UK Migration Lawyers Ltd 31/12/2024 iXBRL

Company registration number: 06702262

UK Migration Lawyers Ltd

Trading as UK Migration Lawyers Ltd

Unaudited filleted financial statements

31 December 2024

UK Migration Lawyers Ltd

Contents

Directors and other information

Director's report

Statement of financial position

Notes to the financial statements

UK Migration Lawyers Ltd

Directors and other information


	Director	Miss Gazala Rashid


	Company number	06702262


	Registered office	39 George Road
		Edgbaston
		Birmingham
		England
		B15 1PL


	Business address	39 George Road
		Egbaston
		Birmingham
		West Midlands
		B15 1PL


	Accountants	Joseph Meer Ltd
		No.1 Cochrane House
		Admirals Way
		Canary Wharf
		E14 9UD

UK Migration Lawyers Ltd

Director's report

Year ended 31 December 2024

The director presents her report and the unaudited financial statements of the company for the year ended 31 December 2024.

Director

The director who served the company during the year was as follows:

Miss Gazala Rashid

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 26 September 2025 and signed on behalf of the board by:

Miss Gazala Rashid

Director

UK Migration Lawyers Ltd

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Intangible assets		-		-
Tangible assets	6	55,593		65,063
		_______		_______
			55,593		65,063

Current assets
Debtors	7	933,059		767,161
Cash at bank and in hand		526,613		389,553
		_______		_______
		1,459,672		1,156,714
Creditors: amounts falling due
within one year	8	( 493,926)		( 309,808)
		_______		_______
Net current assets			965,746		846,906
			_______		_______
Total assets less current liabilities			1,021,339		911,969

Creditors: amounts falling due
after more than one year	9		( 16,800)		( 85,676)
			_______		_______
Net assets			1,004,539		826,293
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			1,004,439		826,193
			_______		_______
Shareholder funds			1,004,539		826,293
			_______		_______

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

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

Miss Gazala Rashid

Director

Company registration number: 06702262

UK Migration Lawyers Ltd

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 39 George Road, Edgbaston, Birmingham, England, B15 1PL.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Staff costs

The average number of persons employed by the company during the year amounted to 9 (2023: 9 ).

The aggregate payroll costs incurred during the year were:

	2024	2023
	£	£
Wages and salaries	336,882	295,976
Social security costs	32,500	7,892
Other pension costs	54,188	54,631
	_______	_______
	423,570	358,499
	_______	_______

5. Directors remuneration

The director's aggregate remuneration in respect of qualifying services was:

	2024	2023
	£	£
Remuneration	13,000	13,000
Company contributions to pension schemes in respect of qualifying services	50,000	50,000
Sums paid to third parties in respect of director's services	-	20,439
	_______	_______
	63,000	83,439
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 January 2024	186,325	186,325
Additions	6,795	6,795
	_______	_______
At 31 December 2024	193,120	193,120
	_______	_______
Depreciation
At 1 January 2024	121,261	121,261
Charge for the year	16,266	16,266
	_______	_______
At 31 December 2024	137,527	137,527
	_______	_______
Carrying amount
At 31 December 2024	55,593	55,593
	_______	_______
At 31 December 2023	65,064	65,064
	_______	_______

7. Debtors

	2024	2023
	£	£
Trade debtors	232,568	199,952
Amounts owed by group undertakings and undertakings in which the company has a participating interest	292,304	297,634
Other debtors	408,187	269,575
	_______	_______
	933,059	767,161
	_______	_______

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	209,945	77,724
Amounts owed to group undertakings and undertakings in which the company has a participating interest	142,367	139,627
Corporation tax	117,952	83,723
Social security and other taxes	17,114	8,238
Other creditors	6,548	496
	_______	_______
	493,926	309,808
	_______	_______

9. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	-	60,476
Other creditors	16,800	25,200
	_______	_______
	16,800	85,676
	_______	_______

10. Directors advances, credits and guarantees

At the end of the period, director owed the company £401,889 (2023: £ 263,000). This was repaid before the reporting date i.e. 30th September, 2025.