Company Registration No. 08381902 (England and Wales)
Lei Dat & Baig Solicitors Ltd
Unaudited accounts
for the year ended 31 July 2025
Lei Dat & Baig Solicitors Ltd
Statement of financial position
as at 31 July 2025
Intangible assets
4,000
4,500
Tangible assets
137,042
136,742
Cash at bank and in hand
1,398,582
6,536
Creditors: amounts falling due within one year
(1,870,349)
(160,889)
Net current liabilities
(190,499)
(154,353)
Total assets less current liabilities
(49,457)
(13,111)
Provisions for liabilities
Net liabilities
(49,556)
(13,442)
Called up share capital
210
210
Profit and loss account
(49,766)
(13,652)
Shareholders' funds
(49,556)
(13,442)
For the 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. 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 17 December 2025 and were signed on its behalf by
Mr Naeem Baig
Director
Company Registration No. 08381902
Lei Dat & Baig Solicitors Ltd
Notes to the Accounts
for the year ended 31 July 2025
Lei Dat & Baig Solicitors Ltd is a private company, limited by shares, registered in England and Wales, registration number 08381902. The registered office is Renshaw House 1st Floor, 56-58 Renshaw Street, Liverpool, L1 4EN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of twenty years.
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
25% on cost.
Computer equipment
25% on cost.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Lei Dat & Baig Solicitors Ltd
Notes to the Accounts
for the year ended 31 July 2025
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 36 (2024: 36).