REGISTERED NUMBER: 10382830 (England and Wales)

GRAHAM & CO SOLICITORS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R P Graham

Ms N Raeburn

REGISTERED OFFICE:

67 High Street

Herne Bay

Kent

CT6 5LQ

REGISTERED NUMBER:

10382830 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Tangible assets

4

380,559

381,573

CURRENT ASSETS

Debtors

5

3,099

17,887

Cash at bank and in hand

158,250

138,413

161,349

156,300

CREDITORS

Amounts falling due within one year

6

160,545

167,969

NET CURRENT ASSETS/(LIABILITIES)

804

(11,669

)

TOTAL ASSETS LESS CURRENT LIABILITIES

381,363

369,904

CREDITORS

Amounts falling due after more than one year

7

285,004

278,541

NET ASSETS

96,359

91,363

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

96,259

91,263

96,359

91,363

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 26 September 2025 and were signed on its behalf by:

Mr R P Graham - Director

1.	STATUTORY INFORMATION

Graham & Co 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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

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.

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 12 (2023 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Fixture &

Motor

Computer

property

Fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

346,466

34,784

32,250

51,118

464,618

Additions

-

1,798

8,551

7,557

17,906

At 31 December 2024

346,466

36,582

40,801

58,675

482,524

DEPRECIATION

At 1 January 2024

-

23,378

22,046

37,621

83,045

Charge for year

-

3,301

4,689

10,930

18,920

At 31 December 2024

-

26,679

26,735

48,551

101,965

NET BOOK VALUE

At 31 December 2024

346,466

9,903

14,066

10,124

380,559

At 31 December 2023

346,466

11,406

10,204

13,497

381,573

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Sundry debtors

2,477

17,887

Prepayments

622

-

3,099

17,887

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

4,064

47,904

Corporation Tax

44,574

83,133

Social security and other taxes

18,503

25,000

Net wages

21,654

-

VAT

4,282

7,977

Sundry creditors

62,330

-

Directors' current accounts

2,288

600

Accruals and deferred income

2,850

3,355

160,545

167,969

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

10,000

10,000

Bank loans - 2-5 years

4,167

14,167

Other loans - over 1 year

260,120

238,643

Hire purchase contracts

10,717

15,731

285,004

278,541