Town & Country Law Limited

 

Start date : 01/02/2025

End date : 31/01/2026

Town & Country Law Limited

Profit and Loss account

For the year ending 31 January 2026

 

 

2026

2025

 

£

£

£

£

 

 

 

 

 

Turnover

 

 

 

 

Sales

 

(3,795,725)

 

(3,005,006)

Franchise commission

 

(1,287,401)

 

(893,688)

Miscellaneous sales

 

0

 

0

Disbursements

 

(258,962)

 

(187,877)

Miscellaneous Income

 

0

 

(1,473)

Funeral Commissions Received

 

0

 

0

Other Income (JRS etc)

 

(4,487)

 

0

 

 

 

 

 

 

 

(5,346,576)

 

(4,088,043)

Other costs

 

 

 

 

Legal support service

 

815,880

 

681,696

Miscellaneous purchases

 

700

 

0

Disbursements

 

198,095

 

124,764

Subcontractors

 

0

 

0

Goodwill

 

1,775

 

4,589

Sales commission

 

561,760

 

389,625

Sales promotions

 

775,427

 

10,960

Advertising

 

4,142

 

4,538

Gifts and samples

 

64,056

 

1,549

Instore concession

 

0

 

0

Marketing

 

525,516

 

838,659

Miscellaneous expenses

 

492

 

12,898

 

 

2,947,843

 

2,069,277

 

 

 

 

 

Gross profit

 

(2,398,733)

 

(2,018,766)

 

 

 

 

 

Adminstration expenses

 

 

 

 

Directors Remuneration

 

154,624

 

210,942

Staff salaries

 

1,039,640

 

933,539

Wages Casual

 

8,243

 

4,896

Employers NI

 

118,381

 

87,984

Employer Pension

 

5,749

 

5,639

Recruitment Expenses

 

3,682

 

2,568

Healthcare

 

8,036

 

7,119

Rent

0

 

0

 

Water rates

1,105

 

1,757

 

General rates

21,831

 

21,831

 

Premises insurance

0

 

0

 

Business Insurance

19,693

 

14,367

 

Light & Heat

6,390

 

26,750

 

 

 

49,020

 

64,704

 

 

 

 

 

Bank charges

1,480

 

7,242

 

Mortgage Interest

23,942

 

39,802

 

Unpaid Cheques

(50)

 

0

 

Other Interest Charges

29,027

 

43,284

 

PDQ charges

31,12385,52223,711114,039

 

 

 

 

 

Town & Country Law Limited

Profit and Loss account (continued)

For the year ending 31 January 2026

 

 

2026

2025

 

£

£

£

£

 

 

 

 

 

Motor expenses

 

 

 

 

Vehicle fuel

6,524

 

5,254

 

Vehicle repairs and service

7,379

 

3,182

 

Vehicle licence

0

 

0

 

Vehicle Insurance

2,572

 

2,422

 

Miscellaneous motor exps

382

 

6

 

Car leasing

64,36181,21863,76374,628

Telephone & Internet

 

 

 

 

Telephone and fax

23,901

 

10,965

 

Internet

8,120

 

2,962

 

Mobile charges

3,11635,1372,11516,043

Postage Print & Stationery

 

 

 

 

Printing

20,278

 

9,672

 

Postage and carriage

134,332

 

104,065

 

Office stationery

34,164188,77430,395144,132

Travelling and subsistence

 

 

 

 

Expenses via Payroll

6,627

 

6,636

 

Hotels

14,031

 

73

 

Staff entertainment

29,177

 

14,534

 

Travel & Subsistence

5,89355,7271,89623,140

Computer and software

 

375,710

 

76,315

Professional fees

 

 

 

 

Legal fees

36,893

 

95,167

 

Accountancy fees

108

 

468

 

Professional fees

1,16838,17013,659109,295

Equipment leasing

 

 

 

 

Office machine leasing

0

 

0

 

Equipment leasing

8,6448,64412,70612,706

Premises expenses

 

 

 

 

Cleaning

8,300

 

7,313

 

Premises expenses

5,420

 

3,651

 

Repairs & Renewals

10,938

 

4,753

 

Alarm systems

1,09525,7531,21516,932

Sundry expenses

 

 

 

 

Company shredding

490

 

