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Logo On Report
Registered Number: 10226521
England and Wales

 

 

 

BIRMINGHAM SOLICITORS LIMITED


Unaudited Financial Statements
 


Period of accounts

Start date: 01 July 2023

End date: 30 June 2024
Director Mumtaz Mirza
Registered Number 10226521
Registered Office 638 Coventry Road
Birmingham
B10 0UT
1
  2024   2023
    £ £   £ £
Fixed assets       1,217 
Current assets 68,162      69,805   
Creditors: amount falling due within one year (31,757)     (13,983)  
Net current assets   36,405      55,822 
Total assets less current liabilities   36,405      57,039 
Creditors: amount falling due after more than one year   (8,722)     (19,379)
Net assets   27,683      37,660 
 

         
Capital and reserves   27,683      37,660 
 
NOTES TO THE ACCOUNTS

General Information
Birmingham Solicitors Limited is a private company, limited by shares, registered in England and Wales, registration number 10226521, registration address 638 Coventry Road, Birmingham, B10 0UT.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
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:
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 July 2023 1,400    2,015    3,415 
Additions    
Disposals    
At 30 June 2024 1,400    2,015    3,415 
Depreciation
At 01 July 2023 1,002    1,196    2,198 
Charge for year 398    819    1,217 
On disposals    
At 30 June 2024 1,400    2,015    3,415 
Net book values
Closing balance as at 30 June 2024    
Opening balance as at 01 July 2023 398    819    1,217 


3.

Average number of employees

Average number of employees during the year was 3 (2023 : 4).


For the year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
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 director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 04 March 2025 and were signed by:


--------------------------------
Mumtaz Mirza
Director
2