REGISTERED NUMBER: 11718046 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

FOR

NORRIE WAITE & SLATER SOLICITORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Darwin

Mr D Staniforth

REGISTERED OFFICE:

9-12 East Parade

Sheffield

United Kingdom

South Yorkshire

S1 2ET

REGISTERED NUMBER:

11718046 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

FIXED ASSETS

Tangible assets

4

103,629

CURRENT ASSETS

Stocks

1,188,092

Debtors

5

289,749

Cash in hand

355

1,478,196

CREDITORS

Amounts falling due within one year

6

1,127,838

NET CURRENT ASSETS

350,358

TOTAL ASSETS LESS CURRENT LIABILITIES

453,987

PROVISIONS FOR LIABILITIES

7

24,280

NET ASSETS

429,707

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

429,607

429,707

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 29 September 2025 and were signed on its behalf by:

Mr J Darwin - Director

Mr D Staniforth - Director

1.	STATUTORY INFORMATION

Norrie Waite & Slater 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.

Tangible fixed assets

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

Freehold property - 5 years straight line

Fixtures & fittings - 15% reducing balance

Computer equipment - 20% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 57 .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

154,235

172,989

324,085

651,309

Additions

81,898

811

9,496

92,205

Disposals

-

(3,263

)

(6,874

)

(10,137

)

At 30 April 2025

236,133

170,537

326,707

733,377

DEPRECIATION

At 1 January 2024

154,235

162,873

296,282

613,390

Charge for period

16,380

1,364

6,601

24,345

Eliminated on disposal

-

(1,560

)

(6,427

)

(7,987

)

At 30 April 2025

170,615

162,677

296,456

629,748

NET BOOK VALUE

At 30 April 2025

65,518

7,860

30,251

103,629

At 31 December 2023

-

10,116

27,803

37,919

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

258,339

Other debtors

31,410

289,749

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Bank loans and overdrafts

68,498

Taxation and social security

360,695

Other creditors

698,645

1,127,838

7.	PROVISIONS FOR LIABILITIES

£

Deferred tax

24,280

Deferred

tax

£

Provided during period

24,280

Balance at 30 April 2025

24,280