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Company Registration No. 14674904 (England and Wales)
Legaltechtalk Ltd Unaudited accounts for the year ended 28 February 2025
Legaltechtalk Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Legaltechtalk Ltd Company Information for the year ended 28 February 2025
Directors
Bradley Collins Mikkel Jenson
Company Number
14674904 (England and Wales)
Registered Office
Parliament House Apartments 81 Black Prince Road Flat 89 London SE1 7ET England
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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Legaltechtalk Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,398
2,759
Current assets
Debtors
5
1,080,319
306,291
Cash at bank and in hand
910,512
61,874
1,990,831
368,165
Creditors: amounts falling due within one year
6
(2,530,540)
(434,533)
Net current liabilities
(539,709)
(66,368)
Total assets less current liabilities
(534,311)
(63,609)
Creditors: amounts falling due after more than one year
7
(25,001)
(25,001)
Net liabilities
(559,312)
(88,610)
Capital and reserves
Called up share capital
104
104
Share premium
74,996
74,996
Capital contribution reserve
(44)
-
Profit and loss account
(634,368)
(163,710)
Shareholders' funds
(559,312)
(88,610)
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 16 February 2026 and were signed on its behalf by
Mikkel Jenson Director Company Registration No. 14674904
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Legaltechtalk Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Legaltechtalk Ltd is a private company, limited by shares, registered in England and Wales, registration number 14674904. The registered office is Parliament House Apartments, 81 Black Prince Road, Flat 89, London, SE1 7ET, 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:
Plant & machinery
Reducing balance- 25%
Going concern
At the year end there are net liabilities. The going concern policy has still be applied, as the director is satisfied this applies. The company is being financially supported, by way of external investment.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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Legaltechtalk Ltd Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 March 2024
2,921
Additions
3,523
At 28 February 2025
6,444
Depreciation
At 1 March 2024
162
Charge for the year
884
At 28 February 2025
1,046
Net book value
At 28 February 2025
5,398
At 29 February 2024
2,759
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
309,923
113,262
Deferred tax asset
200,520
-
Accrued income and prepayments
569,819
193,029
Other debtors
57
-
1,080,319
306,291
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
65,047
50,059
Trade creditors
523,731
16,837
Taxes and social security
72,794
15,867
Other creditors
-
(217)
Loans from directors
4,714
14,657
Deferred income
1,864,254
337,330
2,530,540
434,533
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
25,001
25,001
8
Average number of employees
During the year the average number of employees was 7 (2024: 7).
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