REGISTERED NUMBER: 10350638 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Kang & Co Solicitors Limited

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

M S Kang

K K Kang

REGISTERED OFFICE:

Cornwall Buildings

45 Newhall Street

Birmingham

West Midlands

B3 3QR

REGISTERED NUMBER:

10350638 (England and Wales)

ACCOUNTANTS:

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Kang & Co Solicitors Limited for the year ended 31 December 2025 which comprise the Profit and Loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Kang & Co Solicitors Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Kang & Co Solicitors Limited and state those matters that we have agreed to state to the Board of Directors of Kang & Co Solicitors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kang & Co Solicitors Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Kang & Co Solicitors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Kang & Co Solicitors Limited. You consider that Kang & Co Solicitors Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Kang & Co Solicitors Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

20 April 2026

FIXED ASSETS

Tangible assets

4

101,052

136,941

CURRENT ASSETS

Debtors

5

425,971

443,354

Cash at bank

-

14,733

425,971

458,087

CREDITORS

Amounts falling due within one year

6

(180,327

)

(185,644

)

NET CURRENT ASSETS

245,644

272,443

TOTAL ASSETS LESS CURRENT LIABILITIES

346,696

409,384

CREDITORS

Amounts falling due after more than one year

7

(68,996

)

(147,713

)

PROVISIONS FOR LIABILITIES

(25,263

)

(32,629

)

NET ASSETS

252,437

229,042

CAPITAL AND RESERVES

Called up share capital

101

111

Capital redemption reserve

10

-

Retained earnings

252,326

228,931

252,437

229,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by:

M S Kang - Director

1.	STATUTORY INFORMATION

Kang & Co 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.

Fixtures and fittings

-

straight line over 3 years

Motor vehicles

-

25% reducing balance

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 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.

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 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

26,854

200,481

227,335

Additions

3,176

-

3,176

At 31 December 2025

30,030

200,481

230,511

DEPRECIATION

At 1 January 2025

15,267

75,127

90,394

Charge for year

7,727

31,338

39,065

At 31 December 2025

22,994

106,465

129,459

NET BOOK VALUE

At 31 December 2025

7,036

94,016

101,052

At 31 December 2024

11,587

125,354

136,941

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

48,500

-

Other debtors

377,471

443,354

425,971

443,354

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

38,319

-

Hire purchase contracts

15,130

21,489

Taxation and social security

125,930

161,786

Other creditors

948

2,369

180,327

185,644

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

68,996

147,713

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase

84,126

169,229

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made a loan to M J Kang, a director of the company. Interest was charged at the official rate of interest. The maximum outstanding during the year was £317,360 (2024 - £323,099). The amount outstanding at 31 December 2025 was £274,286 (2024 - £323,099).