Law Reports International Limited


LAW REPORTS INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2026



































Company Registration Number: 07604210

LAW REPORTS INTERNATIONAL LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the financial statements									4 to 10

LAW REPORTS INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2026


DIRECTORS

S Smith
S Snell


SECRETARY

S Snell


REGISTERED OFFICE

C9 Glyme Court
Oxford Office Village
Langford Lane
Kidlington
Oxford
OX5 1LQ


COMPANY REGISTRATION NUMBER

07604210 England and Wales

LAW REPORTS INTERNATIONAL LIMITED

BALANCE SHEET
AS AT 30 APRIL 2026


	Notes	2026		2025
		£		£

FIXED ASSETS
Intangible assets	5		5,005		6,005
Tangible assets	6		265,377		270,258


			270,382		276,263

CURRENT ASSETS
Debtors	7	72,957		82,843
Cash at bank and in hand		159,325		155,397


		232,282		238,240

CREDITORS: Amounts falling due within one year	8	160,534		137,776
CREDITORS: Amounts falling due within one year


NET CURRENT ASSETS			71,748		100,464


TOTAL ASSETS LESS CURRENT LIABILITIES			342,130		376,727

CREDITORS: Amounts falling due after more than one year	9		147,253		152,165
CREDITORS: Amounts falling due after more than one year

Provisions for liabilities and charges			1,371		1,258


NET ASSETS			193,506		223,304


CAPITAL AND RESERVES
Called up share capital			135		135
Distributable profit and loss account			193,371		223,169


SHAREHOLDERS' FUNDS			193,506		223,304

LAW REPORTS INTERNATIONAL LIMITED

BALANCE SHEET
AS AT 30 APRIL 2026


These accounts have been prepared and delivered in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

For the financial year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

As permitted by S444 (5A) of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company’s Profit and Loss Account or Directors Report.


Signed on behalf of the board of directors




S Smith						S Snell
Director						Director

Date approved by the board: 2 July 2026

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


1	GENERAL INFORMATION

	Law Reports International Limited is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business are:

	Registered office	Principal place of business
	C9 Glyme Court	The Old Gaol
	Oxford Office Village	1/23 Bridge Street
	Langford Lane	Abingdon
	Kidlington	OX14 3HN
	Oxford
	OX5 1LQ

	The financial statements are presented in Sterling, which is the functional currency of the company.

2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

	Basis of preparation of financial statements

	These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

	Revenue recognition

	Turnover is measured at the fair value of consideration received or receivable. It is recognised in respect of reporting services provided and royalties received during the year, stated net of trade discounts and value added tax.

	The company recognises revenue when the amount of revenue can be measured reliably and when it is probable that future economic benefits will flow to the entity.


	Intangible fixed assets

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. At acquisition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses.

	Goodwill amortisation is charged on a straight line basis so as to write off the cost of the asset, less its residual value assumed to be zero, over its useful economic life, which is estimated to be 20 years and 3 years respectively.

	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 expectations.

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Tangible fixed assets

	Fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

	Depreciation has been provided at the following rate so as to write off the cost or valuation of assets less residual value of the assets over their estimated useful lives.

	Computer equipment					Straight line basis at 25% per annum
	Buildings					Straight line basis at 2% per annum
	Office equipment					Straight line basis at 25% per annum

	On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in the profit and loss account, and included within administrative expenses.

	Financial Instruments

	A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

	The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

	Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through the profit and loss account.

	Basic financial assets and financial liabilities are initially recognised at transaction price and measured at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction. They are subsequently carried at their amortised cost using the effective interest rate method, less any provision for impairment. If the effect of the time value of money is immaterial, they are measured at cost less impairment.

	Basic financial assets and liabilities which are measured at cost or amortised cost are reviewed for objective impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account immediately.

	Any reversals of impairment are recognised in the profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset or liability which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.


	Financing transactions are measured at the present value of the future receipts discounted at a market rate of interest. They are subsequently measured at amortised costs using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Impairment of non-financial assets

	At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss account.

