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REGISTERED NUMBER: NI649451 (Northern Ireland)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 NOVEMBER 2025 |

| FOR |

| BOYD RICE SOLICITORS LIMITED |

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

| Page |

Company Information | 1 |

Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 8

BOYD RICE SOLICITORS LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 NOVEMBER 2025

| DIRECTORS: | N McGranaghan

| B Wall

| REGISTERED OFFICE: | 6 Mill Street

| Newtownards

| BT23 4LU

| REGISTERED NUMBER: | NI649451 (Northern Ireland)

| ACCOUNTANTS: | Baker Tilly Mooney Moore

| 17 Clarendon Road

| Belfast

| BT1 3BG

| BANKERS: | Danske Bank

| Belfast Business Centre

| Donegall Square West

| Belfast

| BT1 6JS

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

BALANCE SHEET

30 NOVEMBER 2025

| 30.11.25 | 30.11.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 35,000 |  | 52,500 |  |

Tangible assets | 5 | 67,577 |  | 244,688 |  |

102,577 |  | 297,188 |  |

CURRENT ASSETS

Debtors | 6 | 1,803,000 |  | 1,533,519 |  |

Investments | 7 | 71,702 |  | 65,983 |  |

Cash at bank and in hand | 6,869,311 |  | 2,296,158 |  |

8,744,013 |  | 3,895,660 |  |

CREDITORS

Amounts falling due within one year | 8 | 7,157,393 |  | 2,771,853 |  |

NET CURRENT ASSETS | 1,586,620 |  | 1,123,807 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,689,197 |  | 1,420,995 |  |

CREDITORS

Amounts falling due after more than one year | 9 | - |  | (5,903 | ) |

PROVISIONS FOR LIABILITIES | 11 | (15,450 | ) | (9,798 | ) |

NET ASSETS | 1,673,747 |  | 1,405,294 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 1,672,747 |  | 1,404,294 |  |

SHAREHOLDERS' FUNDS | 1,673,747 |  | 1,405,294 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

BALANCE SHEET - continued

30 NOVEMBER 2025

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 18 May 2026 and were signed on its behalf by:

N McGranaghan - Director

B Wall - Director

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

1. | STATUTORY INFORMATION

| Boyd Rice Solicitors Limited is a private company, limited by shares , registered in Northern Ireland. 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.

| Significant judgements and estimates

| The following judgements and estimates have had the most significant effect on amounts recognised in the financial statements:

| - Value of goodwilll

| The value of goodwill is assessed annually by the directors with any indicators of impairment considered. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and the business in general.

| - Useful economic lives of tangible assets

| The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual value of the assets. The useful economic lives and residual values are reassessed annually.

| - Valuation of work in progress

| Estimates are made in respect of the valuation of work in progress. When assessing the value of work in progress estimates are made of the costs incurred and the final fee on ongoing cases at the year end. Values are included only when they are considered recoverable. Consideration is also given to bills issued after the year end.

| - Recoverability of debtors

| Estimates are made in respect of the recoverable value of trade debtors. Impairment of trade debtors is reviewed on an ongoing basis having regard to the ageing profile of the debtors. Where a debtor balance is not considered recoverable then it is expensed in the year.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Freehold property | - | 2% on cost

| Improvements to property | - | 5% on reducing balance

| Fixtures, fittings & equipment | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Tangible fixed assets are recorded at cost less accumulated depreciation and impairment losses.

| Financial instruments

| All financial instruments of the company are considered to meet the definition of basic financial instruments.

| - Short term debtors and creditors

| Debtors and creditors with no stated interest rate are receivable or payable on demand are recognised at transaction price, and subject to annual impairment reviews. Any losses arising on impairment are recognised in the profit and loss account.

| - Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and in hand.

| - Loans and borrowings

| All loans and borrowings are initially recorded at the present value of cash payable to the lender in settlement of the liability discounted at the market interest rate. Subsequently loans and borrowings are stated at amortised cost using the effective interest rate method. The computation of amortised cost includes any issue costs, transaction costs and fees, and any discount or premium on settlement, and the effect of this is to amortise these amounts over the expected borrowing period. Loans with no stated interest rate and repayable within one period or on demand are not amortised. Loans and borrowings are classified as current liabilities unless the borrower has an unconditional right to defer settlement of the liability for at least 12 months after the financial period end date.

| Other financial instruments, including investments in equity instruments are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss.

| 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.

