Company registration number 13817010 (England and Wales)
ALDSOL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
PAGES FOR FILING WITH REGISTRAR
ALDSOL LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 10
ALDSOL LIMITED
BALANCE SHEET
AS AT
30 APRIL 2026
30 April 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
6,048
-
0
Current assets
Debtors
4
6,000,924
5,955,995
Cash at bank and in hand
492,087
113,531
6,493,011
6,069,526
Creditors: amounts falling due within one year
5
(2,990,659)
(3,005,439)
Net current assets
3,502,352
3,064,087
Total assets less current liabilities
3,508,400
3,064,087
Creditors: amounts falling due after more than one year
6
(347,812)
(544,713)
Provisions for liabilities
7
(30,000)
(42,500)
Net assets
3,130,588
2,476,874
Capital and reserves
Called up share capital
8
102
102
Other reserves
928,732
928,732
Profit and loss reserves
2,201,754
1,548,040
Total equity
3,130,588
2,476,874
ALDSOL LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2026
30 April 2026
- 2 -

For the financial year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 July 2026 and are signed on its behalf by:
Mr M J Foxford
Mr A C Rattray
Director
Director
Company registration number 13817010 (England and Wales)
ALDSOL LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2026
- 3 -
Share capital
Capital Reserve
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 May 2024
102
-
905,092
905,194
Year ended 30 April 2025:
Profit and total comprehensive income
-
-
895,816
895,816
Dividends
-
-
(252,868)
(252,868)
Transfers
-
928,732
-
0
928,732
Balance at 30 April 2025
102
928,732
1,548,040
2,476,874
Year ended 30 April 2026:
Profit and total comprehensive income
-
-
1,005,687
1,005,687
Dividends
-
-
(351,973)
(351,973)
Balance at 30 April 2026
102
928,732
2,201,754
3,130,588
ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
- 4 -
1
Accounting policies
Company information

Aldsol Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Lowry Plaza, The Quays, Salford, M50 3UB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Revenue for services represents the fair value of legal services provided during the year on client assignments. Fair value reflects the amount expected to be recoverable from clients and is based on time spent, expertise and skills provided, and expenses incurred. Fee income is stated net of Value Added Tax.

Legal services provided to clients during the year which, at the balance sheet date, have not been invoiced to clients, have been recognised as fee income in accordance with Section 23 Revenue of Financial Reporting Standard 102. Fee income can be recognised on a number of bases. Some fee income is recognised on an assessment of the fair value of services provided by the balance sheet date as a proportion of the total value of the engagement. Some fee income, where the services includes an indeterminate number of acts occurring, recognises revenue over the life of the service provided on a straight-line basis, this is only recognised when the matter is admitted or settled and it is probable that they will receive economic benefits for the work performed.

Unbilled fee income is included as stated at fair value where the right to consideration has been obtained. Provision is made against unbilled amounts on those engagements where the right to receive payments is contingent on other factors outside the control of the company. Contingent fee income (over and above any agreed minimum fee which is recognised as above) is recognised in the period in which the contingent event occurs.

1.4
Intangible fixed assets other than goodwill
Software
5 years on a straight line basis
ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 5 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 6 -
Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 7 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.9
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision i s measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 8 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
43
44
3
Intangible fixed assets
Other
£
Cost
At 1 May 2025
-
0
Additions
6,048
At 30 April 2026
6,048
Amortisation and impairment
At 1 May 2025 and 30 April 2026
-
0
Carrying amount
At 30 April 2026
6,048
At 30 April 2025
-
0
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
1,640,964
1,519,017
Amounts owed by group undertakings
100
100
Other debtors
4,359,860
4,436,878
6,000,924
5,955,995
5
Creditors: amounts falling due within one year
2026
2025
£
£
Bank loans
465,010
226,836
Trade creditors
717,894
730,899
Taxation and social security
362,544
459,079
Other creditors
1,445,211
1,588,625
2,990,659
3,005,439
ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 9 -
6
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
242,812
439,713
Other creditors
105,000
105,000
347,812
544,713

There is a debenture held with the Bank that contains a fixed and floating charge over all assets and undertakings of the business.

There are also debentures from group companies held with the Bank that takes a first charge over all assets and undertakings of the business.

Redeemable preference shares

On 29 September 2022, the company issued 2,100 redeemable preference shares of £50 each. These shares are redeemable by the company or the shareholder, have no voting rights but have rights to a preferential dividend and limited rights to participate in capital distributions.

