REGISTERED NUMBER: OC312294 (England and Wales)

JORDANS SOLICITORS LLP

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs R Sharp LL.B.

M Newby LL.B

REGISTERED OFFICE:

4 Priory Place

Doncaster

South Yorkshire

DN1 1BP

REGISTERED NUMBER:

OC312294 (England and Wales)

ACCOUNTANTS:

W H Prior

Chartered Certified Accountants

Railway Court

Off Ten Pound Walk

Doncaster

South Yorkshire

DN4 5FB

FIXED ASSETS

Intangible assets

4

2,582

7,706

Tangible assets

5

230,114

193,009

232,696

200,715

CURRENT ASSETS

Debtors

6

546,296

528,513

Cash at bank and in hand

19,746

57,741

566,042

586,254

CREDITORS

Amounts falling due within one year

7

373,283

407,964

NET CURRENT ASSETS

192,759

178,290

TOTAL ASSETS LESS CURRENT LIABILITIES

425,455

379,005

CREDITORS

Amounts falling due after more than one year

8

166,675

133,019

NET ASSETS ATTRIBUTABLE TO MEMBERS

258,780

245,986

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

228,780

215,986

MEMBERS' OTHER INTERESTS

Capital accounts

30,000

30,000

258,780

245,986

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

228,780

215,986

Members' other interests

30,000

30,000

258,780

245,986

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31st March 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 27th November 2025 and were signed by:

Mrs R Sharp LL.B. - Designated member

1.	STATUTORY INFORMATION

Jordans Solicitors LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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 excluding value added tax and third party invoiced disbursements. Revenue is recognised on an individual engagement basis when the right to consideration has been obtained from the client in exchange for work performed and where the recoverability of the consideration can be assessed with reasonable certainty. Turnover in respect of consignment fee assignments (over and above any agreed minimum fee) is only recognised when the contingent event occurs and collectability of the fee is assured.

Unbilled turnover on individual client assignments is included in amounts recoverable on contracts within debtors.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to Leasehold Prop erty

-

10% on cost

Office equipment

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Taxation

Income tax payable on the profits of the LLP is solely the personal liability of the individual members and consequently is not dealt with in these financial statements.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 26 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

102,500

AMORTISATION

At 1st April 2024

94,794

Charge for year

5,124

At 31st March 2025

99,918

NET BOOK VALUE

At 31st March 2025

2,582

At 31st March 2024

7,706

5.	TANGIBLE FIXED ASSETS

Improvements

to

Leasehold

Office

Motor

Prop erty

equipment

vehicles

Totals

£

£

£

£

COST

At 1st April 2024

86,571

298,450

166,455

551,476

Additions

-

33,843

60,790

94,633

At 31st March 2025

86,571

332,293

227,245

646,109

DEPRECIATION

At 1st April 2024

86,571

238,605

33,291

358,467

Charge for year

-

18,737

38,791

57,528

At 31st March 2025

86,571

257,342

72,082

415,995

NET BOOK VALUE

At 31st March 2025

-

74,951

155,163

230,114

At 31st March 2024

-

59,845

133,164

193,009

The net book value of tangible fixed assets includes £ 173,231 (2024 - £ 133,164 ) in respect of assets held under hire purchase contracts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

264,493

328,258

Amounts recoverable on

contracts

253,414

174,294

Other debtors

28,389

25,961

546,296

528,513

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

98,727

117,651

Hire purchase contracts

22,130

17,189

Trade creditors

10,842

22,037

Taxation and social security

110,237

126,349

Other creditors

131,347

124,738

373,283

407,964

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

11,502

Hire purchase contracts

151,313

121,517

Other creditors

15,362

-

166,675

133,019

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

87,225

84,318

Bank loans

11,502

44,835

98,727

129,153

Clydesdale Bank Plc have a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant and machinery.

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

228,780

215,986

Falling due within one year

228,780

215,986

Loans & other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.

11.	RELATED PARTY DISCLOSURES

During the year rent in the amount of £30,000 was paid to Mrs R Sharp, a member of the LLP, in respect of properties leased by the Limited Liability Partnership.