Jobsons Solicitors Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07753577

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,546		15,046

			16,546		15,046
CURRENT ASSETS
Stocks	5	202,870		318,947
Debtors	6	161,519		160,484
Cash at bank and in hand		34,276		80,777

		398,665		560,208
Creditors: Amounts Falling Due Within One Year	7	(367,273 )		(368,741 )

NET CURRENT ASSETS (LIABILITIES)			31,392		191,467

TOTAL ASSETS LESS CURRENT LIABILITIES			47,938		206,513

Creditors: Amounts Falling Due After More Than One Year	8		(43,334 )		(11,667 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,136 )		(3,761 )

NET ASSETS			468		191,085

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			368		190,985

SHAREHOLDERS' FUNDS			468		191,085

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Jobsons Solicitors Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr S A Jobson

Director

31 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jobsons Solicitors Limited is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting Policies

2.1. Basis of Preparation of 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.

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

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

When the outcome of a transaction can be estimated reliably, turnover from legal and professional services provided is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to chargeable hours undertaken.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings	15% on reducing balance
Computer Equipment	33% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

2.5. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 assesments in periods different from those in which they aare 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.

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Jobsons Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.6. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2.7. 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. If an arrangement constitutes a finance transaction it is measured at present value.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 8)

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	38,070
Additions	7,677
Disposals	(2,996 )

As at 31 March 2025	42,751

Depreciation
As at 1 April 2024	23,024
Provided during the period	5,608
Disposals	(2,427 )

As at 31 March 2025	26,205

Net Book Value
As at 31 March 2025	16,546

As at 1 April 2024	15,046

5. Stocks

	2025	2024
	£	£
Work in progress	202,870	318,947

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	118,651	114,422
Prepayments and accrued income	42,868	45,822
Amounts owed by associates	-	240

	161,519	160,484

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Jobsons Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	75,915	91,742
Corporation tax	26,882	70,383
Other taxes and social security	10,873	9,131
VAT	31,800	57,560
Other creditors	1,135	996
Accruals and deferred income	127,669	138,311
Director's loan account	21,034	618
Amounts owed to associates	71,965	-

	367,273	368,741

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	43,334	11,667

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Capital Commitments

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £94,179 (2024: £144,979)

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