REGISTERED NUMBER: 04148593 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ADCOCKS SOLICITORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M H Adcock

Mr H J Adcock

Mrs F M A Di Pierri

REGISTERED OFFICE:

Chancery House

27 Lombard Street

Lichfield

Staffordshire

WS13 6DP

REGISTERED NUMBER:

04148593 (England and Wales)

ACCOUNTANTS:

Brookes Stephens

New Media House

Davidson Road

Lichfield

Staffordshire

WS14 9DZ

Fixed assets

Intangible assets

4

7,973

8,694

Tangible assets

5

15,609

16,296

Investments

6

10,100

10,100

33,682

35,090

Current assets

Stocks

286,442

317,546

Debtors

7

403,910

418,635

Investments

8

87

87

Cash at bank and in hand

187,292

146,676

877,731

882,944

Creditors

Amounts falling due within one year

9

294,366

358,185

Net current assets

583,365

524,759

Total assets less current liabilities

617,047

559,849

Creditors

Amounts falling due after more than one year

10

(2,502

)

(21,576

)

Provisions for liabilities

(1,494

)

(1,512

)

Net assets

613,051

536,761

Capital and reserves

Called up share capital

13

11

11

Retained earnings

613,040

536,750

Shareholders' funds

613,051

536,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 13 July 2026 and were signed on its behalf by:

Mr H J Adcock - Director

1.	STATUTORY INFORMATION

Adcocks 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about Adcocks Solicitors Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced goods and services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty five 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.

Plant and machinery etc

-

25% on reducing balance and 10% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 25 (2025 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

18,038

AMORTISATION

At 1 April 2025

9,344

Charge for year

721

At 31 March 2026

10,065

NET BOOK VALUE

At 31 March 2026

7,973

At 31 March 2025

8,694

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

62,847

Additions

4,302

At 31 March 2026

67,149

DEPRECIATION

At 1 April 2025

46,551

Charge for year

4,989

At 31 March 2026

51,540

NET BOOK VALUE

At 31 March 2026

15,609

At 31 March 2025

16,296

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

10,100

NET BOOK VALUE

At 31 March 2026

10,100

At 31 March 2025

10,100

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

244,477

233,415

Amounts owed by group undertakings

114,378

114,378

Other debtors

45,055

70,842

403,910

418,635

8.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Listed investments

87

87

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

-

3,769

Trade creditors

17,053

19,494

Amounts owed to group undertakings

185

185

Taxation and social security

167,474

184,479

Other creditors

109,654

150,258

294,366

358,185

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

2,502

21,576

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

33,397

39,112

Between one and five years

9,167

42,564

42,564

81,676

12.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Other loans

53,494

106,183

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

75

Ordinary A

£0.10

8

8

17

Ordinary B

£0.10

2

2

9

Ordinary C

£0.10

1

1

11

11

14.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

Mr M H Adcock

Balance outstanding at start of year

-

81,262

Amounts advanced

-

31,200

Amounts repaid

-

(112,462

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Interest of 3% per annum is charged on the loan owed by Mr M Adcock. The loan is repayable on demand.

15.	RELATED PARTY DISCLOSURES

At the year end the company owed Mr H Adcock £2,501 (2025: £2,989). This loan is interest free.

16.	ULTIMATE CONTROLLING PARTY

Adcock (Holdings) Limited is the controlling company and its registered office is Chancery House, 27 Lombard Street, Lichfield, Staffordshire, WS13 6DP.