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Company Registration No. 12651362 (England and Wales)
ASCENTIM LEGAL LTD Unaudited accounts for the year ended 30 June 2024
ASCENTIM LEGAL LTD Unaudited accounts Contents
Page
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ASCENTIM LEGAL LTD Company Information for the year ended 30 June 2024
Directors
IQBAL HOSSAIN PRODHAN ABDUR ROKIB SOHRAB UDDIN
Company Number
12651362 (England and Wales)
Registered Office
FIRST FLOOR, GM04,2-12 CAMBRIDGE HEATH R LONDON LONDON E1 5QH UNITED KINGDOM
Accountants
CITYGATE CERTIFIED ACCOUNTANTS EAST LONDON BUSINESS CENTRE 93-101 GREENFIELD ROAD LONDON E1 1EJ
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ASCENTIM LEGAL LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,944 
14,382 
Current assets
Debtors
29,581 
15,420 
Cash at bank and in hand
15,958 
2,687 
45,539 
18,107 
Creditors: amounts falling due within one year
(59,720)
(40,581)
Net current liabilities
(14,181)
(22,474)
Net liabilities
(1,237)
(8,092)
Capital and reserves
Called up share capital
2,500 
2,500 
Profit and loss account
(3,737)
(10,592)
Shareholders' funds
(1,237)
(8,092)
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 5 December 2024 and were signed on its behalf by
IQBAL HOSSAIN PRODHAN Director Company Registration No. 12651362
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ASCENTIM LEGAL LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
ASCENTIM LEGAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12651362. The registered office is FIRST FLOOR, GM04,2-12 CAMBRIDGE HEATH R, LONDON, LONDON, E1 5QH, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Fixtures & fittings
10%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2023
15,979 
At 30 June 2024
15,979 
Depreciation
At 1 July 2023
1,597 
Charge for the year
1,438 
At 30 June 2024
3,035 
Net book value
At 30 June 2024
12,944 
At 30 June 2023
14,382 
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ASCENTIM LEGAL LTD Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,904 
- 
Trade debtors
- 
5,042 
Accrued income and prepayments
- 
5,798 
Other debtors
27,677 
- 
29,581 
10,840 
Amounts falling due after more than one year
Other debtors
- 
4,580 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,220 
- 
Taxes and social security
- 
2,467 
Loans from directors
- 
38,114 
Accruals
57,500 
- 
59,720 
40,581 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2,500 Ordinary shares of £1 each
2,500 
2,500 
8
Average number of employees
During the year the average number of employees was 5 (2023: 2).
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