Company Registration No. 08573010 (England and Wales)
Buckingham Legal Associates Ltd
Management accounts
for the year ended 30 June 2024
Buckingham Legal Associates Ltd
Management accounts
Contents
Buckingham Legal Associates Ltd
Company Information
for the year ended 30 June 2024
Directors
Muhammad Umar Khan
Naila Khan
Company Number
08573010 (England and Wales)
Registered Office
20 Pauls Row
High Wycombe
HP11 2HQ
England
Buckingham Legal Associates Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
13,171
16,463
Cash at bank and in hand
58,093
14,916
Creditors: amounts falling due within one year
(57,735)
(38,414)
Net current assets
266,398
197,548
Total assets less current liabilities
279,569
214,011
Creditors: amounts falling due after more than one year
(19,890)
(34,750)
Net assets
259,679
179,261
Called up share capital
200
200
Profit and loss account
259,479
179,061
Shareholders' funds
259,679
179,261
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 7 December 2024 and were signed on its behalf by
Naila Khan
Director
Company Registration No. 08573010
Buckingham Legal Associates Ltd
Notes to the Accounts
for the year ended 30 June 2024
Buckingham Legal Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 08573010. The registered office is 20 Pauls Row, High Wycombe, HP11 2HQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
35,500
6,041
41,541
At 30 June 2024
35,500
6,041
41,541
At 1 July 2023
21,444
3,634
25,078
Charge for the year
2,811
481
3,292
At 30 June 2024
24,255
4,115
28,370
At 30 June 2024
11,245
1,926
13,171
At 30 June 2023
14,056
2,407
16,463
Amounts falling due within one year
Trade debtors
156,277
179,024
Other debtors
109,763
42,022
Buckingham Legal Associates Ltd
Notes to the Accounts
for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
26,995
22,801
Other creditors
16,914
4,057
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,846
8
Average number of employees
During the year the average number of employees was 6 (2023: 4).