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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
 
 		 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:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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
1
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.
2