REGISTERED NUMBER: 00009872 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

NOTTINGHAMSHIRE LAW SOCIETY

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L E Crow

S J Luke

J D Allen

A J Dennis

M D Dancer

SECRETARY:

K Meir

REGISTERED OFFICE:

11 Clarendon Street

Nottingham

Nottinghamshire

NG1 5HR

REGISTERED NUMBER:

00009872 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co. Ltd

Chartered Accountants

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

FIXED ASSETS

Intangible assets

4

2,226

4,811

Tangible assets

5

1,152

2,172

3,378

6,983

CURRENT ASSETS

Debtors

6

36,353

27,452

Cash at bank and in hand

81,095

109,869

117,448

137,321

CREDITORS

Amounts falling due within one year

7

54,833

59,540

NET CURRENT ASSETS

62,615

77,781

TOTAL ASSETS LESS CURRENT LIABILITIES

65,993

84,764

RESERVES

Income and expenditure account

65,993

84,764

65,993

84,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2026 and were signed on its behalf by:

J D Allen - Director

1.	STATUTORY INFORMATION

Nottinghamshire Law Society is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

Income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised in the period to which the subscription service, course or event relate. Income received in respect of subscription services, courses or events which relate to future periods is included within creditors.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Website

development

£

COST

At 1 April 2025

and 31 March 2026

12,924

AMORTISATION

At 1 April 2025

8,113

Amortisation for year

2,585

At 31 March 2026

10,698

NET BOOK VALUE

At 31 March 2026

2,226

At 31 March 2025

4,811

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

42,258

DEPRECIATION

At 1 April 2025

40,086

Charge for year

1,020

At 31 March 2026

41,106

NET BOOK VALUE

At 31 March 2026

1,152

At 31 March 2025

2,172

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

11,931

5,478

Prepayments

24,422

21,974

36,353

27,452

Prepayments include £2,073 (2025: £2,419) in relation to past president's medals. £1,728 of this value represents costs relating to periods of more than one year from the balance sheet date.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,082

12,600

Tax

628

-

Social security and other taxes

1,535

1,394

VAT

6,917

6,440

Accruals and deferred income

43,671

39,106

54,833

59,540

8.	GENERAL INFORMATION

Nottinghamshire Law Society is a company limited by guarantee, incorporated in England and Wales. Its registered office is at 11 Clarendon Street, Nottingham, NG1 5HR.