Company registration number 10725076 (England and Wales)
NEW SOUTH LAW LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
NEW SOUTH LAW LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
NEW SOUTH LAW LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF NEW SOUTH LAW LIMITED FOR THE YEAR ENDED 30 APRIL 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of New South Law Limited for the year ended 30 April 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of New South Law Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of New South Law Limited and state those matters that we have agreed to state to the b oard of d irectors of New South Law Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than New South Law Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that New South Law Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of New South Law Limited. You consider that New South Law Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of New South Law Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Carpenter Box
5 November 2025
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
NEW SOUTH LAW LIMITED
BALANCE SHEET
AS AT
30 APRIL 2025
30 April 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
3,429
4,344
Tangible assets
4
20,773
7,798
24,202
12,142
Current assets
Debtors
5
120,282
246,093
Cash at bank and in hand
972,208
536,162
1,092,490
782,255
Creditors: amounts falling due within one year
6
(400,183)
(413,441)
Net current assets
692,307
368,814
Total assets less current liabilities
716,509
380,956
Provisions for liabilities
(4,800)
(1,733)
Net assets
711,709
379,223
Capital and reserves
Called up share capital
7
96
102
Capital redemption reserve
10
-
0
Profit and loss reserves
711,603
379,121
Total equity
711,709
379,223

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

NEW SOUTH LAW LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2025
30 April 2025
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 5 November 2025 and are signed on its behalf by:
Mr B R D Parslow
Director
Company registration number 10725076 (England and Wales)
NEW SOUTH LAW LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
- 4 -
1
Accounting policies
Company information

New South Law Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 4, Anchor Springs, Duke Street, Littlehampton, West Sussex, BN17 6BP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered relevant information, including the company’s principal risks and uncertainties true and the impact of subsequent events in making their assessment. Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements.

1.3
Turnover

Turnover represents income receivable under contracts for professional services.

Turnover is recognised at the fair value of the consideration receivable for services provided in the normal course of business, and is shown net of VAT.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer software
20% per annum on a straight line basis
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

NEW SOUTH LAW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 5 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
20% per annum on a straight line basis
Computers
20% per annum on a straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

NEW SOUTH LAW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
1
Accounting policies
(Continued)
- 6 -
1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 13 (2024 - 9).

3
Intangible fixed assets
Computer software
£
Cost
At 1 May 2024 and 30 April 2025
4,573
Amortisation and impairment
At 1 May 2024
229
Amortisation charged for the year
915
At 30 April 2025
1,144
Carrying amount
At 30 April 2025
3,429
At 30 April 2024
4,344

NEW SOUTH LAW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
- 7 -
4
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 May 2024
2,896
12,711
15,607
Additions
12,468
6,002
18,470
Disposals
-
0
(775)
(775)
At 30 April 2025
15,364
17,938
33,302
Depreciation and impairment
At 1 May 2024
1,811
5,998
7,809
Depreciation charged in the year
2,325
2,588
4,913
Eliminated in respect of disposals
-
0
(193)
(193)
At 30 April 2025
4,136
8,393
12,529
Carrying amount
At 30 April 2025
11,228
9,545
20,773
At 30 April 2024
1,085
6,713
7,798
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
60,979
-
0
Other debtors
59,303
246,093
120,282
246,093
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
26,275
70,276
Taxation and social security
284,456
87,210
Other creditors
89,452
255,955
400,183
413,441
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
96
102
96
102
NEW SOUTH LAW LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2025
7
Called up share capital
(Continued)
- 8 -

During the year the company issued 4 Ordinary shares of £1 each and the company bought back 10 Ordinary shares of £1 each.

8
Operating lease commitments
Lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
15,499
-
2025-04-30 2024-05-01 false false false 05 November 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr M J Coyne Mr P A O'Donnell Mr B R D Parslow Mr J R Kinigston Mr G Roberts Mr V K Mehan Ms D A Clark 13 9 10725076 2024-05-01 2025-04-30 10725076 2025-04-30 10725076 2024-04-30 10725076 core:ComputerSoftware 2025-04-30 10725076 core:ComputerSoftware 2024-04-30 10725076 core:FurnitureFittings 2025-04-30 10725076 core:ComputerEquipment 2025-04-30 10725076 core:FurnitureFittings 2024-04-30 10725076 core:ComputerEquipment 2024-04-30 10725076 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 10725076 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 10725076 core:CurrentFinancialInstruments 2025-04-30 10725076 core:CurrentFinancialInstruments 2024-04-30 10725076 core:ShareCapital 2025-04-30 10725076 core:ShareCapital 2024-04-30 10725076 core:CapitalRedemptionReserve 2025-04-30 10725076 core:CapitalRedemptionReserve 2024-04-30 10725076 core:RetainedEarningsAccumulatedLosses 2025-04-30 10725076 core:RetainedEarningsAccumulatedLosses 2024-04-30 10725076 core:ShareCapitalOrdinaryShareClass1 2025-04-30 10725076 core:ShareCapitalOrdinaryShareClass1 2024-04-30 10725076 bus:Director3 2024-05-01 2025-04-30 10725076 core:ComputerSoftware 2024-05-01 2025-04-30 10725076 core:FurnitureFittings 2024-05-01 2025-04-30 10725076 core:ComputerEquipment 2024-05-01 2025-04-30 10725076 core:ComputerSoftware 2024-04-30 10725076 core:FurnitureFittings 2024-04-30 10725076 core:ComputerEquipment 2024-04-30 10725076 2024-04-30 10725076 core:WithinOneYear 2025-04-30 10725076 core:WithinOneYear 2024-04-30 10725076 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 10725076 bus:OrdinaryShareClass1 2025-04-30 10725076 bus:OrdinaryShareClass1 2024-04-30 10725076 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 10725076 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 10725076 bus:FRS102 2024-05-01 2025-04-30 10725076 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 10725076 bus:Director1 2024-05-01 2025-04-30 10725076 bus:Director2 2024-05-01 2025-04-30 10725076 bus:Director4 2024-05-01 2025-04-30 10725076 bus:Director5 2024-05-01 2025-04-30 10725076 bus:Director6 2024-05-01 2025-04-30 10725076 bus:CompanySecretary1 2024-05-01 2025-04-30 10725076 bus:FullAccounts 2024-05-01 2025-04-30 10725076 2023-05-01 2024-04-30 xbrli:pure xbrli:shares iso4217:GBP