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REGISTERED NUMBER: 10925342 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Oldham Legal Limited

Oldham Legal Limited (Registered number: 10925342)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oldham Legal Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: Ms J O'Reilly





REGISTERED OFFICE: Enterprise House
656 Chester Road
Birmingham
B23 5TE





REGISTERED NUMBER: 10925342 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

Oldham Legal Limited (Registered number: 10925342)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 184 385

CURRENT ASSETS
Debtors 5 145,213 150,764
Cash at bank 9,907 14,215
155,120 164,979
CREDITORS
Amounts falling due within one year 6 30,520 28,417
NET CURRENT ASSETS 124,600 136,562
TOTAL ASSETS LESS CURRENT
LIABILITIES

124,784

136,947

PROVISIONS FOR LIABILITIES 46 96
NET ASSETS 124,738 136,851

CAPITAL AND RESERVES
Called up share capital 7 100 1
Retained earnings 124,638 136,850
SHAREHOLDERS' FUNDS 124,738 136,851

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

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

The director acknowledges her 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.

Oldham Legal Limited (Registered number: 10925342)

Balance Sheet - continued
31 May 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 February 2025 and were signed by:





Ms J O'Reilly - Director


Oldham Legal Limited (Registered number: 10925342)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Oldham Legal Limited is a private company, limited by shares , registered in England and Wales. 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 represents the company's share of the profits of the partnership.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023 1,155
Additions 276
At 31 May 2024 1,431
DEPRECIATION
At 1 June 2023 770
Charge for year 477
At 31 May 2024 1,247
NET BOOK VALUE
At 31 May 2024 184
At 31 May 2023 385

Oldham Legal Limited (Registered number: 10925342)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Due from partnership 87,365 93,014
Directors' current accounts 57,738 57,640
Prepayments and accrued income 110 110
145,213 150,764

Other than as stated under directors loan account above, none of the above amounts related to amounts due from the director or shareholder of the company either directly or indirectly.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 29,540 27,503
Social security and other taxes 80 80
Accruals and deferred income 900 834
30,520 28,417

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary Shares £1 - 1
80 Ordinary A Shares £1 80 -
20 Ordinary B Shares £1 20 -
100 1

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Ms J O'Reilly
Balance outstanding at start of year 57,640 (945 )
Amounts advanced 109,410 111,897
Amounts repaid (109,312 ) (53,312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 57,738 57,640

The directors loan account was cleared within nine month of the year end. Interest has been charged on any overdrawn directors loan account at the HM Revenue & Customs official rate of interest applicable during the year of 2.25%.