REGISTERED NUMBER: 09689488 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

NME Law Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

8,559

9,854

8,559

9,854

Current assets

Debtors

6

194,297

220,059

Cash at bank

27,046

14,873

221,343

234,932

Creditors

Amounts falling due within one year

7

57,939

45,440

Net current assets

163,404

189,492

Total assets less current liabilities

171,963

199,346

Capital and reserves

Called up share capital

123,500

123,500

Retained earnings

48,463

75,846

Shareholders' funds

171,963

199,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2025 and were signed by:

N M Edwards - Director

1.	Statutory information

NME Law Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09689488

Registered office:

Pound House

62a Highgate High Street

London

N6 5HX

2.	Accounting policies

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

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

-

20% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

69,002

Amortisation

At 1 April 2024

and 31 March 2025

69,002

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 April 2024

21,451

26,465

47,916

Additions

-

1,190

1,190

At 31 March 2025

21,451

27,655

49,106

Depreciation

At 1 April 2024

15,938

22,124

38,062

Charge for year

1,103

1,382

2,485

At 31 March 2025

17,041

23,506

40,547

Net book value

At 31 March 2025

4,410

4,149

8,559

At 31 March 2024

5,513

4,341

9,854

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

44,620

23,525

Other debtors

11,135

10,970

Directors' current accounts

132,946

142,692

Prepayments and accrued income

5,596

42,872

194,297

220,059

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Corporation tax

36,909

30,121

Social security and other taxes

313

546

VAT

17,068

11,148

Other creditors

3,649

3,625

57,939

45,440

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

N M Edwards

Balance outstanding at start of year

142,692

104,766

Amounts advanced

132,946

142,692

Amounts repaid

(142,692

)

(104,766

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

132,946

142,692

The above advances include interest charged to the director of £2,946 (2024 - £3,117).

9.	Ultimate controlling party

The ultimate controlling party is N M Edwards.