1 April 2024 false No description of principal activity Taxfiler 2024.6 09485215 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09485215 2024-03-31 09485215 2024-04-01 2025-03-31 09485215 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 09485215 business:FilletedAccounts 2024-04-01 2025-03-31 09485215 2025-03-31 09485215 2024-03-31 09485215 core:WithinOneYear 2025-03-31 09485215 core:WithinOneYear 2024-03-31 09485215 core:AfterOneYear 2025-03-31 09485215 core:AfterOneYear 2024-03-31 09485215 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 09485215 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 09485215 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 09485215 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 09485215 core:PreviouslyStatedAmount 2025-03-31 09485215 core:PreviouslyStatedAmount 2024-03-31 09485215 business:SmallEntities 2024-04-01 2025-03-31 09485215 business:Director1 2024-04-01 2025-03-31 09485215 countries:EnglandWales 2024-04-01 2025-03-31 09485215 business:RegisteredOffice 2024-04-01 2025-03-31 09485215 core:FurnitureFittings 2024-04-01 2025-03-31 09485215 core:ComputerEquipment 2024-04-01 2025-03-31 09485215 core:PlantMachinery 2024-03-31 09485215 core:ComputerEquipment 2024-03-31 09485215 core:PlantMachinery 2024-04-01 2025-03-31 09485215 core:PlantMachinery 2025-03-31 09485215 core:ComputerEquipment 2025-03-31 09485215 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09485215 (England and Wales)
5 Legal Limited Unaudited accounts for the year ended 31 March 2025
5 Legal Limited Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
5 Legal Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,531
2,644
Current assets
Debtors
5
100,044
246,589
Cash at bank and in hand
7,525
12,897
107,569
259,486
Creditors: amounts falling due within one year
6
(81,638)
(227,415)
Net current assets
25,931
32,071
Total assets less current liabilities
28,462
34,715
Creditors: amounts falling due after more than one year
7
(28,377)
(15,449)
Net assets
85
19,266
Capital and reserves
Called up share capital
10
10
Profit and loss account
75
19,256
Shareholders' funds
85
19,266
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 13 November 2025 and were signed on its behalf by
Matthew Leach Director Company Registration No. 09485215
- 3 -
5 Legal Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
5 Legal Limited is a private company, limited by shares, registered in England and Wales, registration number 09485215. The registered office is Unit 20, Yarrow Mill, Yarrow Road, Chorley, Lancashire, PR6 0LP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% Reducing Balance
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
4,566
2,116
6,682
Additions
-
1,166
1,166
At 31 March 2025
4,566
3,282
7,848
Depreciation
At 1 April 2024
3,333
705
4,038
Charge for the year
185
1,094
1,279
At 31 March 2025
3,518
1,799
5,317
Net book value
At 31 March 2025
1,048
1,483
2,531
At 31 March 2024
1,233
1,411
2,644
- 4 -
5 Legal Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
-
250
Other debtors
100,044
246,339
100,044
246,589
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,966
903
Trade creditors
583
32,534
Taxes and social security
75,210
103,756
Other creditors
2,879
4,972
Deferred income
-
85,250
81,638
227,415
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
12,061
15,449
Other creditors
16,316
-
28,377
15,449
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 5 -