REGISTERED NUMBER: 08748638 (England and Wales)

BARNES MARSLAND SOLICITORS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss J Miles

Mrs J M Mackenzie

REGISTERED OFFICE:

103 High Street

Broadstairs

Kent

CT10 1JS

REGISTERED NUMBER:

08748638 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,223

932

8,223

932

CURRENT ASSETS

Debtors

6

170,906

220,381

Cash at bank and in hand

91,097

97,474

262,003

317,855

CREDITORS

Amounts falling due within one year

7

(107,449

)

(135,262

)

NET CURRENT ASSETS

154,554

182,593

TOTAL ASSETS LESS CURRENT LIABILITIES

162,777

183,525

CREDITORS

Amounts falling due after more than one year

8

(61,667

)

(91,667

)

NET ASSETS

101,110

91,858

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

101,108

91,856

SHAREHOLDERS' FUNDS

101,110

91,858

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

Miss J Miles - Director

Mrs J M Mackenzie - Director

1.	STATUTORY INFORMATION

Barnes Marsland 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

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of three 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.

Fixture & Fittings

-

15% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

14,998

AMORTISATION

At 1 April 2024

and 31 March 2025

14,998

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixture &

Computer

Fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

14,189

13,524

27,713

Additions

-

8,636

8,636

Disposals

(1,705

)

(1,124

)

(2,829

)

At 31 March 2025

12,484

21,036

33,520

DEPRECIATION

At 1 April 2024

13,884

12,897

26,781

Charge for year

271

1,074

1,345

Eliminated on disposal

(1,705

)

(1,124

)

(2,829

)

At 31 March 2025

12,450

12,847

25,297

NET BOOK VALUE

At 31 March 2025

34

8,189

8,223

At 31 March 2024

305

627

932

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

34,746

62,495

Accrued income

99,340

119,262

Other debtors

33,806

35,545

167,892

217,302

Amounts falling due after more than one year:

Trade debtors

3,014

3,014

Other debtors

-

65

3,014

3,079

Aggregate amounts

170,906

220,381

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

23,826

Taxation and social security

18,428

29,875

Other creditors

79,021

81,561

107,449

135,262

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,667

11,667

Other creditors

60,000

80,000

61,667

91,667

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loan

-

13,826

The bank loan was repaid during the year ended 31 March 2025, this was secured by a debenture and a personal guarantee from a director.

10.	OTHER FINANCIAL COMMITMENTS

The company is occupying premises which are not on formal lease with rent at £19,000 per annum being at Market Value.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There are no directors advances at 31 March 2025. The directors advances were £199 at 31 March 2024.

A director has given a personal guarantee for a bank loan as disclosed in the notes.