Annual Report & Accounts 2026
40
INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF KEYSTONE LAW GROUP PLC
OPINION
We have audited the financial statements of Keystone Law Group plc (the ‘Parent Company’) and its subsidiaries (the ‘Group’) for the year ended 31 January 2026 which comprise the consolidated statement of comprehensive income, consolidated statement of financial position, company statement of financial position, consolidated statement of changes in equity, company statement of changes in equity, consolidated statement of cash flows, company statement of cashflows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and UK-adopted International Accounting Standards and, as regards the Parent Company financial statements, as applied in accordance with the provisions of the Companies Act 2006.
In our opinion: • the financial statements give a true and fair view of the state of the Group’s and of the Parent Company’s affairs as at 31 January 2026 and of the Group’s profit for the year then ended;
• the Group financial statements have been properly prepared in accordance with UK-adopted International Accounting Standards;
• the Parent Company financial statements have been properly prepared in accordance with UK-
adopted International Accounting Standards and as applied in accordance with the Companies Act 2006; and
• the financial statements have been prepared in accordance with the requirements of the Companies Act 2006.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Group and Parent Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard as applied to listed entities and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
SUMMARY OF OUR AUDIT APPROACH
Key audit matters
Group
• Revenue recognition and year end accrued income Parent Company
• None
Materiality
Group
• Overall materiality: £733,000 (2026: £590,000)
• Performance materiality: £550,000 (2026: £442,000)
Parent Company
• Overall materiality: £234,000 (2026: £242,000)
• Performance materiality: £175,000 (2026: £181,000)
Scope
Our audit procedures covered 100% of revenue, 100% of total assets and 100% of profit before tax.
INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF KEYSTONE LAW GROUP PLC
OPINION
We have audited the financial statements of Keystone Law Group plc (the ‘Parent Company’) and its subsidiaries (the ‘Group’) for the year ended 31 January 2026 which comprise the consolidated statement of comprehensive income, consolidated statement of financial position, company statement of financial position, consolidated statement of changes in equity, company statement of changes in equity, consolidated statement of cash flows, company statement of cashflows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and UK-adopted International Accounting Standards and, as regards the Parent Company financial statements, as applied in accordance with the provisions of the Companies Act 2006.
In our opinion: • the financial statements give a true and fair view of the state of the Group’s and of the Parent Company’s affairs as at 31 January 2026 and of the Group’s profit for the year then ended;
• the Group financial statements have been properly prepared in accordance with UK-adopted International Accounting Standards;
• the Parent Company financial statements have been properly prepared in accordance with UK-
adopted International Accounting Standards and as applied in accordance with the Companies Act 2006; and
• the financial statements have been prepared in accordance with the requirements of the Companies Act 2006.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Group and Parent Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard as applied to listed entities and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
SUMMARY OF OUR AUDIT APPROACH
Key audit matters
Group
• Revenue recognition and year end accrued income Parent Company
• None
Materiality
Group
• Overall materiality: £733,000 (2026: £590,000)
• Performance materiality: £550,000 (2026: £442,000)
Parent Company
• Overall materiality: £234,000 (2026: £242,000)
• Performance materiality: £175,000 (2026: £181,000)
Scope
Our audit procedures covered 100% of revenue, 100% of total assets and 100% of profit before tax.