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REGISTERED NUMBER: 04209539 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 May 2025 |

| for |

| Steels Solicitors Limited |

| Steels Solicitors Limited (Registered number: 04209539) |

Contents of the Financial Statements

for the year ended 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Chartered Accountants' Report | 6 |

| Steels Solicitors Limited |

Company Information

for the year ended 31 May 2025

| DIRECTORS: | D S Hannah

| J Culleton

| C A Davenport

| H J Skidmore

| REGISTERED OFFICE: | 1 Victoria Road

| Stockton Heath

| Warrington

| Cheshire

| WA4 2AL

| REGISTERED NUMBER: | 04209539 (England and Wales)

| ACCOUNTANTS: | Bennett Brooks & Co Limited

| Chartered Accountants

| St George's Court

| Winnington Avenue

| Northwich

| Cheshire

| CW8 4EE

| Steels Solicitors Limited (Registered number: 04209539) |

Balance Sheet

31 May 2025

2025 | 2024 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 8,279 |  | 8,848 |  |

CURRENT ASSETS

Debtors | 5 | 270,843 |  | 172,906 |  |

Cash at bank and in hand | 365,301 |  | 319,295 |  |

636,144 |  | 492,201 |  |

CREDITORS

Amounts falling due within one year | 6 | (339,678 | ) | (247,980 | ) |

NET CURRENT ASSETS | 296,466 |  | 244,221 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 304,745 |  | 253,069 |  |

CAPITAL AND RESERVES

Called up share capital | 400 |  | 400 |  |

Capital redemption reserve | 100 |  | 100 |  |

Retained earnings | 304,245 |  | 252,569 |  |

SHAREHOLDERS' FUNDS | 304,745 |  | 253,069 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 9 October 2025 and were signed on its behalf by:

J Culleton - Director

D S Hannah - Director

| Steels Solicitors Limited (Registered number: 04209539) |

Notes to the Financial Statements

for the year ended 31 May 2025

1. | STATUTORY INFORMATION

| Steels 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 represents amounts chargeable to clients for professional services provided during the year, inclusive of direct expenses incurred on client assignments but excluding value added tax. Turnover is recognised when a right to consideration has been obtained through performance under each contract. Consideration accrues as contract activity progresses by reference to the value of work performed.

| Turnover is not recognised where the right to receive payment is contingent on events outside the control of the company. Unbilled revenue is included in debtors within accrued income.

| Tangible fixed assets

| Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

| All fixed assets are stated at cost less accumulated depreciation.

| Depreciation on all assets is calculated to allocate the depreciable amount to their residual values over their estimated useful lives as follows:

| Computer equipment |  | at 33% on cost |  |

| Fixtures and fittings |  | at 25% reducing balance |  |

| 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.

| Steels Solicitors Limited (Registered number: 04209539) |

Notes to the Financial Statements - continued

for the year ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Operating leases

| Rentals under operating leases are charged to the profit and loss account on a straight line basis over the lease term.

| Share capital

| Ordinary shares are classed as equity.

| Provisions

| A provision is recognised in the balance sheet when the Company has a present legal or constructive obligation as a result of a past event, that can be reliably measured, and it is probable that an outflow of economic benefits will be required to settle the obligation.

| Distributions to equity holders

| Dividends are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of changes in equity.

| Cash and cash equivalents

| Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Short term debtors and creditors

| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 33 (2024 - 29 ) .

4. | TANGIBLE FIXED ASSETS

Plant and |

machinery |

etc |

| £

| COST

| At 1 June 2024 | 17,551 |  |

| Additions | 4,608 |  |

| At 31 May 2025 | 22,159 |  |

| DEPRECIATION

| At 1 June 2024 | 8,703 |  |

| Charge for year | 5,177 |  |

| At 31 May 2025 | 13,880 |  |

| NET BOOK VALUE

| At 31 May 2025 | 8,279 |  |

| At 31 May 2024 | 8,848 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Trade debtors | 82,060 |  | 53,973 |  |

| Other debtors | 188,783 |  | 118,933 |  |

270,843 |  | 172,906 |  |

| Steels Solicitors Limited (Registered number: 04209539) |

Notes to the Financial Statements - continued

for the year ended 31 May 2025

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 6,329 |  | 6,873 |  |

| Taxation and social security | 190,398 |  | 135,435 |  |

| Other creditors | 142,951 |  | 105,672 |  |

339,678 |  | 247,980 |  |

7. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 | 2024 |

| £ | £

| Within one year | 2,028 |  | 2,028 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Bank loans | 6,329 |  | 6,873 |  |

| The bank liabilities are secured by a charge dated 17 July 2014 for securing by a fixed and floating charge over all current and future assets of the company.

9. | ULTIMATE CONTROLLING PARTY

| There is no ultimate controlling party.

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Steels Solicitors Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Steels Solicitors Limited for the year ended 31 May 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Steels Solicitors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Steels Solicitors Limited and state those matters that we have agreed to state to the Board of Directors of Steels Solicitors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Steels Solicitors Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Steels Solicitors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Steels Solicitors Limited. You consider that Steels Solicitors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Steels Solicitors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Bennett Brooks & Co Limited

Chartered Accountants

St George's Court

Winnington Avenue

Northwich

Cheshire

CW8 4EE

9 October 2025