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Pension costs

| The company operates a defined contribution pension scheme. The annual contributions are charged to the profit and loss account.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 34 (2024 - 24 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 December 2024

| and 30 November 2025 | 175,000 |  |

| AMORTISATION

| At 1 December 2024 | 122,500 |  |

| Amortisation for year | 17,500 |  |

| At 30 November 2025 | 140,000 |  |

| NET BOOK VALUE

| At 30 November 2025 | 35,000 |  |

| At 30 November 2024 | 52,500 |  |

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures, |

| Freehold |  | to |  | fittings |  | Computer |

| property |  | property |  | & equipment |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 December 2024 | 212,494 |  | 2,090 |  | 40,351 |  | 48,439 |  | 303,374 |  |

| Additions | - |  | 14,613 |  | 18,593 |  | 12,452 |  | 45,658 |  |

| Disposals | (212,494 | ) | - |  | - |  | - |  | (212,494 | ) |

| At 30 November 2025 | - |  | 16,703 |  | 58,944 |  | 60,891 |  | 136,538 |  |

| DEPRECIATION

| At 1 December 2024 | 6,371 |  | 27 |  | 22,110 |  | 30,178 |  | 58,686 |  |

| Charge for year | 3,539 |  | 250 |  | 6,482 |  | 9,914 |  | 20,185 |  |

| Eliminated on disposal | (9,910 | ) | - |  | - |  | - |  | (9,910 | ) |

| At 30 November 2025 | - |  | 277 |  | 28,592 |  | 40,092 |  | 68,961 |  |

| NET BOOK VALUE

| At 30 November 2025 | - |  | 16,426 |  | 30,352 |  | 20,799 |  | 67,577 |  |

| At 30 November 2024 | 206,123 |  | 2,063 |  | 18,241 |  | 18,261 |  | 244,688 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Trade debtors | 1,722,103 |  | 1,477,230 |  |

| Other debtors | 80,897 |  | 56,289 |  |

1,803,000 |  | 1,533,519 |  |

7. | CURRENT ASSET INVESTMENTS

| 30.11.25 |  | 30.11.24

£ | £ |

| Listed investments | 71,702 |  | 65,983 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Bank loans and overdrafts (see note 10) | 6,175 |  | 10,653 |  |

| Trade creditors | 6,761 |  | - |  |

| Taxation and social security | 447,654 |  | 418,804 |  |

| Other creditors | 6,696,803 |  | 2,342,396 |  |

7,157,393 |  | 2,771,853 |  |

BOYD RICE SOLICITORS LIMITED (REGISTERED NUMBER: NI649451)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 NOVEMBER 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

| Included in other creditors is an amount of £6,477,193 (2024: £2,030,989) of monies due to clients. An equivalent amount is included in cash at bank and in hand.

| Also included in other creditors is an amount of £36,469 (2024: £53,790) due to the directors. This loan is unsecured, interest free and repayable on demand.

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Bank loans (see note 10) | - |  | 5,903 |  |

10. | LOANS

| An analysis of the maturity of loans is given below:

| 30.11.25 |  | 30.11.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 6,175 |  | 10,653 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 5,903 |  |

11. | PROVISIONS FOR LIABILITIES

| 30.11.25 |  | 30.11.24

£ | £ |

| Deferred tax | 15,450 |  | 9,798 |  |

| Deferred |

| tax |

£ |

| Balance at 1 December 2024 | 9,798 |  |

| Provision for year | 5,652 |  |

| Balance at 30 November 2025 | 15,450 |  |