Haider Solicitors Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06259847 (England and Wales)

Financial Statements for the Year Ended 31 March 2023

for

Haider Solicitors Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

Mr I Ahmed

Registered office:

Carlton House

4 Carlton Street

Halifax

West Yorkshire

HX1 2AL

Registered number:

06259847 (England and Wales)

Accountant:

CWP Accountants & Tax Advisors

No.1 Spinningfields

Manchester

M3 3EB

Fixed assets

Intangible assets

4

188,000

199,750

Tangible assets

5

8,465

10,239

196,465

209,989

Current assets

Debtors

6

179,842

182,717

Cash at bank and in hand

60,012

59,701

239,854

242,418

Creditors

Amounts falling due within one year

7

112,441

83,377

Net current assets

127,413

159,041

Total assets less current liabilities

323,878

369,030

Creditors

Amounts falling due after more than one year

8

31,667

41,669

Net assets

292,211

327,361

Capital and reserves

Called up share capital

100

100

Retained earnings

292,111

327,261

Shareholders' funds

292,211

327,361

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 January 2024 and were signed by:

Mr I Ahmed - Director

1.	Statutory information

Haider Solicitors Ltd 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.

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.

Turnover

Turnover represents amounts chargeable to clients for professional services provided. Turnover is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, excluding

disbursements and Value Added Tax.

Turnover in respect of non-contingent fee engagement is recognised when a right to consideration has been

obtained through performance under each contract. Consideration accrues as contract activity progresses by reference to the value of the work performed.

Turnover in respect of contingent fee engagement is recognised when the relevant conditions are satisfied and recoverability of the fee is considered to be reasonably certain.

Unbilled work which meets the recognition terms above is shown as Amounts recoverable on contracts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty 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 each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

FF & equipment

-

20% on reducing balance

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.

3.	Employees and directors

The average number of employees during the year was 6 (2022 - 4 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2022

and 31 March 2023

235,000

Amortisation

At 1 April 2022

35,250

Amortisation for year

11,750

At 31 March 2023

47,000

Net book value

At 31 March 2023

188,000

At 31 March 2022

199,750

5.	Tangible fixed assets

Plant and

FF &

machinery

equipment

Totals

£

£

£

Cost

At 1 April 2022

13,870

26,543

40,413

Additions

282

60

342

At 31 March 2023

14,152

26,603

40,755

Depreciation

At 1 April 2022

6,768

23,406

30,174

Charge for year

1,477

639

2,116

At 31 March 2023

8,245

24,045

32,290

Net book value

At 31 March 2023

5,907

2,558

8,465

At 31 March 2022

7,102

3,137

10,239

6.

Debtors: amounts falling due within one year

31.3.23

31.3.22

£

£

Amounts recoverable on

longterm contracts

144,850

139,350

Other debtors

34,992

43,367

179,842

182,717

7.

Creditors: amounts falling due within one year

31.3.23

31.3.22

£

£

Bank loans and overdrafts

24,431

-

Taxation and social security

4,836

11,338

Other creditors

83,174

72,039

112,441

83,377

8.

Creditors: amounts falling due after more than one year

31.3.23

31.3.22

£

£

Bank loans

31,667

41,669