Sussex Law Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
42,109
6,296
35,813
835
-
835
36,648
6,296
42,944
Provision for depreciation and impairment |
37,507
5,072
32,435
Charge for year
1,444
503
941
38,951
5,575
33,376
3,272
721
3,993
3,378
1,224
4,602
2023
2024
40,000
40,000
4. Trade and other receivables |
2023
2024
139,662
105,560
413,225
231,624
337,184
552,887
The debtors above include the following amounts falling due after more than one year: |
398,017
217,017
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For the year ended 30 April 2024
Sussex Law Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year |
2023
2024
9,761
9,761
Taxation and social security |
242,543
122,300
114,048
11,457
366,352
143,518
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
11,766
21,739
7. Related party transactions |
The company is controlled by the directors who own 100% of the called up share capital.
8. Average number of persons employed |
During the year the average number of employees was 13 (2023 : 19)
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