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REGISTERED NUMBER: 07760850 (England and Wales)



















LAW PROPERTY INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024





LAW PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07760850)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


LAW PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: Mr D L Wright
Mrs A L Wright





REGISTERED OFFICE: 33 Main Road
Watnall
Nottingham
NG16 1HS





REGISTERED NUMBER: 07760850 (England and Wales)





ACCOUNTANTS: Johnson Tidsall Limited
Chartered Accountants
81 Burton Road
Derby
Derbyshire
DE1 1TJ
Page 1
LAW PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07760850)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 237,038 237,038

CURRENT ASSETS
Cash at bank 46,638 11,851

CREDITORS
Amounts falling due within one year 5 127,045 144,998
NET CURRENT LIABILITIES (80,407 ) (133,147 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
156,631
103,891

CREDITORS
Amounts falling due after more than one
year
6
92,720
36,879
NET ASSETS 63,911 67,012

CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair value reserve 9 71,201 71,201
Retained earnings (7,390 ) (4,289 )
SHAREHOLDERS' FUNDS 63,911 67,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





Mr D L Wright - Director


The notes on pages 3 to 4 form part of these financial statements

Page 2
LAW PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07760850)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Law Property Investments Limited 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 preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

This is the first year in which the financial statements have been prepare under FRS102 1A. Refer to the notes to the financial statements for an explanation of the transition.

Turnover
Turnover represents rents received during the year.

Investment property
Investment properties are shown at their open market value. The surplus or deficit arising from the annual revaluation is transferred to the investment fair value reserve unless a deficit, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 237,038
NET BOOK VALUE
At 30 September 2024 237,038
At 30 September 2023 237,038

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 2,120
Corporation tax - (140 )
Other creditors 612 16,654
Directors' current accounts 125,485 125,485
Accruals and deferred income 948 879
127,045 144,998

Page 3
LAW PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 07760850)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 2-5 years 92,720 10,600
Bank loans >5 yr (instalments) - 26,279
92,720 36,879

Amounts falling due in more than five years:

Repayable by instalments
Bank loans >5 yr (instalments) - 26,279

7. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 92,720 38,999

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Fair
value
reserve
£   
At 1 October 2023
and 30 September 2024 71,201

Page 4