Company Registration No. 13256275 (England and Wales)
POLARIS LAW LONDON LIMITED
Unaudited accounts
for the year ended 31 March 2025
POLARIS LAW LONDON LIMITED
Unaudited accounts
Contents
POLARIS LAW LONDON LIMITED
Company Information
for the year ended 31 March 2025
Company Number
13256275 (England and Wales)
Registered Office
158 High Street
New Malden
KT3 4ES
United Kingdom
Accountants
FURUICHOI & CO
Chartered Accountants
69 Station Road
Hampton
Greater London
TW12 2BT
POLARIS LAW LONDON LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
2,513
2,956
Cash at bank and in hand
1,412
9,901
Creditors: amounts falling due within one year
(17,307)
(10,242)
Net current assets
26,993
42,833
Total assets less current liabilities
29,506
45,789
Creditors: amounts falling due after more than one year
(9,282)
(103,829)
Net assets/(liabilities)
20,224
(58,040)
Called up share capital
100,000
1
Profit and loss account
(79,776)
(58,041)
Shareholders' funds
20,224
(58,040)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2025 and were signed on its behalf by
Mr JUNHWAN KIM
Director
Company Registration No. 13256275
POLARIS LAW LONDON LIMITED
Notes to the Accounts
for the year ended 31 March 2025
POLARIS LAW LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13256275. The registered office is 158 High Street, New Malden, KT3 4ES, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
15% reducing balance
Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
42,888
43,174
POLARIS LAW LONDON LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
6,249
-
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
9,282
103,829
By virtue of its relevant legal entity's 100% shareholding the immediate parent undertaking is POLARIS LAW FIRM (Registration Number: 490-86-00167), 11th Floor, 6 Samsung Building, 623 Teheran-ro, Gangnam-gu, Seoul, South Korea.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).