The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

Injury Lawyers 4U Limited is a private company limited by shares incorporated in England and Wales. The registered office is South Court, 1 Sharston Road, Manchester, United Kingdom, M22 4SN.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover represents the service charges due from the members to meet expenditure incurred in the accounting period and is shown net of VAT.

Deferred income represents the service charges invoiced in advance together with any surplus unspent funds that will be utilised to offset costs in future accounting periods.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are not interest bearing and are stated at their nominal value.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The directors consider there to be no key sources of estimation uncertainty.

During the year, administrative services and other expenses totalling £1,655 (2023: £324,215) were charged to the company by Amelans Solicitors, which ceased to trade 30 June 2024, a business in which Mr J Maxey and Mr D Slade were partners from 21 July 23.

During the year, amounts invoiced to Amelans Solicitors totalled £66,667 (2023: £400,000).

During the year, administrative services and other expenses totalling £430,309 (2023 period from 21 July: £61,670) were charged to the company by Express Solicitors Limited, a business in which Mr J Maxey and Mr D Slade are directors.

During the year amounts invoiced to Express Solicitors Limited totalled £6,225,000 (2023 period from 21 July: £2,325,000).

During the year amounts invoived to Jefferies Solicitors Limited, a business in which Mr J Maxey and Mr D Slade are directors, totalled £Nil (2023 period from 23 July: £100,000).