Registered number
08661865
De Cruz Solicitors Limited
Filleted Accounts
30 November 2024
De Cruz Solicitors Limited
Registered number: 08661865
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 360 1,396
Current assets
Debtors 4 785,203 703,743
Cash at bank and in hand 154,841 145,159
940,044 848,902
Creditors: amounts falling due within one year 5 (665,993) (546,412)
Net current assets 274,051 302,490
Total assets less current liabilities 274,411 303,886
Creditors: amounts falling due after more than one year 6 (5,803) (15,208)
Provisions for liabilities (90) (335)
Net assets 268,518 288,343
Capital and reserves
Called up share capital 100 100
Profit and loss account 268,418 288,243
Shareholder's funds 268,518 288,343
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 member has 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.
Mr VB D'Cruz
Director
Approved by the board on 13.08.2025
De Cruz Solicitors Limited
Notes to the Accounts
for the year ended 30 November 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).
Fee Income
Fee Income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenues earned from the rendering of regulated legal services and is recognised when the amount becomes unconditional less any provision for bad debts.
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:
Plant and machinery 25%
Fixtures, fittings, tools and equipment 25%
Work in progress
Work in progress is measured at the approximate future billable fees , where it is not expected to recover the costs , they are systematically written off.
Debtors
Short term debtors are measured at transaction price less . Any counsels fee specifically included in debtors at the balalnce sheet date is netted off against the corresponding creditor .
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.
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 6 6
3 Tangible fixed assets
Plant and machinery etc Fixtures & Fittings. Total
£ £ £
Cost
At 1 December 2023 18,313 3,797 22,110
At 30 November 2024 18,313 3,797 22,110
Depreciation
At 1 December 2023 16,917 3,797 20,714
Charge for the year 1,036 - 1,036
At 30 November 2024 17,953 3,797 21,750
Net book value
At 30 November 2024 360 - 360
At 30 November 2023 1,396 - 1,396
4 Debtors 2024 2023
£ £
Trade debtors 744,133 689,409
Directors loan account. 26,736 -
Other debtors 14,334 14,334
785,203 703,743
5 Creditors: amounts falling due within one year 2024 2023
£ £
Directors Loan account - 15,807
Bank loans and overdrafts 20 22
Bank Loan Repayments -Current. 9,996 9,996
Trade creditors 5,770 5,349
Taxation and social security costs 647,631 512,594
Other creditors 2,576 2,644
665,993 546,412
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank Loan 5,803 15,208
7 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr VB De'Cruz
[Loan 1] - 26,736 - 26,736
The loan was repaid on 15.04.2025
- 26,736 - 26,736
8 Other information
De Cruz Solicitors Limited is a private company limited by shares and incorporated in England. Its registered office is:
Coppergate House
10 Whites Row
London E1 7NF
De Cruz Solicitors Limited 08661865 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts April 2025 Mr VB D'Cruz No description of principal activity 08661865 2022-12-01 2023-11-30 08661865 core:WithinOneYear 2023-11-30 08661865 core:AfterOneYear 2023-11-30 08661865 core:ShareCapital 2023-11-30 08661865 core:RetainedEarningsAccumulatedLosses 2023-11-30 08661865 2023-12-01 2024-11-30 08661865 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08661865 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 08661865 bus:Director40 2023-12-01 2024-11-30 08661865 1 2023-12-01 2024-11-30 08661865 2 2023-12-01 2024-11-30 08661865 core:PlantMachinery 2023-12-01 2024-11-30 08661865 core:Vehicles 2023-12-01 2024-11-30 08661865 bus:Director1 2023-12-01 2024-11-30 08661865 bus:Director1 1 2023-12-01 2024-11-30 08661865 countries:England 2023-12-01 2024-11-30 08661865 bus:FRS102 2023-12-01 2024-11-30 08661865 bus:FilletedAccounts 2023-12-01 2024-11-30 08661865 2024-11-30 08661865 core:WithinOneYear 2024-11-30 08661865 core:AfterOneYear 2024-11-30 08661865 core:ShareCapital 2024-11-30 08661865 core:RetainedEarningsAccumulatedLosses 2024-11-30 08661865 core:PlantMachinery 2024-11-30 08661865 core:Vehicles 2024-11-30 08661865 bus:Director1 1 2024-11-30 08661865 2023-11-30 08661865 core:PlantMachinery 2023-11-30 08661865 core:Vehicles 2023-11-30 08661865 bus:Director1 1 2023-11-30 iso4217:GBP xbrli:pure