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REGISTERED NUMBER: 13704561 (England and Wales)












Report of the Directors and

Financial Statements for the Year Ended 30 June 2024

for

Legalvision Law Uk Ltd

Legalvision Law Uk Ltd (Registered number: 13704561)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 3

Income Statement 6

Other Comprehensive Income 7

Balance Sheet 8

Statement of Changes in Equity 9

Notes to the Financial Statements 10


Legalvision Law Uk Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: L A Mcknight
E A Tait-Styles





REGISTERED OFFICE: 3.06 Colony Jactin House
24 Hood Street
Manchester
M4 6WX





REGISTERED NUMBER: 13704561 (England and Wales)





AUDITORS: Bryden Johnson Limited
Chartered Accountants and Statutory Auditors
Kings Parade
Lower Coombe Street
Croydon
London
CR0 1AA

Legalvision Law Uk Ltd (Registered number: 13704561)

Report of the Directors
for the Year Ended 30 June 2024

The directors present their report with the financial statements of the company for the year ended 30 June 2024.

PRINCIPAL ACTIVITY
The principal activities of the Legalvision Law UK Limited (the "Company") continued to be that of legal advice consultations and unlimited documents drafting and reviews.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 July 2023 to the date of this report.

L A Mcknight
E A Tait-Styles

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 101 'Reduced Disclosure Framework'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Bryden Johnson Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





L A Mcknight - Director


1 May 2025

Report of the Independent Auditors to the Members of
Legalvision Law Uk Ltd

Opinion
We have audited the financial statements of Legalvision Law Uk Ltd (the 'company') for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 101 'Reduced Disclosure Framework' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 30 June 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Report of the Independent Auditors to the Members of
Legalvision Law Uk Ltd


Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We performed risk assessment procedures and obtained an understanding of the Company and its environment, the applicable financial reporting framework, the applicable laws and regulations, the Company's system of internal control and the fraud risk factors relevant to the Company that affect the susceptibility of assertions to material misstatement due to fraud. We made enquiries with management regarding actual or suspected fraud, non-compliance with laws and regulations, potential litigation and claims. The engagement partner led a discussion among the audit team with particular emphasis on how and where the Company's financial statements may be susceptible to material misstatement due to fraud, including how fraud might occur. The engagement partner assessed that the engagement team collectively had the appropriate competence and capability to identify or recognise non-compliance with laws and regulations.

We considered compliance with UK Companies Act 2006 and the applicable tax legislation as the key laws and align to be justified regulations which non-compliance cold directly lead to material misstatement due to fraud at the financial statement level. We evaluated whether the selection and application of accounting policies by the Company may be indicative of fraudulent financial reporting. Our audit procedures responsive to assessed risks of material misstatement due to fraud at the assertion level included but were not limited to:

- Testing the appropriateness of manual journal entries recorded in the general ledger and other adjustments made in the preparation of the financial statements;

- Making inquiries of individuals involved in the financial reporting process about inappropriate or unusual activity relating to the processing of journal entries;

- Selecting and testing journal entries and other adjustments made at the end of a reporting period and throughout the period;

- Reviewing accounting estimates for biases that could represent a risk of material misstatement due to fraud;

Owing to the inherent limitations of an audit, there is an unavoidable risk that some material misstatements of the financial statements due to irregularities, including fraud, may not be detected, even though we have properly planned and performed our audit in accordance with the auditing standards. For example, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. In addition, as with any audit, there remains a higher risk of non-detection of irregularities, as they may involve collusion, forgery, intentional omissions, override of internal controls, or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
Legalvision Law Uk Ltd


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Jackie Wilding (Senior Statutory Auditor)
for and on behalf of Bryden Johnson Limited
Chartered Accountants and Statutory Auditors
Kings Parade
Lower Coombe Street
Croydon
London
CR0 1AA

6 May 2025

Legalvision Law Uk Ltd (Registered number: 13704561)

Income Statement
for the Year Ended 30 June 2024

Period
1.11.22
Year Ended to
30.6.24 30.6.23
Notes £    £   

TURNOVER 3,687,797 1,312,708

Cost of sales (1,332,149 ) (585,685 )
GROSS PROFIT 2,355,648 727,023

Administrative expenses (2,254,690 ) (913,543 )
100,958 (186,520 )

Other operating income 126 1,732
OPERATING PROFIT/(LOSS) 101,084 (184,788 )


