REGISTERED NUMBER: 06452925 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

LEGAL CLARITY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Quinn

K P J Quinn

R D Underwood

G P Davie

REGISTERED OFFICE:

1st Floor, Charles House

148/9 Gt Charles Street

Birmingham

B3 3HT

REGISTERED NUMBER:

06452925 (England and Wales)

ACCOUNTANTS:

Prime

Chartered Accountants

5 Argosy Court

Scimitar Way

Whitley Business Park

Coventry

CV3 4GA

FIXED ASSETS

Tangible assets

5

13,071

12,215

CURRENT ASSETS

Debtors

6

638,536

544,449

Cash at bank and in hand

484,126

99,451

1,122,662

643,900

CREDITORS

Amounts falling due within one year

7

592,985

372,046

NET CURRENT ASSETS

529,677

271,854

TOTAL ASSETS LESS CURRENT LIABILITIES

542,748

284,069

CREDITORS

Amounts falling due after more than one year

8

(7,904

)

(18,214

)

PROVISIONS FOR LIABILITIES

(3,271

)

(3,054

)

NET ASSETS

531,573

262,801

CAPITAL AND RESERVES

Called up share capital

125

125

Retained earnings

531,448

262,676

SHAREHOLDERS' FUNDS

531,573

262,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

J P Quinn - Director

1.	STATUTORY INFORMATION

Legal Clarity Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 18 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

22,717

44,910

67,627

Additions

457

7,162

7,619

At 31 December 2024

23,174

52,072

75,246

DEPRECIATION

At 1 January 2024

17,689

37,723

55,412

Charge for year

1,316

5,447

6,763

At 31 December 2024

19,005

43,170

62,175

NET BOOK VALUE

At 31 December 2024

4,169

8,902

13,071

At 31 December 2023

5,028

7,187

12,215

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

463,046

393,196

Other debtors

175,490

151,253

638,536

544,449

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

23,699

7,704

Taxation and social security

493,947

336,150

Other creditors

75,339

28,192

592,985

372,046

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

7,904

18,214

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

39,340

39,340

Between one and five years

39,340

78,680

78,680

118,020