VIRTUS LAW LIMITED

Company Registration Number:
09476369 (England and Wales)

Unaudited statutory accounts for the year ended 30 July 2024

Period of accounts

Start date: 01 August 2023

End date: 30 July 2024

VIRTUS LAW LIMITED

Contents of the Financial Statements

for the Period Ended 30 July 2024

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

VIRTUS LAW LIMITED

Company Information

for the Period Ended 30 July 2024




Registered office: Suite E 3rd Floor Arthur House
Chorlton Street
Manchester
Greater Manchester
M1 3FH
Company Registration Number: 09476369 (England and Wales)

VIRTUS LAW LIMITED

Profit and Loss Account

for the Period Ended 30 July 2024


Notes

2024
£

2023
£
Turnover 324,894 397,792
Cost of sales ( 121,870 ) ( 105,260 )
Gross Profit or (Loss) 203,024 292,532
Administrative Expenses ( 187,600 ) ( 400,566 )
Operating Profit or (Loss) 15,424 ( 108,034 )
Interest Receivable and Similar Income 656 2,532
Profit or (Loss) Before Tax 16,080 ( 105,502 )
Profit or (Loss) for Period 16,080 ( 105,502 )

The notes form part of these financial statements

VIRTUS LAW LIMITED

Balance sheet

As at 30 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 0 4,486
Total fixed assets: 0 4,486
Current assets
Debtors: 5 113,371 169,921
Cash at bank and in hand: 2,585 3,134
Total current assets: 115,956 173,055
Creditors: amounts falling due within one year: 6 ( 148,844 ) ( 225,657 )
Net current assets (liabilities): ( 32,888 ) ( 52,602 )
Total assets less current liabilities: ( 32,888 ) ( 48,116 )
Provision for liabilities: ( 852 )
Total net assets (liabilities): ( 32,888 ) ( 48,968 )

The notes form part of these financial statements

VIRTUS LAW LIMITED

Balance sheet continued

As at 30 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 7 0 0
Profit and loss account: ( 33,888 ) ( 49,968 )
Shareholders funds: ( 32,888 ) ( 48,968 )

For the year ending 30 July 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 April 2025
And Signed On Behalf Of The Board By:

Name: Rossanna Schurink
Status: Director

The notes form part of these financial statements

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover represents amounts receivable for goods and services net of VAT and trade discounts

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 1

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

  • 3. Off balance sheet disclosure

    No

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 August 2023 4,486 4,486
Additions - -
Disposals ( 3,294 ) ( 3,294 )
Revaluations ( 1,192 ) ( 1,192 )
Transfers - -
At 30 July 2024 0 0
Depreciation
At 01 August 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 July 2024 - -
Net book value
At 30 July 2024 0 0
At 31 July 2023 4,486 4,486

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

5. Debtors


2024
£

2023
£
Trade debtors 113,371 169,921
Total 113,371 169,921

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,206
Other creditors 148,844 224,451
Total 148,844 225,657

VIRTUS LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 July 2024

7. Revaluation reserve


2024
£
Balance at 01 August 2023 0
Surplus or deficit after revaluation 0
Balance at 30 July 2024 0