Interest payable and similar expenses 4 (214,909 ) (99,622 )
LOSS BEFORE TAXATION 5 (113,825 ) (284,410 )

Tax on loss 6 235,558 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

121,733

(284,410

)

Legalvision Law Uk Ltd (Registered number: 13704561)

Other Comprehensive Income
for the Year Ended 30 June 2024

Period
1.11.22
Year Ended to
30.6.24 30.6.23
Notes £    £   

PROFIT/(LOSS) FOR THE YEAR 121,733 (284,410 )


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR
THE YEAR

121,733

(284,410

)

Legalvision Law Uk Ltd (Registered number: 13704561)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 7 59,163 163,531

CURRENT ASSETS
Debtors 8 2,625,229 909,543
Cash at bank 154,952 32,802
2,780,181 942,345
CREDITORS
Amounts falling due within one year 9 (530,537 ) (358,037 )
NET CURRENT ASSETS 2,249,644 584,308
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,308,807

747,839

CREDITORS
Amounts falling due after more than one year 10 (2,893,986 ) (1,454,751 )
NET LIABILITIES (585,179 ) (706,912 )

CAPITAL AND RESERVES
Called up share capital 14 1 1
Retained earnings 15 (585,180 ) (706,913 )
SHAREHOLDERS' FUNDS (585,179 ) (706,912 )

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by:





L A Mcknight - Director


Legalvision Law Uk Ltd (Registered number: 13704561)

Statement of Changes in Equity
for the Year Ended 30 June 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1 November 2022 1 (422,503 ) (422,502 )

Changes in equity
Total comprehensive income - (284,410 ) (284,410 )
Balance at 30 June 2023 1 (706,913 ) (706,912 )

Changes in equity
Total comprehensive income - 121,733 121,733
Balance at 30 June 2024 1 (585,180 ) (585,179 )

Legalvision Law Uk Ltd (Registered number: 13704561)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Legalvision Law Uk Ltd 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 preparation
These financial statements have been prepared in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework":

the requirements of paragraphs 45(b) and 46 to 52 of IFRS 2 Share-based Payment;
the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii), B64(o)(ii), B64(p),
B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;
the requirements of IFRS 7 Financial Instruments: Disclosures;
the requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;
the requirements of paragraph 52, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of IFRS 16
Leases;
the requirements of paragraph 58 of IFRS 16;
the requirements of the second sentence of paragraph 110 and paragraphs 113(a), 114, 115, 118, 119(a) to (c), 120 to
127 and 129 of IFRS 15 Revenue from Contracts with Customers;
the requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative information in
respect of:
- paragraph 79(a)(iv) of IAS 1;
- paragraph 73(e) of IAS 16 Property, Plant and Equipment;
- paragraph 118(e) of IAS 38 Intangible Assets;
- paragraphs 76 and 79(d) of IAS 40 Investment Property; and
- paragraph 50 of IAS 41 Agriculture;
the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to 136 of IAS
1;
the requirements of IAS 7 Statement of Cash Flows;
the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors;
the requirements of paragraphs 88C and 88D of IAS 12 Income Taxes;
the requirements of paragraph 74(b) of IAS 16;
the requirements of paragraphs 134(d) to 134(f) and 135(c) to 135(e) of IAS 36 Impairments of Assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures & Fittings and computer equipments are recognised at cost and depreciation is provided on a straight line basis in order to write off each asset over the estimated useful life of 3 years.

Leasehold building is recognised at cost and depreciation is provided on a straight line basis in order to write off over the lease period of 2 years.

Taxation
Current taxes are based on the results shown in the financial statements and are calculated according to local tax rules, using tax rates enacted or substantially enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Legalvision Law Uk Ltd (Registered number: 13704561)

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

2. ACCOUNTING POLICIES - continued

Employee benefit costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Going concern
The company's ability to continue as a going concern is contingent on the ability of the shareholder of the company to continue providing financial support to the company. The shareholder has confirmed that their financial support will continue for at least 12 months from the date of approval of these financial statements. These accounts have therefore been prepared on the going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, value added tax and other sales taxes.

Turnover from the rendering of services under contracts is recognised on a percentage basis in relation to the performance obligation of the contract, also determined by the length of the contract in pre-determined increments.

