ACCOUNTS - Final Accounts preparation

BLOSSOM LAW SOLICITORS LLP - Company Information

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Registered number: OC369950

BLOSSOM LAW SOLICITORS LLP

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

BLOSSOM LAW SOLICITORS LLP

REGISTERED NUMBER: OC369950

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2023

		2023		2022
Note		£		£


Fixed assets		3,133		4,177
		3,133		4,177
Current assets	100,326		113,050
Creditors: amounts falling due within one year	(9,064)		(13,518)
Net current assets		91,262		99,532
Total assets less current liabilities		94,395		103,709
Creditors: amounts falling due after more than one year		(19,503)		(20,054)
		74,892		83,655
Net assets attributable to members		74,892		83,655

Total members' interests			74,892		83,655

Notes

General information

BLossom Law Solicitors LLP is a limited liability partnbership registered in England and Wales. Its registration number is OC369950 and its registered office address is at The Powerhouse, 21 Woodthorpe Road, Ashford, Middlesex, England, TW15 2RP.

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BLOSSOM LAW SOLICITORS LLP

REGISTERED NUMBER: OC369950

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2023

Average number of employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 1).

Members' confirmations

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro LLPs regime.

The entity was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 4 July 2023.

Oyenmwen Roli Edokpolor

Designated member

Blossom Law Solicitors LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

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BLOSSOM LAW SOLICITORS LLP

RECONCILIATION OF MEMBERS' INTERESTS

FOR THE YEAR ENDED 31 JANUARY 2023


	EQUITY Members' other interests
	Members' capital (classified as equity)	Other reserves	Total
	£	£	£
Balance at 31 January 2022	83,655	-	83,655
Profit for the year available for discretionary division among members	-	106,820	106,820
Members' interests after profit for the year	83,655	106,820	190,475
Drawings	(115,583)	-	(115,583)
Balance at 31 January 2023	(31,928)	106,820	74,892

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

1.1

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense' in.

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