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Registered number: 10005466
Preston Legal Services Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 March 2024 to 31 March 2025
Morris Wheeler & Co Limited
1 Pond Lane
Bentfield Road
Stansted
Essex
CM24 8JG
Preston Legal Services Limited
Contents
Contents

| Page
--- | ---
Abridged Balance Sheet | 1—2
Notes to the Abridged Financial Statements | 3—4

Page 1
Preston Legal Services Limited
Abridged Balance Sheet
As At 31 March 2025
Abridged Balance Sheet
Registered number: 10005466

| 31 March 2025 | 29 February 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 950 |  | 395
|  |  | 950 |  | 395
CURRENT ASSETS
Debtors |  | 411 |  | 87 |
Cash at bank and in hand |  | 10,689 |  | 12,001 |
|  | 11,100 |  | 12,088 |
Creditors: Amounts Falling Due Within One Year |  | (4,326 ) |  | (4,924 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 6,774 |  | 7,164
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 7,724 |  | 7,559
NET ASSETS |  |  | 7,724 |  | 7,559
CAPITAL AND RESERVES
Called up share capital | 5 |  | 100 |  | 100
Profit and Loss Account |  |  | 7,624 |  | 7,459
SHAREHOLDERS' FUNDS |  |  | 7,724 |  | 7,559

Page 1
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Preston Legal Services Limited
Abridged Balance Sheet (continued)
As At 31 March 2025
For the period 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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Martin Preston Director
13/06/2025

The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Preston Legal Services Limited
Notes to the Abridged Financial Statements
For the Period 1 March 2024 to 31 March 2025
Notes to the Abridged Financial Statements
1. General Information
Preston Legal Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10005466 . The registered office is 1 Pond Lane, Bentfield Road, Stansted, Essex, CM24 8JG.
The presentation currency of the financial statements is in Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment | 20% cost

2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2024: 1)
1 1
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Preston Legal Services Limited
Notes to the Abridged Financial Statements (continued)
For the Period 1 March 2024 to 31 March 2025
4. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 March 2024 | 4,007
Additions | 1,047
As at 31 March 2025 | 5,054
Depreciation
As at 1 March 2024 | 3,612
Provided during the period | 492
As at 31 March 2025 | 4,104
Net Book Value
As at 31 March 2025 | 950
As at 1 March 2024 | 395

5. Share Capital

| 31 March 2025 |  | 29 February 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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