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Registered Number: 12585397
England and Wales

 

 

 

I A LAW LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Intangible fixed assets 3 5,549   
5,549   
Current assets      
Debtors 4 603,905    (14,046)
Cash at bank and in hand 423,163    816,094 
1,027,068    802,048 
Creditors: amount falling due within one year 5 (158,140)   (241,722)
Net current assets 868,928    560,326 
 
Total assets less current liabilities 874,477    560,326 
Net assets 874,477    560,326 
 

Capital and reserves
     
Called up share capital 10    10 
Profit and loss account 874,467    560,316 
Shareholders' funds 874,477    560,326 
 


For the year ended 31 March 2025 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 30 December 2025 and were signed by:


-------------------------------
I Ali
Director
1
General Information
I A Law Limited is a private company, limited by shares, registered in England and Wales, registration number 12585397, registration address McLaren Building, 46 The Priory Queensway, Birmingham, B4 7LR.

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 services supplied by the company, net of Value Added Tax.
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
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.

Average number of employees

Average number of employees during the year was 3 (2024 : 3).
3.

Intangible fixed assets

Cost Other intangible assets   Total
  £   £
At 01 April 2024  
Additions 6,166    6,166 
Disposals  
At 31 March 2025 6,166    6,166 
Amortisation
At 01 April 2024  
Charge for year 617    617 
On disposals  
At 31 March 2025 617    617 
Net book values
At 31 March 2025 5,549    5,549 
At 31 March 2024  


4.

Debtors: amounts falling due within one year

2025
£
  2024
£
Amount Owed by Related Undertakings 497,775   
Other Debtors 106,130    (14,046)
603,905    (14,046)

5.

Creditors: amount falling due within one year

2025
£
  2024
£
Taxation and Social Security 148,967    98,161 
Other Creditors 9,173    143,561 
158,140    241,722 

2