ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

30
September
2024

29
February
2024

Company registration number: 14636089

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE PERIOD ENDED 30 SEPTEMBER 2024

	LEGAL ZONE LTD


LEGAL ZONE LTD

COMPANY INFORMATION

Director	M R Culver


Registered number	14636089


Registered office	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	SG1 3QP


LEGAL ZONE LTD

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 4


LEGAL ZONE LTD REGISTERED NUMBER:14636089

STATEMENT OF FINANCIAL POSITION

AS AT 30 SEPTEMBER 2024


	30 September 2024	29 February 2024
Note	£	£


Current assets
Debtors: amounts falling due within one year	4	12,517		10,000
Cash at bank and in hand		2,386		2,916
		14,903		12,916
Creditors: amounts falling due within one year	5	(14,902)		(12,495)
Net current assets			1		421
Total assets less current liabilities			1		421

Net assets			1		421

Capital and reserves
Called up share capital	1	1
Profit and loss account	-	420
	1	421

Page 1


LEGAL ZONE LTD REGISTERED NUMBER:14636089

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 SEPTEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 June 2025.

M R Culver

Director

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

Page 2


LEGAL ZONE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

1.	General information

Legal Zone 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.
The presentation currency of the financial statements is the Pound Sterling (£).
The period covered by the financial statements is the 7 month period from 1 March 2024 to 30 September 2024. The director has chosen to shorten the financial reporting date to 30 September of each year following the cessation of trade of the company. The shortened period should be taken into account when reviewing the comparative information within the financial statements.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


LEGAL ZONE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

2.5

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the Period was 1 (2024 - 1).

Debtors


					30 September 2024	29 February 2024
					£	£


Amounts owed by connected undertakings	11,000	10,000
Other debtors	1,517	-
	12,517	10,000

Corporation tax	12,731	11,196
Other creditors	-	99
Accruals and deferred income	2,171	1,200
	14,902	12,495

6.	Related party transactions
	Included within debtors is an amount of £11,000 (29 February 2024: £10,000) due from a company under common control. This balance is free of interest.

Page 4