REGISTERED NUMBER: 11866392 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Founders Law Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Bohills

Mrs E Bohills

G E Kennaugh

REGISTERED OFFICE:

1 Temple Avenue

Hamilton House

London

EC4Y 0HA

REGISTERED NUMBER:

11866392 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

Chartered Accountants

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

FIXED ASSETS

Intangible assets

4

19,687

-

Tangible assets

5

7,845

10,470

Investments

6

35,721

-

63,253

10,470

CURRENT ASSETS

Debtors

7

777,745

707,361

Cash at bank

112,475

182,149

890,220

889,510

CREDITORS

Amounts falling due within one year

8

666,101

570,393

NET CURRENT ASSETS

224,119

319,117

TOTAL ASSETS LESS CURRENT LIABILITIES

287,372

329,587

PROVISIONS FOR LIABILITIES

1,961

2,616

NET ASSETS

285,411

326,971

CAPITAL AND RESERVES

Called up share capital

3

3

Share premium

199,999

199,999

Retained earnings

85,409

126,969

285,411

326,971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

T Bohills - Director

1.	STATUTORY INFORMATION

Founders Law Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

24,609

At 31 March 2025

24,609

AMORTISATION

Charge for year

4,922

At 31 March 2025

4,922

NET BOOK VALUE

At 31 March 2025

19,687

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,882

11,156

18,646

31,684

Additions

3,083

-

355

3,438

At 31 March 2025

4,965

11,156

19,001

35,122

DEPRECIATION

At 1 April 2024

1,010

5,329

14,875

21,214

Charge for year

989

1,457

3,617

6,063

At 31 March 2025

1,999

6,786

18,492

27,277

NET BOOK VALUE

At 31 March 2025

2,966

4,370

509

7,845

At 31 March 2024

872

5,827

3,771

10,470

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

35,721

At 31 March 2025

35,721

NET BOOK VALUE

At 31 March 2025

35,721

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

352,448

465,097

Other debtors

425,297

242,264

777,745

707,361

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

258,915

151,617

Taxation and social security

338,551

268,274

Other creditors

68,635

150,502

666,101

570,393

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

96,120

92,691

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £144,000 (2024 - £148,968) were paid to the directors .