REGISTERED NUMBER: 07256153 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SARAH BARCLAY MEDICAL NEGLIGENCE LAW

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S Bentley

REGISTERED OFFICE:

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

REGISTERED NUMBER:

07256153 (England and Wales)

ACCOUNTANTS:

Jones Harris Limited

17 St Peters Place

Fleetwood

Lancashire

FY7 6EB

FIXED ASSETS

Intangible assets

4

78,778

93,778

Tangible assets

5

11,981

3,896

Investments

6

423,625

359,290

514,384

456,964

CURRENT ASSETS

Debtors

7

5,830

85,518

Cash at bank

69,847

67,092

75,677

152,610

CREDITORS

Amounts falling due within one year

8

(77,261

)

(113,914

)

NET CURRENT (LIABILITIES)/ASSETS

(1,584

)

38,696

TOTAL ASSETS LESS CURRENT LIABILITIES

512,800

495,660

PROVISIONS FOR LIABILITIES

(1,968

)

(5,130

)

NET ASSETS

510,832

490,530

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

(3,082

)

12,468

Retained earnings

513,912

478,060

510,832

490,530

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 28 August 2025 and were signed by:

Mrs S Bentley - Director

1.	STATUTORY INFORMATION

Sarah Barclay Medical Negligence Law 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

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, 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.

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.

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.

Going concern

The directors are satisfied at the time of approving the financial statements that the company has

adequate resources to continue to operate for the foreseeable future and as such, continues to adopt

the going concern basis in preparing the financial statements.

Listed investments

Investments are measured at fair (current market) value with changes in fair value recognised in the profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

206,222

Charge for year

15,000

At 31 March 2025

221,222

NET BOOK VALUE

At 31 March 2025

78,778

At 31 March 2024

93,778

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

25,675

17,241

20,207

63,123

Additions

-

11,356

724

12,080

At 31 March 2025

25,675

28,597

20,931

75,203

DEPRECIATION

At 1 April 2024

25,675

15,799

17,753

59,227

Charge for year

-

3,200

795

3,995

At 31 March 2025

25,675

18,999

18,548

63,222

NET BOOK VALUE

At 31 March 2025

-

9,598

2,383

11,981

At 31 March 2024

-

1,442

2,454

3,896

6.	FIXED ASSET INVESTMENTS

Listed

investments

£

COST OR VALUATION

At 1 April 2024

359,290

Additions

315,530

Disposals

(230,461

)

Revaluations

(20,734

)

At 31 March 2025

423,625

NET BOOK VALUE

At 31 March 2025

423,625

At 31 March 2024

359,290

Cost or valuation at 31 March 2025 is represented by:

Listed

investments

£

Valuation in 2024

16,624

Valuation in 2025

(20,734

)

Cost

427,735

423,625

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

427,735

342,666

Fixed asset investments were valued on an open market basis on 31 March 2025 by Becketts FS Ltd .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,830

85,518

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

311

377

Tax

38,787

85,684

Social security and other taxes

179

1,635

VAT

31,427

23,467

Other creditors

394

410

Directors' current accounts

288

413

Accrued expenses

5,875

1,928

77,261

113,914

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

12,468

Transfer

(15,550

)

At 31 March 2025

(3,082

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mrs S Bentley

Balance outstanding at start of year

-

-

Amounts advanced

4,404

2,911

Amounts repaid

(4,404

)

(2,911

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £77,500 (2024 - £72,000) were paid to the director .