Robert Lizar Solicitors Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06631097 (England and Wales)

Financial Statements for the Year Ended 31 May 2025

for

Robert Lizar Solicitors Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R Lizar

A Foster

REGISTERED OFFICE:

101 Princess Road

Moss Side

Manchester

M14 4RB

REGISTERED NUMBER:

06631097 (England and Wales)

ACCOUNTANTS:

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

145,564

117,531

145,564

117,531

CURRENT ASSETS

Stocks

130,269

120,326

Debtors

6

136,445

415,902

Cash at bank and in hand

405

355

267,119

536,583

CREDITORS

Amounts falling due within one year

7

219,723

365,594

NET CURRENT ASSETS

47,396

170,989

TOTAL ASSETS LESS CURRENT
LIABILITIES

192,960

288,520

CREDITORS

Amounts falling due after more than one
year

8

(833

)

(10,065

)

PROVISIONS FOR LIABILITIES

(8,602

)

(4,044

)

NET ASSETS

183,525

274,411

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

183,425

274,311

SHAREHOLDERS' FUNDS

183,525

274,411

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 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 13 October 2025 and were signed on its behalf by:

R Lizar - Director

A Foster - Director

1.	STATUTORY INFORMATION

Robert Lizar 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 2012, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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. 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 35 (2024 - 35 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 June 2024

and 31 May 2025

400,000

AMORTISATION

At 1 June 2024

and 31 May 2025

400,000

NET BOOK VALUE

At 31 May 2025

-

At 31 May 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 June 2024

100,000

82,824

182,824

Additions

-

43,221

At 31 May 2025

100,000

126,045

226,045

DEPRECIATION

At 1 June 2024

-

65,293

Charge for year

-

15,188

At 31 May 2025

-

80,481

NET BOOK VALUE

At 31 May 2025

100,000

45,564

145,564

At 31 May 2024

100,000

17,531

117,531

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Trade debtors

99,820

404,398

Other debtors

36,625

11,504

136,445

415,902

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

Bank loans and overdrafts

144,143

205,439

Taxation and social security

37,757

150,921

Other creditors

37,823

9,234

219,723

365,594

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.5.25

31.5.24

£

Bank loans

833

10,065

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

31.5.25

31.5.24

£

R Lizar

Balance outstanding at start of year

(403

)

(95

)

Amounts advanced

592

43,692

Amounts repaid

(500

)

(44,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(311

)

(403

)

A Foster

Balance outstanding at start of year

(2,681

)

(31

)

Amounts advanced

28,614

53,350

Amounts repaid

(26,000

)

(56,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(67

)

(2,681

)

10.	ULTIMATE CONTROLLING PARTY

The company was under the control of its directors R Lizar and A Foster, virtue to the fact that between them, they hold all the companies share capital.