Registered number
07226148
CLR Law Limited
Unaudited Filleted Accounts
30 September 2024
CLR Law Limited
Registered number: 07226148
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 4,949 196
Current assets
Debtors 4 75,361 94,551
Cash at bank and in hand 6,936 77
82,297 94,628
Creditors: amounts falling due within one year 5 (18,907) (26,734)
Net current assets 63,390 67,894
Total assets less current liabilities 68,339 68,090
Creditors: amounts falling due after more than one year 6 (33,724) (39,802)
Net assets 34,615 28,288
Capital and reserves
Called up share capital 200 200
Profit and loss account 34,415 28,088
Shareholders' funds 34,615 28,288
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Claire Rolston
Director
Approved by the board on 25 June 2025
CLR Law Limited
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents revenue earned under a variety of contracts to provide professional services net of VAT and discounts.

Revenue is recognised as earned, when, and to the extent that, the company has obtained the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration which reprersents amounts chargeable to clients, including expenses and disbursements but excluding VAT.

Revenue not billed to clients (work in progress) is included in debtors and payments on account in excess of the relevent amount of revenue is included in creditors.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings and equipment 25% to 33% straight line
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 October 2023 - 7,057 7,057
Additions 3,750 1,752 5,502
At 30 September 2024 3,750 8,809 12,559
Depreciation
At 1 October 2023 - 6,861 6,861
Charge for the year 313 436 749
At 30 September 2024 313 7,297 7,610
Net book value
At 30 September 2024 3,437 1,512 4,949
At 30 September 2023 - 196 196
4 Debtors 2024 2023
£ £
Trade debtors 9,792 10,388
Other debtors 65,569 84,163
75,361 94,551
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,550 6,437
Trade creditors 866 3,989
Taxation and social security costs 11,083 13,587
Other creditors 2,408 2,721
18,907 26,734
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank and other loans 33,724 39,802
7 Pension commitments 2024 2023
£ £
Pension contributions paid in the year. 3,665 1,331
8 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Claire Rolston
Directors loan account 70,379 15,992 (26,477) 59,894
70,379 15,992 (26,477) 59,894
9 Controlling party
The company is under the control of the director Claire Rolston.
10 Other information
CLR Law Limited is a private company limited by shares and incorporated in England. Its registered office is:
Baltimore House
Baltic Business Quarter
Gateshead
Tyne and Wear
NE8 3DF
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