REGISTERED NUMBER: SC441629 (Scotland)

KERSLANDS 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:

A Keith

L McDermid

E J Talbot

REGISTERED OFFICE:

4 Station Road

Milngavie

G62 8AB

REGISTERED NUMBER:

SC441629 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

16,871

14,904

16,871

14,904

CURRENT ASSETS

Debtors

6

121,606

132,762

Cash at bank

202,864

165,377

324,470

298,139

CREDITORS

Amounts falling due within one year

7

175,691

169,656

NET CURRENT ASSETS

148,779

128,483

TOTAL ASSETS LESS CURRENT LIABILITIES

165,650

143,387

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

165,649

143,386

SHAREHOLDERS' FUNDS

165,650

143,387

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 Income Statement 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:

A Keith - Director

L McDermid - Director

E J Talbot - Director

1.	STATUTORY INFORMATION

Kerslands Solicitors Limited 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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, was amortised evenly over its estimated useful life of five years.

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.

Leasehold improvements

-

15% on reducing balance

Plant and machinery etc

-

33% on cost and 20% on reducing balance

Financial instruments

Basic financial instruments, including trade and other payables, bank loans and other loans that are classified as debt, are initially recognised at transaction price and are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

Taxation for the year comprises current 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 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.

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 and makes pension contributions to personal pension schemes of the company's directors. Contributions payable to these pension schemes are charged to the profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

450,000

AMORTISATION

At 1 April 2024

and 31 March 2025

450,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Leasehold

machinery

improvements

etc

Totals

£

£

£

COST

At 1 April 2024

30,033

9,630

39,663

Additions

-

3,996

3,996

At 31 March 2025

30,033

13,626

43,659

DEPRECIATION

At 1 April 2024

15,971

8,788

24,759

Charge for year

937

1,092

2,029

At 31 March 2025

16,908

9,880

26,788

NET BOOK VALUE

At 31 March 2025

13,125

3,746

16,871

At 31 March 2024

14,062

842

14,904

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

94,237

92,760

Other debtors

27,369

40,002

121,606

132,762

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

10,181

10,201

Taxation and social security

164,460

158,730

Other creditors

1,050

725

175,691

169,656

8.	OTHER FINANCIAL COMMITMENTS