Registration number: 09961329

Paratus Law Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Paratus Law Limited

(Registration number: 09961329)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	652	1,077
Current assets
Debtors	5	317,326	131,303
Cash at bank and in hand		-	28
		317,326	131,331
Creditors: Amounts falling due within one year	6	(129,120)	(74,509)
Net current assets		188,206	56,822
Total assets less current liabilities		188,858	57,899
Creditors: Amounts falling due after more than one year	6	-	(9,375)
Net assets		188,858	48,524
Capital and reserves
Called up share capital		10,000	10,000
Retained earnings		178,858	38,524
Shareholders' funds		188,858	48,524

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 January 2026
 

......................................... SD Arthur Director

Paratus Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Oxford House
12-20 Oxford Street
Newbury
Berkshire
RG14 1JB
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	15% straight line basis
Fixtures and fittings	15% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Paratus Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Client Accounts

Client accounts compromise of money held on behalf of clients. At 30th June 2024 the company held monies totalling £7,960 (2023 - £100).

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Paratus Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 August 2024	1,542	4,520	6,062
At 31 July 2025	1,542	4,520	6,062
Depreciation
At 1 August 2024	1,280	3,705	4,985
Charge for the year	56	369	425
At 31 July 2025	1,336	4,074	5,410
Carrying amount
At 31 July 2025	206	446	652
At 31 July 2024	262	815	1,077

5

Debtors

Current	2025 £	2024 £
Trade debtors	8,341	7,200
Prepayments	1,240	966
Other debtors	307,745	123,137
	317,326	131,303

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	25,961	28,085
Taxation and social security		85,774	29,625
Other creditors		17,385	16,799
		129,120	74,509

Paratus Law Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025