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REGISTERED NUMBER: 05490227 (England and Wales)















BRADLEY AND JEFFERIES SOLICITORS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024






BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRADLEY AND JEFFERIES SOLICITORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: M Bradley
Mrs A Jefferies





SECRETARY: M Bradley





REGISTERED OFFICE: 3 College Place
Derby
Derbyshire
DE1 3DY





REGISTERED NUMBER: 05490227 (England and Wales)

BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 544 24

CURRENT ASSETS
Stocks 55,005 110,423
Debtors 5 483,599 491,940
Cash at bank and in hand 1,198,100 936,504
1,736,704 1,538,867
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

1,671,656

1,346,461
NET CURRENT ASSETS 65,048 192,406
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,592

192,430

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

25,121

191,177
NET ASSETS 40,471 1,253

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 40,371 1,153
SHAREHOLDERS' FUNDS 40,471 1,253

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

BALANCE SHEET - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





M Bradley - Director


BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Bradley And Jefferies Solicitors Limited 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

Compliance with accounting standards
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.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated)

Turnover
Turnover represents net invoiced sales of goods and services, net of value added tax and trade discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors
Debtors and creditors with no stated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impairment are recognised in the profit and
loss account in other administrative expenses.

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the
employees are entitled are recognised at the undiscounted amount expected to be paid in exchange
for that service.

BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023 20,867 10,739 31,606
Additions - 650 650
At 31 October 2024 20,867 11,389 32,256
DEPRECIATION
At 1 November 2023 20,856 10,726 31,582
Charge for year - 130 130
At 31 October 2024 20,856 10,856 31,712
NET BOOK VALUE
At 31 October 2024 11 533 544
At 31 October 2023 11 13 24

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 116,863 145,383
Other debtors 366,736 346,557
483,599 491,940

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 115,302 156,925
Trade creditors 1,195,696 936,354
Taxation and social security 316,373 242,841
Other creditors 44,285 10,341
1,671,656 1,346,461

Trade creditors include the sum of £1,195,696 (2023: £936,354) due to clients which is represented by an equivalent amount held in client bank accounts.

BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 25,121 191,177

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 24,504

Bank loans, overdrafts and other loans (including amounts falling due within one year) totalling £140,422 (2023: £348,102) are secured by a charge over business assets together with guarantees given by M Bradley.

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 31,000 3,840
Between one and five years 120,000 4,160
In more than five years 8,641 -
159,641 8,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
45 A Ordinary £1 45 45
45 B Ordinary £1 45 45
10 C Ordinary £1 10 10
100 100

10. RELATED PARTY DISCLOSURES

Included in other creditors is the following amounts owed to the directors, the amounts are interest free and
repayable on demand.

M Bradley
Director


2024 2023

BRADLEY AND JEFFERIES SOLICITORS LIMITED (REGISTERED NUMBER: 05490227)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024

£    £   
Amount due from related party at the balance sheet date 201,863 120,495

Mrs A Jefferies
Director


2024 2023
£    £   
Amount due from related party at the balance sheet date 49,902 48,414

11. CONTROLLING PARTY

The company is controlled by M C Bradley and A J Jefferies.