Willetts & Co Solicitors Limited

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

Registered number: 11823642

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,056		1,242

			4,056		1,242
CURRENT ASSETS
Debtors	5	107,753		122,632
Cash at bank and in hand		42,057		36,285

		149,810		158,917
Creditors: Amounts Falling Due Within One Year	6	(60,028 )		(60,576 )

NET CURRENT ASSETS (LIABILITIES)			89,782		98,341

TOTAL ASSETS LESS CURRENT LIABILITIES			93,838		99,583

Creditors: Amounts Falling Due After More Than One Year	7		-		(6,132 )

NET ASSETS			93,838		93,451

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			93,837		93,450

SHAREHOLDERS' FUNDS			93,838		93,451

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Willetts & Co Solicitors Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges her 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

Mrs T E Willetts

Director

26th August 2026

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

1. General Information

Willetts & Co Solicitors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11823642 . The registered office is 28 Hoghton Street, Southport, Merseyside, PR9 0PA.

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.

The company's functional and presentational currency is GBP and no level of rounding has been used in the preparation of the financial statements.

2.2. Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities

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:

Fixtures & Fittings	20% straight line basis
Computer Equipment	3 year straight line basis

2.4. Taxation

The tax expense for the period comprises current and deferred tax.

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 years 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Willetts & Co Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.4. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	8,026	405	8,431
Additions	353	4,550	4,903

As at 31 March 2026	8,379	4,955	13,334

Depreciation
As at 1 April 2025	6,784	405	7,189
Provided during the period	572	1,517	2,089

As at 31 March 2026	7,356	1,922	9,278

Net Book Value
As at 31 March 2026	1,023	3,033	4,056

As at 1 April 2025	1,242	-	1,242

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	98,390	107,871
Other debtors	9,363	14,761

	107,753	122,632

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Willetts & Co Solicitors Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,999	4,016
Bank loans and overdrafts	23,641	31,877
Other creditors	11,765	1,949
Taxation and social security	22,623	22,734

	60,028	60,576

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

	2026	2025
	£	£
Bank loans	-	6,132

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

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