IRIS Accounts Production v24.3.0.553 SC370502 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3705022023-02-28SC3705022024-02-29SC3705022023-03-012024-02-29SC3705022022-02-28SC3705022022-03-012023-02-28SC3705022023-02-28SC370502ns15:Scotland2023-03-012024-02-29SC370502ns14:PoundSterling2023-03-012024-02-29SC370502ns10:Director12023-03-012024-02-29SC370502ns10:PrivateLimitedCompanyLtd2023-03-012024-02-29SC370502ns10:SmallEntities2023-03-012024-02-29SC370502ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-29SC370502ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-29SC370502ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-29SC370502ns10:FullAccounts2023-03-012024-02-29SC370502ns10:OrdinaryShareClass12023-03-012024-02-29SC370502ns10:CompanySecretary12023-03-012024-02-29SC370502ns10:RegisteredOffice2023-03-012024-02-29SC370502ns5:CurrentFinancialInstruments2024-02-29SC370502ns5:CurrentFinancialInstruments2023-02-28SC370502ns5:Non-currentFinancialInstruments2024-02-29SC370502ns5:Non-currentFinancialInstruments2023-02-28SC370502ns5:ShareCapital2024-02-29SC370502ns5:ShareCapital2023-02-28SC370502ns5:FurtherSpecificReserve1ComponentTotalEquity2024-02-29SC370502ns5:FurtherSpecificReserve1ComponentTotalEquity2023-02-28SC370502ns5:RetainedEarningsAccumulatedLosses2024-02-29SC370502ns5:RetainedEarningsAccumulatedLosses2023-02-28SC370502ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-29SC370502ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28SC370502ns10:OrdinaryShareClass12024-02-29SC370502ns5:RetainedEarningsAccumulatedLosses2023-02-28SC370502ns5:FurtherSpecificReserve1ComponentTotalEquity2023-02-28SC370502ns5:RetainedEarningsAccumulatedLosses2023-03-012024-02-29
REGISTERED NUMBER: SC370502 (Scotland)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

JOHN RODDICK & SON (SOLICITORS) LTD

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






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JOHN RODDICK & SON (SOLICITORS) LTD

COMPANY INFORMATION
for the Year Ended 29th February 2024







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
29th February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 24,254 24,254

CURRENT ASSETS
Stocks 12,000 12,000
Debtors 5 650,241 461,997
Cash at bank 2,843,639 1,616,405
3,505,880 2,090,402
CREDITORS
Amounts falling due within one year 6 3,117,130 1,867,466
NET CURRENT ASSETS 388,750 222,936
TOTAL ASSETS LESS CURRENT
LIABILITIES

413,004

247,190

CREDITORS
Amounts falling due after more than one
year

7

67,514

101,121
NET ASSETS 345,490 146,069

CAPITAL AND RESERVES
Called up share capital 8 100 100
Incorporation reserve 9 13,147 13,147
Retained earnings 9 332,243 132,822
SHAREHOLDERS' FUNDS 345,490 146,069

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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
29th February 2024


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 29th November 2024 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 29th February 2024

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 (2023 - 2 ) .

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
29.2.24 28.2.23
£    £   
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 29th February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
J R & S loan account 594,290 383,961
Prepayments 3,965 4,400
Loan Interest 51,986 73,636
650,241 461,997

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts - 305
Hire purchase contracts 135,401 213,214
Trade creditors 16,881 3,565
Client monies due 2,843,396 1,616,158
Tax 77,042 30,155
VAT 44,410 4,069
3,117,130 1,867,466

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 67,514 101,121

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained Incorporation
earnings reserve Totals
£    £    £   

At 1st March 2023 132,822 13,147 145,969
Profit for the year 237,521 237,521
Dividends (38,100 ) (38,100 )
At 29th February 2024 332,243 13,147 345,390