Company Registration No. 08356292 (England and Wales)
Accounts and Legal Consultants Ltd
Unaudited accounts
for the year ended 30 June 2025
Accounts and Legal Consultants Ltd
Unaudited accounts
Contents
Accounts and Legal Consultants Ltd
Company Information
for the year ended 30 June 2025
Directors
Neil David Nichols
Neil Ormesher
Edward James Richard Turner
Company Number
08356292 (England and Wales)
Registered Office
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
England
Accounts and Legal Consultants Ltd
Statement of financial position
as at 30 June 2025
Tangible assets
9,916
22,503
Cash at bank and in hand
30,143
6,518
Creditors: amounts falling due within one year
(294,153)
(581,370)
Net current assets/(liabilities)
295,247
(463,827)
Total assets less current liabilities
305,163
(441,324)
Creditors: amounts falling due after more than one year
(299,474)
(1,609,763)
Net assets/(liabilities)
5,689
(2,051,087)
Called up share capital
21
18
Capital redemption reserve
(10,000)
(10,000)
Capital contribution reserve
985,286
-
Profit and loss account
(1,425,687)
(2,041,105)
Shareholders' funds
5,689
(2,051,087)
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 August 2025 and were signed on its behalf by
Neil David Nichols
Director
Company Registration No. 08356292
Accounts and Legal Consultants Ltd
Notes to the Accounts
for the year ended 30 June 2025
Accounts and Legal Consultants Ltd is a private company, limited by shares, registered in England and Wales, registration number 08356292. The registered office is Suite 1-3, The Hop Exchange, 24 Southwark Street, London, SE1 1TY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
These financial statements cover the period from 1st July 2024 to 30th June 2025, a period of 12 months. The comparative figures cover the 6-month period ended 30th June 2024.
As a result, the amounts presented in the statement of comprehensive income, the statement of cash flows, and related notes are not entirely comparable between the current period and the comparative period.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Accounts and Legal Consultants Ltd
Notes to the Accounts
for the year ended 30 June 2025
The financial statements have been prepared on a going concern basis.
The directors have considered the Company’s financial position, forecasts, and cash flow requirements for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements.
The directors’ forecasts, which indicate that the Company is expected to meet its obligations as they fall due, supported by the availability of shareholder funding and expected trading performance.
On the basis of these considerations, the directors believe that it is appropriate to prepare the financial statements on a going concern basis.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The costs of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2024
4,530
72,236
76,766
At 30 June 2025
4,530
72,236
76,766
At 1 July 2024
2,113
52,150
54,263
Charge for the year
659
11,928
12,587
At 30 June 2025
2,772
64,078
66,850
At 30 June 2025
1,758
8,158
9,916
At 30 June 2024
2,417
20,086
22,503
Accounts and Legal Consultants Ltd
Notes to the Accounts
for the year ended 30 June 2025
Amounts falling due within one year
Trade debtors
101,938
73,424
Deferred tax asset
401,930
-
Accrued income and prepayments
28,612
17,344
Other debtors
26,777
20,257
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
11,689
39,642
Trade creditors
30,906
79,882
Taxes and social security
62,806
162,216
Other creditors
9,465
140,881
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
243,694
589,374
Loans from directors
-
946,859
Included in non current creditors is government backed loans.
Allotted, called up and fully paid:
2,100 Ordinary shares of £0.01 each
21
18
Shares issued during the period:
300 Ordinary shares of £0.01 each
3
9
Capital contribution reserve
Capital Contribution reserves represent an interest free loan of £985,296 from Mr Neil Nichols. The loan is to be repaid at a mutually agreeable date between Mr Neil Nichols and Accounts and Legal Consultants Ltd and hence there is therefore no contractual liability for this to be repaid currently. In accordance with FRS 102.22 the loan has therefore been classified as equity.
10
Average number of employees
During the year the average number of employees was 33 (2024: 42).