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REGISTERED NUMBER: SC370502 (Scotland)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

JOHN RODDICK & SON (SOLICITORS) LTD

JOHN RODDICK & SON (SOLICITORS) LTD (REGISTERED NUMBER: SC370502)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOHN RODDICK & SON (SOLICITORS) LTD

COMPANY INFORMATION
for the Year Ended 28th February 2023







DIRECTOR: A I Beckett





SECRETARY:





REGISTERED OFFICE: Royal Bank Buildings
52 High Street
Annan
Dumfriesshire
DG12 6AL





REGISTERED NUMBER: SC370502 (Scotland)





ACCOUNTANTS: DCB Accountants Limited
Compton House
104 Scotland Road
Penrith
Cumbria
CA11 7NR

JOHN RODDICK & SON (SOLICITORS) LTD (REGISTERED NUMBER: SC370502)

BALANCE SHEET
28th February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 24,254 24,254

CURRENT ASSETS
Stocks 12,000 12,000
Debtors 5 461,997 431,978
Cash at bank 1,616,405 1,719,010
2,090,402 2,162,988
CREDITORS
Amounts falling due within one year 6 1,867,466 2,121,087
NET CURRENT ASSETS 222,936 41,901
TOTAL ASSETS LESS CURRENT
LIABILITIES

247,190

66,155

CREDITORS
Amounts falling due after more than one
year

7

101,121

-
NET ASSETS 146,069 66,155

CAPITAL AND RESERVES
Called up share capital 8 100 100
Incorporation reserve 9 13,147 13,147
Retained earnings 9 132,822 52,908
SHAREHOLDERS' FUNDS 146,069 66,155

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

JOHN RODDICK & SON (SOLICITORS) LTD (REGISTERED NUMBER: SC370502)

BALANCE SHEET - continued
28th February 2023


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 10th November 2023 and were signed by:





A I Beckett - Director


JOHN RODDICK & SON (SOLICITORS) LTD (REGISTERED NUMBER: SC370502)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2023

1. STATUTORY INFORMATION

John Roddick & Son (Solicitors) Ltd is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
28.2.23 28.2.22
£    £   
Cost brought forward 24,254 24,254

JOHN RODDICK & SON (SOLICITORS) LTD (REGISTERED NUMBER: SC370502)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
J R & S loan account 383,961 337,208
Prepayments 4,400 4,891
Loan Interest 73,636 89,879
461,997 431,978

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 305 1,150
Hire purchase contracts 213,214 364,026
Trade creditors 3,565 4,134
Client monies due 1,616,158 1,716,887
Tax 30,155 12,279
VAT 4,069 22,611
1,867,466 2,121,087

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Hire purchase contracts 101,121 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained Incorporation
earnings reserve Totals
£    £    £   

At 1st March 2022 52,908 13,147 66,055
Profit for the year 128,555 128,555
Dividends (48,641 ) (48,641 )
At 28th February 2023 132,822 13,147 145,969