North Square Barristers Chambers Limited

North Square Barristers Chambers Limited
Statement of Financial Position
As at 30 April 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	738	1,046
		738	1,046
Current assets
Debtors		5,652	642
Cash at bank and in hand		957	5,117
		6,609	5,759
Creditors: amount falling due within one year		(4,827)	(3,083)
Net current assets		1,782	2,676

Total assets less current liabilities		2,520	3,722
Creditors: amount falling due after more than one year		(2,331)	-
Provisions for liabilities		(140)	(199)
Net assets		49	3,523

Capital and reserves
Called up share capital	4	1	1
Profit and loss account		48	3,522
Shareholders' funds		49	3,523

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 13 October 2026 and were signed by:

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Morgan Everard Read
Director

North Square Barristers Chambers Limited
Notes to the Abridged Financial Statements
For the year ended 30 April 2026

General Information

North Square Barristers Chambers Limited is a private company, limited by shares, registered in England and Wales, registration number 10139217, registration address 6 Friendly Street, Huddersfield, West Yorkshire, HD1 1RD.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Government grants

Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax.

The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Current and deferred tax assets and liabilities are not discounted.

Deferred taxation

Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Tangible fixed assets

Tangible fixed assets, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

25% SLM

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 May 2025	1,528	1,528
Additions	77	77
Disposals	-	-
At 30 April 2026	1,605	1,605
Depreciation
At 01 May 2025	482	482
Charge for year	385	385
On disposals	-	-
At 30 April 2026	867	867
Net book values
Closing balance as at 30 April 2026	738	738
Opening balance as at 01 May 2025	1,046	1,046

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
1 Class A share of £1.00 each	1		1
	1		1

5.	Director's advances, credit and guarantees Included within current assets is an amount owed by the director totalling £1,546.