Registration number: 04527260

Wragg Mark-Bell Solicitors Limited

Contents

Accountants' Report	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	4

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Wragg Mark-Bell Solicitors Limited
for the Year Ended 30 September 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wragg Mark-Bell Solicitors Limited for the year ended 30 September 2025 as set out on pages 2 to 8 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 at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Wragg Mark-Bell Solicitors Limited, as a body, in accordance with the terms of our engagement letter dated 25 March 2026. Our work has been undertaken solely to prepare for your approval the accounts of Wragg Mark-Bell Solicitors Limited and state those matters that we have agreed to state to the Board of Directors of Wragg Mark-Bell Solicitors Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wragg Mark-Bell Solicitors Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Wragg Mark-Bell Solicitors Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Wragg Mark-Bell Solicitors Limited. You consider that Wragg Mark-Bell 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 accounts of Wragg Mark-Bell 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 accounts.

Dodd & Co Audit Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

13 May 2026

Wragg Mark-Bell Solicitors Limited

(Registration number: 04527260)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	18,178	11,817
Current assets
Debtors	5	863,457	657,229
Cash at bank and in hand		565,397	375,887
		1,428,854	1,033,116
Creditors: Amounts falling due within one year	6	(709,395)	(371,638)
Net current assets		719,459	661,478
Total assets less current liabilities		737,637	673,295
Provisions for liabilities		(3,866)	(15,965)
Net assets		733,771	657,330
Capital and reserves
Allotted, called up and fully paid share capital		66	6
Capital redemption reserve		2	2
Profit and loss account		733,703	657,322
Total equity		733,771	657,330

Wragg Mark-Bell Solicitors Limited

(Registration number: 04527260)
Balance Sheet as at 30 September 2025 (continued)

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 May 2026 and signed on its behalf by:
 

.........................................

N T Kennon

Director

Wragg Mark-Bell Solicitors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
21 Castle Street
CARLISLE
CA3 8SY

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Wragg Mark-Bell Solicitors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture and fittings	33% straight line
Office equipment	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for the sale of goods or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method where due after more than one year.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Wragg Mark-Bell Solicitors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 30 (2024 - 27).

4	Tangible assets

	Furniture, fittings and office equipment  £	Total £
Cost or valuation
At 1 October 2024	38,175	38,175
Additions	12,503	12,503
At 30 September 2025	50,678	50,678
Depreciation
At 1 October 2024	26,358	26,358
Charge for the year	6,142	6,142
At 30 September 2025	32,500	32,500
Carrying amount
At 30 September 2025	18,178	18,178
At 30 September 2024	11,817	11,817

5

Debtors

	2025 £	2024 £
Trade debtors	258,828	161,529
Other debtors	604,629	495,700
	863,457	657,229

Wragg Mark-Bell Solicitors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

6

Creditors

		2025 £	2024 £
Due within one year
Trade creditors		47,401	45,474
Taxation and social security		146,862	102,928
Corporation tax liability		52,336	84,214
Other creditors		462,796	139,022
		709,395	371,638

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £232,745 (2024 - £255,974). These commitments relate to property leases and equipment hire.

Wragg Mark-Bell Solicitors Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

8	Related party transactions

Transactions with directors

2025	At 1 October 2024 £	Advances £	Repayments £	Other payments £	Dividends credited £	Interest £	At 30 September 2025 £
N T Kennon
Loan	209,432	196,000	(6,000)	-	(135,000)	7,038	271,470

2024	At 1 October 2023 £	Advances £	Repayments £	Other payments £	Dividends credited £	Interest £	At 30 September 2024 £
N T Kennon
Loan	160,602	169,245	-	-	(125,000)	4,585	209,432

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2.25% to 5 April 2025 and 3.75% thereafter on advances to directors.

9	Off-balance sheet arrangements

Client monies
At 30 September 2025 the company held client monies totalling £3,259,352 (2024: £2,464,207). These were held in client accounts in accordance with the SRA Accounts Rules.