Fenchurch Law Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08958097 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2026

for

Fenchurch Law Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D D F Pryce

J C Grant

T V Pryce

S Revell

J I Corman

D Robin

REGISTERED OFFICE:

40 Lime Street

London

EC3M 7AW

REGISTERED NUMBER:

08958097 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

32,938

81,234

Investments

6

1

32,939

81,235

CURRENT ASSETS

Debtors

7

1,325,069

846,221

Cash at bank

340,224

294,338

1,665,293

1,140,559

CREDITORS

Amounts falling due within one year

8

(1,259,247

)

(990,451

)

NET CURRENT ASSETS

406,046

150,108

TOTAL ASSETS LESS CURRENT LIABILITIES

438,985

231,343

PROVISIONS FOR LIABILITIES

(8,235

)

(20,222

)

NET ASSETS

430,750

211,121

CAPITAL AND RESERVES

Called up share capital

147

Share premium

22,787

Retained earnings

407,816

188,187

SHAREHOLDERS' FUNDS

430,750

211,121

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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 11 August 2026 and were signed on its behalf by:

D D F Pryce - Director

1.	STATUTORY INFORMATION

Fenchurch Law 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.

Preparation of consolidated financial statements

The financial statements contain information about Fenchurch Law Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company's key source of estimation uncertainty relates to the expected useful life of its fixed assets.

Turnover

Turnover represents management fees receivable for provision of services to the group. Turnover is recognised as the services are provided and the right to consideration is earned. Turnover excludes Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Improvements to property

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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.

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.

Eot contributions

Funding provided by way of gifts to the company's employee ownership trust ("EOT") are accounted for as distributions from retained profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2025

and 30 April 2026

200,000

AMORTISATION

At 1 May 2025

and 30 April 2026

200,000

NET BOOK VALUE

At 30 April 2026

-

At 30 April 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2025

and 30 April 2026

466,886

DEPRECIATION

At 1 May 2025

385,652

Charge for year

48,296

At 30 April 2026

433,948

NET BOOK VALUE

At 30 April 2026

32,938

At 30 April 2025

81,234

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 May 2025

and 30 April 2026

1

NET BOOK VALUE

At 30 April 2026

1

At 30 April 2025

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade debtors

751,290

394,042

Amounts owed by group undertakings

259,761

196,413

Other debtors

314,018

255,766

1,325,069

846,221

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

Trade creditors

7,932

5,124

Amounts owed to group undertakings

942,574

698,945

Taxation and social security

176,410

143,140

Other creditors

132,331

143,242

1,259,247

990,451

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.26

30.4.25

£

Within one year

227,414

190,149

Between one and five years

595,581

822,995

1,013,144

10.	RELATED PARTY DISCLOSURES

During the year the company provided funding by way of gifts totalling £477,437 (2025: £481,517) to the Fenchurch Law Employee Ownership Trust which has a majority ownership of the company.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Fenchurch Law (EOT) Limited, a company registered in England & Wales, in its capacity as sole trustee of the Fenchurch Law Employee Ownership Trust which owns a majority of the share capital of the company.