REGISTERED NUMBER: 12339817 (England and Wales)

DOWDING SOLICITORS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTOR:

Mrs K R Goddard

REGISTERED OFFICE:

12A High Street

Sileby

Loughborough

Leicestershire

LE12 7RX

REGISTERED NUMBER:

12339817 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Princes Court

Royal Way

Loughborough

Leicestershire

LE11 5XR

FIXED ASSETS

Property, plant and equipment

4

8,713

7,014

CURRENT ASSETS

Debtors

5

603,137

1,067,902

Cash at bank

44,307

41,760

647,444

1,109,662

CREDITORS

Amounts falling due within one year

6

635,910

1,092,765

NET CURRENT ASSETS

11,534

16,897

TOTAL ASSETS LESS CURRENT LIABILITIES

20,247

23,911

PROVISIONS FOR LIABILITIES

1,153

693

NET ASSETS

19,094

23,218

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

18,994

23,118

SHAREHOLDERS' FUNDS

19,094

23,218

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 director acknowledges her 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 director and authorised for issue on 24 October 2025 and were signed by:

Mrs K R Goddard - Director

1.	STATUTORY INFORMATION

Dowding 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 financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £.

The financial statements cover the individual entity.

The significant accounting policies applied in the preparation of these financial statement are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised upon provision of services.

Property plant and equipment

Property, plant and equipment is stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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

Improvements to property

3% on cost

Fixtures and Fittings

20% on cost

Computer Equipment

33% on cost

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the income statement.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment is recognised immediately in the income statement.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 April 2024

12,971

Additions

5,427

Disposals

(5,544

)

At 31 March 2025

12,854

DEPRECIATION

At 1 April 2024

5,957

Charge for year

1,944

Eliminated on disposal

(3,760

)

At 31 March 2025

4,141

NET BOOK VALUE

At 31 March 2025

8,713

At 31 March 2024

7,014

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

1,080

Other debtors

1,813

1,418

Client monies held

598,334

1,062,163

Prepayments

2,990

3,241

603,137

1,067,902

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation

19,233

13,595

VAT

11,342

10,685

Liabilities to clients

598,334

1,062,163

Directors' current accounts

624

312

Accrued expenses

6,377

6,010

635,910

1,092,765

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.	OTHER FINANCIAL COMMITMENTS

At 31st March 2025 the company was committed to making the following payments under non-cancellable commitments.

2025

2024

£

£

Commitments which expire:

Within one year

3,996

2,475

3,996

2,475

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mrs K R Goddard

Balance outstanding at start of year

-

710

Amounts advanced

-

50,350

Amounts repaid

-

(51,060

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

No interest was charged on Mrs K R Dowding's overdrawn director's current account. This loan is not secured and is repayable on demand.