REGISTERED NUMBER: SC398026 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

CLOCH SOLICITORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P A Hannay

REGISTERED OFFICE:

Standard Buildings

94 Hope Street

Glasgow

G2 6PH

REGISTERED NUMBER:

SC398026 (Scotland)

ACCOUNTANTS:

Kean Jarman & Company

Chartered Accountants

27 Ingram Street

Glasgow

G1 1HA

FIXED ASSETS

Intangible assets

4

10,914

18,953

Tangible assets

5

997

1,246

Investments

6

1

1

11,912

20,200

CURRENT ASSETS

Stocks

20,000

30,000

Debtors

7

338,159

381,366

Cash at bank and in hand

1,007,338

713,710

1,365,497

1,125,076

CREDITORS

Amounts falling due within one year

8

122,381

84,385

NET CURRENT ASSETS

1,243,116

1,040,691

TOTAL ASSETS LESS CURRENT LIABILITIES

1,255,028

1,060,891

PROVISIONS FOR LIABILITIES

249

311

NET ASSETS

1,254,779

1,060,580

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,254,778

1,060,579

SHAREHOLDERS' FUNDS

1,254,779

1,060,580

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 August 2026 and were signed by:

P A Hannay - Director

1.	STATUTORY INFORMATION

Cloch Solicitors Limited is a private company, limited by shares , registered in Scotland. 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 represents amounts receivable for legal services provided, net of VAT.

Intangible assets

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets comprise licence fees paid to acquire trade marks for onward licensing or sale. Such assets are defined as having finite useful lives and the costs are amortised on a straight line basis over the remainder of the licence period, Intangible assets are stated at cost less amortisation and are reviewed for impairment whenever there is an indication that the carrying value may be impaired.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Trademark Portfolio-useful life of each individual trademark.

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

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress represents unbilled or incomplete work at the year end, stated at fair value, to the extent that it is deemed recoverable.

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.

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 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 February 2025

92,000

Disposals

(5,000

)

At 31 January 2026

87,000

AMORTISATION

At 1 February 2025

73,047

Charge for year

8,039

Eliminated on disposal

(5,000

)

At 31 January 2026

76,086

NET BOOK VALUE

At 31 January 2026

10,914

At 31 January 2025

18,953

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

and 31 January 2026

3,005

DEPRECIATION

At 1 February 2025

1,759

Charge for year

249

At 31 January 2026

2,008

NET BOOK VALUE

At 31 January 2026

997

At 31 January 2025

1,246

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

and 31 January 2026

1

NET BOOK VALUE

At 31 January 2026

1

At 31 January 2025

1

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

103,137

137,434

Amounts owed by group undertakings

209,005

217,789

Other debtors

26,017

26,143

338,159

381,366

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Taxation and social security

118,381

80,385

Other creditors

4,000

4,000

122,381

84,385

9.	LEASING AGREEMENTS

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

31.1.26

31.1.25

£

£

Within one year

13,850

13,850

Between one and five years

5,771

19,621

19,621

33,471

10.	RELATED PARTY DISCLOSURES

The company was owed £209,005 (2024-£217,789) at the year end by Roslevan Ltd. Roslevan is a subsidiary company of Cloch Solicitors Ltd. £217,789 was the maximum amount outstanding during the year.