3. EMPLOYEES AND DIRECTORS
Period
1.11.22
Year Ended to
30.6.24 30.6.23
£    £   
Wages and salaries 1,525,055 646,514
Social security costs 173,033 65,127
Other pension costs 20,016 9,710
1,718,104 721,351

The average number of employees during the year was as follows:
Period
1.11.22
Year Ended to
30.6.24 30.6.23

24 15

Period
1.11.22
Year Ended to
30.6.24 30.6.23
£    £   
Directors' remuneration - -

4. INTEREST PAYABLE AND SIMILAR EXPENSES
Period
1.11.22
Year Ended to
30.6.24 30.6.23
£    £   
Interest on Intercompany Loan 214,909 99,622

Legalvision Law Uk Ltd (Registered number: 13704561)

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

5. LOSS BEFORE TAXATION

The loss before taxation is stated after charging/(crediting):

Period
1.11.22
Year Endedto
30.6.2430.6.23
£   £   
Cost of sales 1,332,149585,685
Depreciation - owned assets136,04786,921
Auditors' remuneration11,7509,500
Foreign exchange differences(1,697)(142,538)


6. TAXATION

Analysis of tax income
Period
1.11.22
Year Ended to
30.6.24 30.6.23
£    £   
Deferred tax (235,558 ) -
Total tax income in income statement (235,558 ) -

7. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 July 2023 234,922 967 38,273 274,162
Additions - 8,984 22,695 31,679
At 30 June 2024 234,922 9,951 60,968 305,841
DEPRECIATION
At 1 July 2023 97,884 217 12,530 110,631
Charge for year 117,461 2,164 16,422 136,047
At 30 June 2024 215,345 2,381 28,952 246,678
NET BOOK VALUE
At 30 June 2024 19,577 7,570 32,016 59,163
At 30 June 2023 137,038 750 25,743 163,531

Legalvision Law Uk Ltd (Registered number: 13704561)

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

8. DEBTORS

30.6.2430.6.23
££
Amounts falling due within one year:
Trade debtors385,028(5,250)
Other debtors2,221,840896,432
2,606,868891,182

Amounts falling due after more than one year:
Other debtors18,36118,361

Aggregate amounts2,625,229909,543

Deferred tax asset
30.6.2430.6.23
££
Deferred tax liabilities(264,276)-
Deferred tax assets499,834-
235,558-



9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Leases (see note 11) 22,598 122,400
Trade creditors 11,703 21,407
Social security and other taxes 63,333 28,229
VAT 70,551 22,880
Other creditors 122,790 65,500
Net pay control 970 106
Pension Payable 16,756 7,726
Accruals and deferred income 221,836 89,789
530,537 358,037

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Leases (see note 11) - 21,903
Amount owed to related parties 2,893,986 1,432,848
2,893,986 1,454,751

11. FINANCIAL LIABILITIES - BORROWINGS

30.6.24 30.6.23
£    £   
Current:
Leases (see note 12) 22,598 122,400

Non-current:
Leases (see note 12) - 21,903

Legalvision Law Uk Ltd (Registered number: 13704561)

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

11. FINANCIAL LIABILITIES - BORROWINGS - continued

Terms and debt repayment schedule

1 year or
less
£   
Leases 22,598

12. LEASING

Lease liabilities

Minimum lease payments fall due as follows:

30.6.24 30.6.23
£    £   
Gross obligations repayable:
Within one year 22,598 122,400
Between one and five years - 21,903

22,598 144,303

Finance charges repayable:

Net obligations repayable:
Within one year 22,598 122,400
Between one and five years - 21,903
22,598 144,303

13. DEFERRED TAX

£
Credit to Income Statement during year(235,558)
Balance at 30 June 2024(235,558)


14. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
1 Ordinary shares 1 1 1

15. RESERVES
Retained
earnings
£   

At 1 July 2023 (706,913 )
Profit for the year 121,733
At 30 June 2024 (585,180 )

Legalvision Law Uk Ltd (Registered number: 13704561)

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

16. RELATED PARTY DISCLOSURES

During the year, the company operated a loan account with LegalVision ILP Pty Ltd, it is a company under common ownership and as at 30.06.2024 balance payable to LegalVision ILP Pty Ltd was £2,893,986 (2023: £1,432,848) (Note 10)

The intercompany loan has an interest rate of 11% per annum.

17. PARENT AND ULTIMATE CONTROLLING PARTY

The immediate parent company is Legal Vision International Pty Ltd, registered in Sydney, Australia.

The ultimate controlling party is Jiclan Pty Ltd, registered as a trustee for the McKnight Family Trust in Sydney, Australia.