Warwick Legal Network Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07104157

Warwick Legal Network Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

31 December 2025

Warwick Legal Network Limited

Company Limited by Guarantee

Financial Statements

Year ended 31 December 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Warwick Legal Network Limited

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025		2024
Note	€	€	€

Fixed assets

Intangible assets	6	5,390	–
Tangible assets	7	–	283
		-------	----
		5,390	283

Current assets

Debtors	8	45,791	23,095
Cash at bank and in hand		157,039	195,962
		---------	---------
		202,830	219,057

Creditors: amounts falling due within one year	9	9,913		5,956
		---------		---------
Net current assets			192,917	213,101
			---------	---------
Total assets less current liabilities			198,307	213,384
			---------	---------
Net assets			198,307	213,384
			---------	---------

Capital and reserves

Other reserves	48,099	48,099
Profit and loss account	150,208	165,285
	---------	---------
Members funds	198,307	213,384
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Warwick Legal Network Limited

Company Limited by Guarantee

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 7 May 2026 , and are signed on behalf of the board by:

R M Whitmeyer

Director

Company registration number: 07104157

Warwick Legal Network Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in euros, which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis which relies upon the continuing support of the directors.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover represents subscriptions and contributions to member conferences receivable from member firms.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Website Development	-	33% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Company limited by guarantee

The company is a private company limited by guarantee and consequently does not have a share capital. The liability of each member is limited to £1, being the amount each member undertakes to contribute to the assets of the company in the event of it being wound up while he or she is a member or within one year after ceasing to be a member.

5. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 7 ).

6. Intangible assets

	Development costs
	€
Cost
Additions	5,707
	-------
At 31 December 2025	5,707
	-------
Amortisation
Charge for the year	317
	-------
At 31 December 2025	317
	-------
Carrying amount
At 31 December 2025	5,390
	-------
At 31 December 2024	–
	-------

7. Tangible assets

	Equipment	Total
	€	€
Cost
At 1 January 2025 and 31 December 2025	2,334	2,334
	-------	-------
Depreciation
At 1 January 2025	2,051	2,051
Charge for the year	283	283
	-------	-------
At 31 December 2025	2,334	2,334
	-------	-------
Carrying amount
At 31 December 2025	–	–
	-------	-------
At 31 December 2024	283	283
	-------	-------

8. Debtors

	2025	2024
	€	€
Trade debtors	29,556	15,806
Other debtors	16,235	7,289
	--------	--------
	45,791	23,095
	--------	--------

9. Creditors: amounts falling due within one year

	2025	2024
	€	€
Trade creditors	1,056	1,227
Social security and other taxes	–	707
Other creditors	8,857	4,022
	-------	-------
	9,913	5,956
	-------	-------