P R Williams Legal Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10603767 (England and Wales)

Unaudited Financial Statements

For The Year Ended 28th February 2026

for

P R Williams Legal Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTORS:

P R Williams

Mrs A M Williams

T J R Williams

E M R Williams

REGISTERED OFFICE:

Bridge House

High Street

Congresbury

North Somerset

BS49 5JA

REGISTERED NUMBER:

10603767 (England and Wales)

ACCOUNTANTS:

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

FIXED ASSETS

Tangible assets

4

423

634

CURRENT ASSETS

Debtors

5

237,512

24,778

Cash at bank

386,280

687,057

623,792

711,835

CREDITORS

Amounts falling due within one year

6

103,268

133,315

NET CURRENT ASSETS

520,524

578,520

TOTAL ASSETS LESS CURRENT
LIABILITIES

520,947

579,154

PROVISIONS FOR LIABILITIES

7

159

NET ASSETS

520,788

578,995

CAPITAL AND RESERVES

Called up share capital

8

110

145

Capital redemption reserve

9

(239,965

)

-

Retained earnings

9

760,643

578,850

SHAREHOLDERS' FUNDS

520,788

578,995

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2026 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.

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 and authorised for issue by the Board of Directors and authorised for issue on 29th September 2026 and were signed on its behalf by:

P R Williams - Director

1.	STATUTORY INFORMATION

P R Williams Legal Limited is a private company, limited by shares , registered in England and Wales. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

33% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st March 2025

and 28th February 2026

3,367

DEPRECIATION

At 1st March 2025

2,733

Charge for year

211

At 28th February 2026

2,944

NET BOOK VALUE

At 28th February 2026

423

At 28th February 2025

634

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Trade debtors

100,000

1,800

Other debtors

87,804

20,123

Directors' current accounts

46,853

-

Tax

2,855

237,512

24,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

Tax

93,389

115,566

VAT

6,037

6,341

Accrued expenses

3,842

11,408

103,268

133,315

7.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

Deferred tax

159

Deferred

tax

£

Balance at 1st March 2025

159

Balance at 28th February 2026

159

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

10

"B" Ordinary

£1

10

15

"C" Ordinary

£1

-

15

"D" Ordinary

£1

15

"E" Ordinary

£1

15

40

55

Allotted and issued:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

90

"A" Ordinary

£1

70

90

9.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

At 1st March 2025

578,850

-

578,850

Profit for the year

278,444

Dividends

(96,651

)

(96,651

)

Purchase of own shares

-

(239,965

)

(239,965

)

At 28th February 2026

760,643

(239,965

)

520,678

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28th February 2026 and 28th February 2025:

28.2.26

28.2.25

£

P R Williams

Balance outstanding at start of year

-

1,927

Amounts advanced

36,853

-

Amounts repaid

-

(1,927

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

36,853

-

E M R Williams

Balance outstanding at start of year

-

Amounts advanced

10,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

10,000

-

H G R Williams

Balance outstanding at start of year

-

27,932

Amounts repaid

-

(27,932

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

11.	ULTIMATE CONTROLLING PARTY

Anne Williams is the ultimate controlling party.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P R Williams Legal Limited for the year ended 28th February 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of P R Williams Legal Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P R Williams Legal Limited and state those matters that we have agreed to state to the Board of Directors of P R Williams Legal Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P R Williams Legal Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P R Williams Legal Limited. You consider that P R Williams Legal Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P R Williams Legal Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wildin (Accountants & Auditors) Ltd

Kings Buildings

Lydney

Gloucestershire

GL15 5HE

Date: 29th September 2026