	If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the profit and loss account.


	Debtors

	Short term debtors are measured at transaction price, less any impairment.

	Creditors

	Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

	Leases

	Leases are classified as finance leases when they transfer substantially all the risks and rewards of ownership of the leased assets to the company. Other leases that do not transfer substantially all the risks and rewards of ownership of the leased assets to the company are classified as operating leases.

	Payments applicable to operating leases are charged against profit on a straight line basis over the lease term.

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


2	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued…)

	Taxation

	Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.

	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods based on current tax rates and laws. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 taxable profits.

	Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

	Current and deferred tax assets and liabilities are not discounted.

	Foreign currencies

	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction.

	Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated at the rate of exchange prevailing at that date. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit or loss.


3	CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

	No significant accounting estimates and judgements have had to be made by the directors in preparing these financial statements.

4	EMPLOYEES

	The average number of persons employed by the company (including directors) during the year was:

		2026	2025
	Average number of employees	2	2

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


5	INTANGIBLE FIXED ASSETS
			Goodwill	Website Development	Total
			£	£	£
	Cost
	At 1 May 2025		20,005	2,035	22,040


	At 30 April 2026		20,005	2,035	22,040


	Accumulated amounts written off
	At 1 May 2025		14,000	2,035	16,035

	Charge for year		1,000	-	1,000


	At 30 April 2026		15,000	2,035	17,035


	Net book value
	At 1 May 2025		6,005	-	6,005


	At 30 April 2026		5,005	-	5,005


6	TANGIBLE ASSETS
		Computer equipment	Buildings	Office equipment	Total
		£	£	£	£
	Cost
	At 1 May 2025	2,400	266,542	5,444	274,386

	Additions	2,350	-	-	2,350


	At 30 April 2026	4,750	266,542	5,444	276,736


	Accumulated depreciation and impairments
	At 1 May 2025	2,400	1,333	395	4,128

	Charge for year	539	5,331	1,361	7,231


	At 30 April 2026	2,939	6,664	1,756	11,359


	Net book value
	At 1 May 2025	-	265,209	5,049	270,258


	At 30 April 2026	1,811	259,878	3,688	265,377

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


7	DEBTORS
		2026	2025
		£	£
	Trade debtors	3,960	7,251
	Prepayments and accrued income	62,944	67,433
	Other debtors	6,053	8,159


		72,957	82,843


8	CREDITORS: Amounts falling due within one year
		2026	2025
		£	£
	Bank loans and overdrafts	18,000	25,749
	Trade creditors	28,553	17,371
	Taxation and social security	56,459	55,112
	Accruals and deferred income	57,522	39,519
	Other creditors	-	25


		160,534	137,776


9	CREDITORS: Amounts falling due after more than one year
		2026	2025
		£	£
	Bank loans and overdrafts	147,253	152,165


	Included in the amounts falling due after more than one year are the following amounts which are due in more
	than five years:
		2026	2025
		£	£
	Bank loans and overdrafts	75,253	77,246


10	SECURED DEBTS

	The company's bankers hold fixed and floating charges dated 15 November 2024 and 4 February 2025 over all the property of the company.

LAW REPORTS INTERNATIONAL LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026


11	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

	The following directors' advances, credits and guarantees took place during the year:

		Balance at 1 May 2025	Amounts advanced	Amounts repaid	Amounts written off or waived	Balance at 30 April 2026
		£	£	£	£	£
	S Smith	563	69,775	67,343	-	2,995
	S Snell	2,646	115,041	114,629	-	3,058


		3,209	184,816	181,972	-	6,053

	These advances are interest free and repayable on demand.

12	RELATED PARTY TRANSACTIONS

	During the year, the following transactions with related parties took place:

	E Smith
	Shareholder		2026	2025
			£	£
	Advances from shareholder	The shareholder has made advances to the company which are repayable on demand. No interest has been charged on these advances. At the year end, the company owed the shareholder the following amount:	-	25