Legal And Financial Services Limited - Dormant accounts - members and to registrar (filleted) 24.3

REGISTERED NUMBER: 02548983

Unaudited Financial Statements for the Year Ended 31 March 2026

for

LEGAL AND FINANCIAL SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

J R Hall

Mrs J Hall

SECRETARY:

Company Secretaries Limited

REGISTERED OFFICE:

c/o Thorne Lancaster Parker

5th Floor, Palladium House

1-4 Argyll Street

London

W1F 7TA

REGISTERED NUMBER:

02548983

FIXED ASSETS

Property, plant and equipment

5

1,376

Investments

6

730,419

731,795

CURRENT ASSETS

Debtors

7

55,711

Cash at bank

10,738

66,449

CREDITORS

Amounts falling due within one year

8

(37,802

)

(37,802

)

NET CURRENT ASSETS

28,647

TOTAL ASSETS LESS CURRENT
LIABILITIES

760,442

CAPITAL AND RESERVES

Called up share capital

9

10

Retained earnings

10

760,432

SHAREHOLDERS' FUNDS

760,442

The company is entitled to exemption from audit under Section 480 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 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2026 and were signed on its behalf by:

J R Hall - Director

1.	STATUTORY INFORMATION

Legal And Financial Services Limited is a private company, limited by shares , registered in Not specified/Other. 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

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

Unquoted investments

Investment in unquoted companies is held at cost less accumulated impairment losses.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Financial instruments

The company has the following basic financial instruments.

Basic financial assets

Trade and other debtors, loans, cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period basic financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Basic financial assets are derecognised when (a) the contractual rights to the cash flows from the assets expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Basic financial liabilities

Other creditors, directors' current accounts and accruals are initially recognised at transaction price and subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities are derecognised when the contractual obligation is discharged, cancelled or expired.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 2 ).

5.	PROPERTY, PLANT AND EQUIPMENT

Computer

equipment

£

COST

At 1 April 2025

and 31 March 2026

4,859

DEPRECIATION

At 1 April 2025

and 31 March 2026

3,483

NET BOOK VALUE

At 31 March 2026

1,376

At 31 March 2025

1,376

6.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 April 2025

and 31 March 2026

730,419

NET BOOK VALUE

At 31 March 2026

730,419

At 31 March 2025

730,419

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Other debtors

18,050

Directors' loan accounts

37,661

55,711

The Director's prior year loan account balance was cleared via a dividend payment within 9 months the year.

The Director's current account balance was cleared within 9 months of the year end.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

3,000

Corporation tax

12,733

Social security and other taxes

1,356

Other creditors

19,147

Accruals and deferred income

1,566

37,802

Latymer Management Limited

A company under common control

In 2022 Latymer Management Limited lent the company £15,000. At 31 March 2026, the amount outstanding in respect of the above is £15,000 (2025: £15,000). The loan is an interest free loan and repayable on demand.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

10

Ordinary

1

10

10.

RESERVES

Retained

earnings

£

At 1 April 2025

760,432

Profit for the year

-

At 31 March 2026

760,432

11.	ULTIMATE CONTROLLING PARTY

The controlling party is J R Hall.