Solomon Shepherd Solicitors Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08049687

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,036		1,311

			1,036		1,311
CURRENT ASSETS
Stocks	5	30,000		50,000
Debtors	6	87,281		72,407
Cash at bank and in hand		317,798		338,829

		435,079		461,236
Creditors: Amounts Falling Due Within One Year	7	(33,674 )		(115,043 )

NET CURRENT ASSETS (LIABILITIES)			401,405		346,193

TOTAL ASSETS LESS CURRENT LIABILITIES			402,441		347,504

Creditors: Amounts Falling Due After More Than One Year	8		(19,567 )		(23,794 )

NET ASSETS			382,874		323,710

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			382,774		323,610

SHAREHOLDERS' FUNDS			382,874		323,710

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Solomon Shepherd Solicitors Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Isaac Agyeman-Duah

Director

26/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Solomon Shepherd Solicitors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08049687 . The registered office is Unit 1, Fountayne Business Centre, Broad Lane, London, N15 4AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Reducing balance method
Computer Equipment	25% Reducing balance method

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable .

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.

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Solomon Shepherd Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	5	6

	5	6

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	1,941	8,675	10,616
Additions	70	-	70

As at 30 November 2025	2,011	8,675	10,686

Depreciation
As at 1 December 2024	694	8,611	9,305
Provided during the period	329	16	345

As at 30 November 2025	1,023	8,627	9,650

Net Book Value
As at 30 November 2025	988	48	1,036

As at 1 December 2024	1,247	64	1,311

5. Stocks

	2025	2024
	£	£
Work in progress	30,000	50,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	74,581	56,748
Prepayments and accrued income	-	2,959
Other debtors	12,700	12,700

	87,281	72,407

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Solomon Shepherd Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	6,181	5,949
Corporation tax	17,734	49,342
PAYE control (Current liabilities - creditors < 1 year)	652	606
VAT	8,874	28,210
Net wages	-	126
Other creditors- pension payable	233	217
Accruals and deferred income	-	29,620
Directors' loan accounts	-	973

	33,674	115,043

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	19,567	23,794

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Pension Commitments

The company operates a defined contribution pension scheme . The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contribution payable by the company to the fund and amount to £1,182 (2024- £1,231).

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