CONNAUGHT LAW LIMITED


CONNAUGHT LAW LIMITED

Company Registration Number:
10595036 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2021

Period of accounts

Start date: 01 May 2020

End date: 30 April 2021

CONNAUGHT LAW LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2021

Balance sheet
Notes

CONNAUGHT LAW LIMITED

Balance sheet

As at 30 April 2021


Notes

2021

2020


£

£
Fixed assets
Tangible assets: 3 133,565 62,967
Total fixed assets: 133,565 62,967
Current assets
Stocks: 69,800 33,500
Debtors:   144,053 134,754
Cash at bank and in hand: 163,251 210,548
Total current assets: 377,104 378,802
Creditors: amounts falling due within one year:   (294,380) (188,592)
Net current assets (liabilities): 82,724 190,210
Total assets less current liabilities: 216,289 253,177
Creditors: amounts falling due after more than one year:   (199,645) (250,000)
Total net assets (liabilities): 16,644 3,177
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 15,644 2,177
Shareholders funds: 16,644 3,177

The notes form part of these financial statements

CONNAUGHT LAW LIMITED

Balance sheet statements

For the year ending 30 April 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2022
and signed on behalf of the board by:

Name: Nauman Javid
Status: Director

The notes form part of these financial statements

CONNAUGHT LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Company policy to depreciate 10% on written down value.Furniture, fixture and fittings 10% on WDV

CONNAUGHT LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

2. Employees

2021 2020
Average number of employees during the period 16 19

CONNAUGHT LAW LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2021

3. Tangible Assets

Total
Cost £
At 01 May 2020 73,208
Additions 83,318
At 30 April 2021 156,526
Depreciation
At 01 May 2020 10,241
Charge for year 12,720
At 30 April 2021 22,961
Net book value
At 30 April 2021 133,565
At 30 April 2020 62,967