Going Legal Limited - Filleted accounts

Registered number

03785951

Going Legal Limited

Filleted Accounts

31 December 2024

Going Legal Limited
Registered number:		03785951
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Current assets
Debtors	3	295,389			183,096
Cash at bank and in hand		3,345			18,453
		298,734			201,549

Creditors: amounts falling due within one year	4	(146,338)			(48,390)

Net current assets			152,396			153,159

Net assets			152,396			153,159

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			151,396			152,159

Shareholder's funds			152,396			153,159

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




T L Silk
Director
Approved by the board on 29 September 2025

Going Legal Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	-		-


3	Debtors	2024		2023
£			£

	Other debtors	295,389		183,096


4	Creditors: amounts falling due within one year	2024		2023
£			£

	Bank loans and overdrafts	60,085		27,191
	Trade creditors	1,675		1,650
	Other taxes and social security costs	1,811		6,782
	Other creditors	82,767		12,767
		146,338		48,390


5	Related party transactions

	Matrix (UK) Limited
	Common Shareholders
	Management Charges	-		133,610
	Amount due by the related party at the year end included in other debtors.	283,473		173,180
	Amount due to the related party at the year end included in other creditors.	-		-

	Legal Link Introductory Services Limited
	Common Shareholders
	Loan
	Amount due by the related party at the year end included in other debtors	11,808		9,808


6	Controlling party

	The controlling party is C Silk and T Silk by virtue of their control of the majority of the issued share capital of the company.


7	Other information

	Going Legal Limited is a private company limited by shares and incorporated in England. Its registered office is:
	4, The Cottages, Deva Centre
	Trinity Way
	Manchester
	M3 7BE