Agasee Law Associates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 14747478

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,082		3,082

			6,082		3,082
CURRENT ASSETS
Stocks	5	21,147		16,062
Debtors	6	9,586		12,392
Cash at bank and in hand		58,492		59,556

		89,225		88,010
Creditors: Amounts Falling Due Within One Year	7	(49,211 )		(61,664 )

NET CURRENT ASSETS (LIABILITIES)			40,014		26,346

TOTAL ASSETS LESS CURRENT LIABILITIES			46,096		29,428

NET ASSETS			46,096		29,428

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			45,996		29,328

SHAREHOLDERS' FUNDS			46,096		29,428

Page 1

Page 2

Agasee Law Associates Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

S L Agasee

Director

10th September 2025

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

1. General Information

Agasee Law Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14747478 . The registered office is Saxon House, Duke Street, Chelmsford, CM1 1HT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% straight line method
Computer Equipment	20% straight line method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	646	3,207	3,853
Additions	958	3,755	4,713

As at 31 March 2025	1,604	6,962	8,566

Depreciation
As at 1 April 2024	129	642	771
Provided during the period	321	1,392	1,713

As at 31 March 2025	450	2,034	2,484

...CONTINUED

Page 3

Page 4

Agasee Law Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	1,154	4,928	6,082

As at 1 April 2024	517	2,565	3,082

5. Stocks

	31 March 2025	31 March 2024
	£	£
Work in progress	21,147	16,062

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	3,589	8,214
Other debtors	5,997	4,178

	9,586	12,392

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	2,566	1,855
Other creditors	23,269	31,825
Taxation and social security	23,376	27,984

	49,211	61,664

8. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	100	100

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2025
	£	£	£	£	£
Ms Sybilla Agasee	(27,270 )	9,227	(2,328 )	-	(20,371 )

The above loan is unsecured, interest free and repayable on demand.

Page 4