REGISTERED NUMBER: 09654163

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SMALLEYS SOLICITORS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Sandhu

T S Gill

REGISTERED OFFICE:

5 The Quadrant

Coventry

CV1 2EL

REGISTERED NUMBER:

09654163

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Intangible assets

4

40,943

7,500

Tangible assets

5

76,911

94,942

117,854

102,442

CURRENT ASSETS

Debtors

6

414,398

403,644

Cash at bank and in hand

348,035

157,135

762,433

560,779

CREDITORS

Amounts falling due within one year

7

205,452

147,115

NET CURRENT ASSETS

556,981

413,664

TOTAL ASSETS LESS CURRENT LIABILITIES

674,835

516,106

PROVISIONS FOR LIABILITIES

15,605

19,017

NET ASSETS

659,230

497,089

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

658,230

496,089

659,230

497,089

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 27 May 2026 and were signed on its behalf by:

K Sandhu - Director

1.	STATUTORY INFORMATION

Smalleys Solicitors Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

Long leasehold

-

20% straight line

Fixtures and fittings

-

15% on reducing balance

Taxation

Taxation for the year 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 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.

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.

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 20 (2024 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

25,000

Additions

39,893

At 31 August 2025

64,893

AMORTISATION

At 1 September 2024

17,500

Amortisation for year

6,450

At 31 August 2025

23,950

NET BOOK VALUE

At 31 August 2025

40,943

At 31 August 2024

7,500

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

COST

At 1 September 2024

60,740

105,915

166,655

Additions

-

3,126

3,126

At 31 August 2025

60,740

109,041

169,781

DEPRECIATION

At 1 September 2024

22,732

48,981

71,713

Charge for year

12,015

9,142

21,157

At 31 August 2025

34,747

58,123

92,870

NET BOOK VALUE

At 31 August 2025

25,993

50,918

76,911

At 31 August 2024

38,008

56,934

94,942

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

234,357

224,894

Amounts owed by group undertakings

159,656

159,656

Other debtors

20,385

19,094

414,398

403,644

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,171

21,348

Taxation and social security

134,293

113,955

Other creditors

49,988

11,812

205,452

147,115

8.	RELATED PARTY DISCLOSURES

At the year end the company was owed £159,656.12 from Askews Legal LLP (2024 £159,656.12) a partnership that is controlled by the directors.