Registered number
14512982
T & B Law Limited
Unaudited Filleted Accounts
31 March 2025
T & B Law Limited
Registered number: 14512982
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 30,317 28,150
Cash at bank and in hand 19,870 6,864
50,187 35,014
Creditors: amounts falling due within one year 4 (25,707) (19,678)
Net current assets 24,480 15,336
Net assets 24,480 15,336
Capital and reserves
Called up share capital 1 1
Profit and loss account 24,479 15,335
Shareholder's funds 24,480 15,336
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs C. Treble-Breame
Director
Approved by the board on 31 May 2025
T & B Law Limited
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention in pounds sterling, and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (including section 1A of the standard as applied to Small entities).
Turnover
Turnover represents amounts chargeable to clients for professional services provided during the period. Services to clients, which at the balance sheet date have not been billed, have been recognised as revenue, by reference to an assessment of the services carred out at the balance sheet date to the extent that the company has a right to consideration and is recorded at the value of that consideration.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2025 2024
£ £
Trade debtors 14,908 5,439
Other debtors 15,409 22,711
30,317 28,150
4 Creditors: amounts falling due within one year 2025 2024
£ £
Taxation and social security costs 5,334 6,578
Other creditors 20,373 13,100
25,707 19,678
5 Related party transactions
Included in other creditors is an amount of £18,648 owed to the Director. This loan is interest free.
6 Other information
T & B Law Limited is a private company limited by shares and incorporated in England. Its registered office is:
Stangate House,
Green Lane,
Huntingdon,
Cambridgeshire
PE28 5YE
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