REGISTERED NUMBER: 06649868 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

W LEGAL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr E M Shear

Mr N H Kushner

REGISTERED OFFICE:

47 Red Lion Street

London

WC1R 4PF

REGISTERED NUMBER:

06649868 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

13,039

17,068

CURRENT ASSETS

Debtors

5

856,339

1,211,531

Cash at bank and in hand

1,508,212

1,565,153

2,364,551

2,776,684

CREDITORS

Amounts falling due within one year

6

2,241,383

2,473,442

NET CURRENT ASSETS

123,168

303,242

TOTAL ASSETS LESS CURRENT LIABILITIES

136,207

320,310

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

136,197

320,300

SHAREHOLDERS' FUNDS

136,207

320,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 profit or loss 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 29 May 2026 and were signed on its behalf by:

Mr E M Shear - Director

1.	STATUTORY INFORMATION

W Legal Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents the net invoiced sales of services and goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

29,768

27,819

57,587

Additions

1,385

3,170

4,555

At 31 August 2025

31,153

30,989

62,142

DEPRECIATION

At 1 September 2024

24,176

16,343

40,519

Charge for year

1,485

7,099

8,584

At 31 August 2025

25,661

23,442

49,103

NET BOOK VALUE

At 31 August 2025

5,492

7,547

13,039

At 31 August 2024

5,592

11,476

17,068

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

518,548

1,029,686

Other debtors

46,332

46,273

LS Consulting (UK) Limited

103,039

-

VAT

-

14,702

Prepayments and accrued income

188,420

120,870

856,339

1,211,531

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

515,949

381,385

Tax

165,015

147,801

Social security and other taxes

22,954

20,959

VAT

45,711

-

Other creditors

4,400

2,538

Other creditors - Client Acc

1,023,349

697,034

Accruals and deferred income

464,005

1,223,725

2,241,383

2,473,442

7.	RELATED PARTY DISCLOSURES

As at the balance sheet date, included in debtors due within one year is £103,039 (2024: £nil), due and

payable to W Legal Limited, a company under common control and directorship.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr N H Kushner.