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Registered Number: 13569157
England and Wales
STANWORTH LAW LIMITED
Unaudited Filleted Financial Statements
Period of accounts Start date: 01 January 2024 End date: 31 December 2024

Registered Number: 13569157 Stanworth Law Limited Statement of Financial Position As at 31 December 2024
| Notes | 2024 £ |  | 2023 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 18,663 |  | 825
|  | 18,663 |  | 825
Current assets |  |  |
Stocks and Work in progress | 4 | 188,790 |  | 174,992
Debtors | 5 | 633,387 |  | 107,183
Cash at bank and in hand |  | 917,347 |  | 957,219
|  | 1,739,524 |  | 1,239,394
Creditors: amount falling due within one year | 6 | (422,004) |  | (496,870)
Net current assets |  | 1,317,520 |  | 742,524
Total assets less current liabilities |  | 1,336,183 |  | 743,349
Net assets |  | 1,336,183 |  | 743,349
Capital and reserves |  |  |
Called up share capital |  | 1 |  | 1
Profit and loss account |  | 1,336,182 |  | 743,348
Shareholders' funds |  | 1,336,183 |  | 743,349
For the year ended 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These 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 to the Registrar of Companies. The financial statements were approved by the director on 04 October 2025 and were signed by:
------------------------------- Taymour Akhtar Director
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Stanworth Law Limited Notes to the Financial Statements For the year ended 31 December 2024
General Information Stanworth Law Limited is a private company, limited by shares, registered in England and Wales, registration number 13569157, registration address 39 Trafalgar Street, Burnley, BB11 1RA. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies 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 (as applied to small entities by Section 1A of the standard) Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Taxation Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment | 25 Straight Line
Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. | Average number of employees Average number of employees during the year was 23 (2023 : 12).
3. | Tangible fixed assets
Cost or valuation | Computer Equipment |  | Total
| £ |  | £
At 01 January 2024 | 1,595 |  | 1,595
Additions | 24,203 |  | 24,203
Disposals | - |  | -
At 31 December 2024 | 25,798 |  | 25,798
Depreciation
At 01 January 2024 | 770 |  | 770
Charge for year | 6,365 |  | 6,365
On disposals | - |  | -
At 31 December 2024 | 7,135 |  | 7,135
Net book values
Closing balance as at 31 December 2024 | 18,663 |  | 18,663
Opening balance as at 01 January 2024 | 825 |  | 825
4. | Stocks and Work in progress
| 2024 £ |  | 2023 £
--- | --- | --- | ---
Work in Progress | 188,790 |  | 174,992
| 188,790 |  | 174,992
5. | Debtors: amounts falling due within one year
| 2024 £ |  | 2023 £
--- | --- | --- | ---
Other Debtors | 526,000 |  | 54,000
Directors' Current Accounts | 107,387 |  | 53,183
| 633,387 |  | 107,183
6. | Creditors: amount falling due within one year
| 2024 £ |  | 2023 £
--- | --- | --- | ---
Trade Creditors | 147,644 |  | 124,090
Corporation Tax | 229,634 |  | 255,563
Accrued Expenses | 1,440 |  | 900
VAT | 43,286 |  | 116,317
| 422,004 |  | 496,870
7. | Transaction with Director Included in other debtors is an amount of £107,387 (2013: £53,182) owed to the company by Mr. T Akhtar, the director of the company. This loan has been repaid after the year end.
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