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REGISTERED NUMBER: 02689833 (England and Wales)















COMPANY LAW SOLUTIONS LIMITED

Unaudited Financial Statements For The Year Ended 30 June 2024






COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)






Contents of the Financial Statements
For The Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

COMPANY LAW SOLUTIONS LIMITED

Company Information
For The Year Ended 30 June 2024







DIRECTORS: R H Morrison
M I Price





SECRETARY:





REGISTERED OFFICE: Spaceworks
Benton Park Road
Newcastle upon Tyne
Tyne and Wear
NE7 7LX





REGISTERED NUMBER: 02689833 (England and Wales)





ACCOUNTANTS: Sadler Joyce Ltd
Chartered Certified Accountant
18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD

COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 13,090 15,324
Tangible assets 5 698 1,035
Investments 6 1 1
13,789 16,360

CURRENT ASSETS
Debtors 7 10,496 11,284
Cash at bank 22,505 21,756
33,001 33,040
CREDITORS
Amounts falling due within one year 8 31,683 30,056
NET CURRENT ASSETS 1,318 2,984
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,107

19,344

CREDITORS
Amounts falling due after more than one
year

9

(14,000

)

(18,000

)

PROVISIONS FOR LIABILITIES 10 (970 ) (1,244 )
NET ASSETS 137 100

CAPITAL AND RESERVES
Called up share capital 75 75
Capital redemption reserve 25 25
Retained earnings 37 -
SHAREHOLDERS' FUNDS 137 100

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

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

COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)

Balance Sheet - continued
30 June 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 14 February 2025 and were signed on its behalf by:





M I Price - Director


COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)

Notes to the Financial Statements
For The Year Ended 30 June 2024

1. STATUTORY INFORMATION

Company Law Solutions 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.

Significant judgements
There were no judgements made that were significant enough to warrant disclosure.

Turnover
Turnover is derived from the specialist sale of company secretarial services and legal matters related to UK corporate law, it is measured at the fair value received or receivable excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.
Computer software is being amortised evenly over its estimated useful life of five years.

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 - 20% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 25% on reducing balance and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

The subsidiary company is dormant.

Financial instruments
Debtors are shown at their impaired value (i.e. less doubtful debts) and trade creditors are at their carrying value.
Loans made to the company are valued at the carrying amount which is determined deducting capital repayments and by adding interest calculated using the effective interest method on an actuarial basis.

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.


COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

Significant estimates
There were no estimates made that were significant enough to warrant disclosure.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 July 2023 46,228
Additions 1,495
At 30 June 2024 47,723
AMORTISATION
At 1 July 2023 30,904
Amortisation for year 3,729
At 30 June 2024 34,633
NET BOOK VALUE
At 30 June 2024 13,090
At 30 June 2023 15,324

COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 1,055 812 16,677 18,544
DEPRECIATION
At 1 July 2023 676 738 16,095 17,509
Charge for year 169 22 146 337
At 30 June 2024 845 760 16,241 17,846
NET BOOK VALUE
At 30 June 2024 210 52 436 698
At 30 June 2023 379 74 582 1,035

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 30 June 2023 1

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,099 7,852
Directors' loan accounts 2,339 887
Prepayments 3,058 2,545
10,496 11,284

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 4,103 3,018
Tax 11,679 10,330
Social security and other taxes - 148
Other creditors 4,869 4,757
Customs & Excise 4,573 4,973
Accrued expenses 2,459 2,830
31,683 30,056

COMPANY LAW SOLUTIONS LIMITED (REGISTERED NUMBER: 02689833)

Notes to the Financial Statements - continued
For The Year Ended 30 June 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 4,000 4,000
Bank loans - 2-5 years - 4,000
Preference shares 10,000 10,000
14,000 18,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Preference shares 10,000 10,000

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 970 1,244

Deferred
tax
£   
Balance at 1 July 2023 1,244
Provided during year (274 )
Balance at 30 June 2024 970

11. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken that required disclosure under FRS 102 section 1A small entities.

COMPANY LAW SOLUTIONS LIMITED

Report of the Accountants to the Directors of
Company Law Solutions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2024 set out on pages three to twelve and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Sadler Joyce Ltd
Chartered Certified Accountant
18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD


17 February 2025