7
Provisions for liabilities
2026
2025
£
£
Marketing Contract
-
12,500
Employment Dispute
30,000
30,000
30,000
42,500
8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
10,000
10,000
100
100
Growth shares of £1 each
2
2
2
2
10,002
10,002
102
102

Ordinary shares

On 29 September 2022, the company issued 10000 ordinary shares of £0.01 each. These shares are non-redeemable, have full voting rights, rights to dividends and right to participate in capital distributions.

Growth shares

On 29 September 2022, the company issued 2 growth shares of £1 each. These shares are non-redeemable, have no voting or dividend rights but have the right to participate in capital returns in relation to sale proceeds in excess of £5.5m.

ALDSOL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 10 -
9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
£
£
Total commitments
84,352
62,575

A related party has provided an unlimited guarantee in respect of the total operating lease commitment balance.

10
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

2026
2025
Amounts due to related parties
£
£
Directors
460,000
518,054
Other
99,700
131,608
Other related parties
640,000
700,000

Included within other related party balances is £640,000 owed to BB Legal Limited, a fellow subsidiary of MRF Legal Limited, before the demerger, which is repayable within 12 months.

Other information

The company has taken advantage of the exemption permitted under Section 1A paragraph 35C from disclosing transactions with its parent company and other wholly owned group companies.

11
Parent company

On the 30 April 2025, the ultimate parent company changed from MRF Legal Limited to MRF Law Limited. MRF Law Limited registered office is 5 Cambridge Road, Hale, Altrincham, England, WA15 9SY.

2026-04-30 2025-05-01 false false false 30 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr M J Foxford Mr A C Rattray Mr C Howell Mr Q Underhill 13817010 2025-05-01 2026-04-30 13817010 2026-04-30 13817010 2025-04-30 13817010 core:IntangibleAssetsOtherThanGoodwill 2026-04-30 13817010 core:IntangibleAssetsOtherThanGoodwill 2025-04-30 13817010 core:CurrentFinancialInstruments core:WithinOneYear 2026-04-30 13817010 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 13817010 core:Non-currentFinancialInstruments core:AfterOneYear 2026-04-30 13817010 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-30 13817010 core:CurrentFinancialInstruments 2026-04-30 13817010 core:CurrentFinancialInstruments 2025-04-30 13817010 core:Non-currentFinancialInstruments 2026-04-30 13817010 core:Non-currentFinancialInstruments 2025-04-30 13817010 core:ShareCapital 2026-04-30 13817010 core:ShareCapital 2025-04-30 13817010 core:OtherMiscellaneousReserve 2026-04-30 13817010 core:OtherMiscellaneousReserve 2025-04-30 13817010 core:RetainedEarningsAccumulatedLosses 2026-04-30 13817010 core:RetainedEarningsAccumulatedLosses 2025-04-30 13817010 core:ShareCapital 2024-04-30 13817010 core:RetainedEarningsAccumulatedLosses 2024-04-30 13817010 core:ShareCapitalOrdinaryShareClass1 2026-04-30 13817010 core:ShareCapitalOrdinaryShareClass1 2025-04-30 13817010 core:ShareCapitalOrdinaryShares 2026-04-30 13817010 core:ShareCapitalOrdinaryShares 2025-04-30 13817010 bus:Director1 2025-05-01 2026-04-30 13817010 bus:Director2 2025-05-01 2026-04-30 13817010 core:RetainedEarningsAccumulatedLosses 2024-05-01 2025-04-30 13817010 2024-05-01 2025-04-30 13817010 core:RetainedEarningsAccumulatedLosses 2025-05-01 2026-04-30 13817010 core:ComputerSoftware 2025-05-01 2026-04-30 13817010 core:IntangibleAssetsOtherThanGoodwill 2025-04-30 13817010 core:IntangibleAssetsOtherThanGoodwill 2025-05-01 2026-04-30 13817010 bus:OrdinaryShareClass1 2025-05-01 2026-04-30 13817010 bus:OrdinaryShareClass1 2026-04-30 13817010 bus:OrdinaryShareClass1 2025-04-30 13817010 bus:AllOrdinaryShares 2026-04-30 13817010 bus:AllOrdinaryShares 2025-04-30 13817010 bus:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 13817010 bus:FRS102 2025-05-01 2026-04-30 13817010 bus:AuditExemptWithAccountantsReport 2025-05-01 2026-04-30 13817010 bus:Director3 2025-05-01 2026-04-30 13817010 bus:Director4 2025-05-01 2026-04-30 13817010 bus:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 13817010 bus:FullAccounts 2025-05-01 2026-04-30 xbrli:pure xbrli:shares iso4217:GBP