REGISTERED NUMBER: 08975312 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st July 2025

for

X-Press Legal Services (London) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr T Mannion

SECRETARY:

Mrs L R Mannion

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

08975312 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,024

26,977

21,024

26,977

CURRENT ASSETS

Debtors

6

190,958

92,051

Cash at bank

112,879

151,919

303,837

243,970

CREDITORS

Amounts falling due within one year

7

108,885

79,194

NET CURRENT ASSETS

194,952

164,776

TOTAL ASSETS LESS CURRENT LIABILITIES

215,976

191,753

CREDITORS

Amounts falling due after more than one year

8

-

(24,202

)

PROVISIONS FOR LIABILITIES

(5,256

)

(6,744

)

NET ASSETS

210,720

160,807

CAPITAL AND RESERVES

Called up share capital

9

50

50

Retained earnings

10

210,670

160,757

SHAREHOLDERS' FUNDS

210,720

160,807

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

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

The director acknowledges his 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 10th October 2025 and were signed by:

Mr T Mannion - Director

1.	STATUTORY INFORMATION

X-Press Legal Services (London) 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents and licences

Franchise licence, being the amount paid in connection with obtaining the X-Press Legal Services franchise, classified as an asset on the balance sheet and amortised over the term of the agreement with the franchisor of 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33.33% on cost

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1st August 2024

and 31st July 2025

24,500

AMORTISATION

At 1st August 2024

and 31st July 2025

24,500

NET BOOK VALUE

At 31st July 2025

-

At 31st July 2024

-

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st August 2024

44,090

2,184

46,274

Additions

-

1,000

1,000

At 31st July 2025

44,090

3,184

47,274

DEPRECIATION

At 1st August 2024

17,223

2,074

19,297

Charge for year

6,717

236

6,953

At 31st July 2025

23,940

2,310

26,250

NET BOOK VALUE

At 31st July 2025

20,150

874

21,024

At 31st July 2024

26,867

110

26,977

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

118,832

66,900

Amounts owed by group undertakings

65,980

19,800

Other debtors

500

-

Prepayments

5,646

5,351

190,958

92,051

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

24,202

5,170

Trade creditors

36,245

26,226

Tax

29,439

26,858

Social security and other taxes

325

264

VAT

13,606

13,808

Other creditors

3,404

5,368

Directors' current accounts

89

-

Accrued expenses

1,575

1,500

108,885

79,194

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

-

24,202

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

50

Ordinary A

£1

50

50

10.

RESERVES

Retained

earnings

£

At 1st August 2024

160,757

Profit for the year

82,667

Dividends

(32,754

)

At 31st July 2025

210,670

11.	RELATED PARTY DISCLOSURES

At the year end, monies totalling £65,980 (2024: £19,800) were owed from Mannion Holdings Ltd.