455

 

Archiving

17,272

 

13,625

 

Experian Charges

550

 

4,648

 

Non Capex Equipment

1,063

 

1,587

 

Child care vouchers

0

 

0

 

Subscriptions

150

 

323

 

Depreciation

40,256

 

40,192

 

Town & Country Law Limited

Profit and Loss account (continued)

For the year ending 31 January 2026

 

 

2026

2025

 

£

£

£

£

 

 

 

 

 

Donations

500

 

38

 

Training costs

(3,044)

 

200

 

Sponsorships

4,250

 

0

 

Late Filing Penalties

1,855

 

11,273

 

Sundry expenses

1763,35933672,675

 

 

 

 

 

 

 

2,345,387

 

1,977,293

 

 

 

 

 

Net (Profit)/Loss

 

(53,346)

 

(41,473)

 

 

 

 

 

Corporation tax

 

10,136

 

7,880

 

 

 

 

 

Profit after tax

 

(43,210)

 

(33,593)

 

 

 

 

 

Retained profits

 

 

 

 

Balance b/fwd

 

603,199

 

569,606

Profit after tax

 

43,210

 

33,593

Dividends paid

 

0

 

0

 

 

 

 

 

Balance c/fwd

 

646,409

 

603,199

Town & Country Law Limited

Balance sheet

As at 31 January 2026

 

 

2026

2025

 

£

£

£

£

 

 

 

 

 

Current assets

 

 

 

 

Fixed Assets

 

560,715

 

586,448

Work in progress

 

0

 

162,000

Trade debtors

 

790,103

 

413,059

Other debtors

 

91,284

 

60,047

InterCompany Accounts

 

 

 

 

TCL Training

0

 

0

 

Countrywide Wills

47,235

 

34,716

 

TCL Solar

0

 

0

 

Vapetropolis

0

 

0

 

TCL Probate Services

0

 

0

 

Paragon Probate Services

4,62851,8634,02038,736

Prepayments

 

0

 

0

HSBC MAIN account

45,521

 

20,491

 

HSBC VAT account

0

 

0

 

HSBC CLIENT account

371,376

 

76,827

 

Lloyds Bank for PDQ

15,423

 

23,193

 

 

 

 

 

 

Petty Cash

374432,69425597,573

 

 

 

 

 

 

 

1,926,659

 

1,357,863

Creditors less than 12 months

 

 

 

 

Trade creditors

 

 

 

 

Company credit card

0

 

0

 

Creditors control

(87,714)

(87,714)

(94,669)

(94,669)

Other creditors

 

(687,049)

 

(202,368)

Accruals

 

260,000

 

0

InterCompany Accounts

 

 

 

 

TCL Training

(8,162)

 

(8,304)

 

Countrywide Wills

0

 

0

 

TCL Solar

(28,420)

 

(6,632)

 

TCL Probate Services

(1,581)

(38,164)

(1,723)

(16,660)

Other taxes

 

 

 

 

Output VAT

1,776

 

0

 

Input VAT

(1,116)

 

0

 

VAT liability

(134,940)

 

(159,964)

 

Corporation Tax

(10,136)

 

(7,880)

 

PAYE & NI & Pension

(30,147)

(174,563)

(89,536)

(257,380)

Loans

 

 

 

 

Net wages

0

 

0

 

Loans

(90,391)

 

(63,916)

 

Bounceback Loan

(3,333)

 

(13,042)

 

Mortgage

(395,424)

 

(409,167)

 

Directors Loan Accounts

478,925

(10,224)

279,545

(206,580)

 

 

 

 

 

 

 

(737,713)

 

(754,464)

 

 

 

 

 

Profit / (Loss)

 

1,188,946

 

603,399

Town & Country Law Limited

Balance sheet (continued)

As at 31 January 2026

 

 

2026

2025

 

£

£

£

£

 

 

 

Ordinary shares

100

 

100

 

Ordinary 'B' Shares

100200100200

Reserves

 

 

 

 

Profit and loss account

603,199

 

569,606

 

Retained profit

53,346

 

41,473

 

Corporation Tax

(10,136)

 

(7,880)

 

Dividends

0646,4090603,199

 

 

 

 

 

 

 

 

 

 

 

 

646,609

 

603,399