ACCOUNTS - Final Accounts

Company registration number: 02810402

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	THE NOTARIES GUARANTEE LIMITED (A company limited by guarantee)


THE NOTARIES GUARANTEE LIMITED (A company limited by guarantee)

COMPANY INFORMATION

Directors	C G R Allen
	T L Barker
	N P Harding
	J B Hoyle
	M A Reed


Registered number	02810402


Registered office	Conker Cottage
	High Street
	Haversham
	Milton Keynes
	MK19 7DT


Bankers	Coutts & Co
	440 Strand
	London
	WC2R 0QS


THE NOTARIES GUARANTEE LIMITED (A company limited by guarantee) REGISTERED NUMBER:02810402

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Cash at bank and in hand		82,744		79,471
		82,744		79,471
Creditors: amounts falling due within one year	4	(3,629)		(2,509)
Net current assets			79,115		76,962
Total assets less current liabilities			79,115		76,962

Net assets			79,115		76,962

Capital and reserves
Profit and loss account	79,115	76,962
	79,115	76,962

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M A Reed

Director

Date: 16 September 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1


THE NOTARIES GUARANTEE LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The Notaries Guarantee Limited is a private company limited by guarantee registered in England and Wales. The address of its registered office is disclosed on the company information page.
The presentation currency in the accounts is GBP rounded to the nearest £1.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Page 2


THE NOTARIES GUARANTEE LIMITED (A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The Company has no employees other than the directors.

4.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Corporation tax	1,450	-
Accruals and deferred income	2,179	2,509
	3,629	2,509


5.	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

Page 3