Nelson Legal LLP,Ltd - AccountsLLP- Accounts
Nelson Legal LLP,Ltd - AccountsLLP- Accounts
Registered Number:OC353099 |
For the year ended 31 March 2023
England and Wales
Report of the Members and Unaudited Financial Statements
2
For the year ended 31 March 2023
Nelson Legal LLP
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number : |
As at |
Nelson Legal LLP
Statement of Financial Position
2022
£ |
£ |
2023
Notes |
Fixed assets |
Property, plant and equipment |
3
Current assets |
Trade and other receivables |
4
Cash and cash equivalents |
Trade and other payables: amounts falling due within one |
year |
(85,022 )
(100,027 )
5
31,799
Net current assets
Total assets less current liabilities |
Trade and other payables: amounts falling due after more |
than one year |
(31,667 )
(21,667 )
6
Net assets attributable to members
Members' other interests |
Other reserves |
627
1,647
627
1,647
Total members' interests |
Members' other interests |
627
1,647
627
1,647
(b) preparing financial statements which give a true and fair view of the state of affair of the LLP as at the end of each |
financial year and of its profit or loss for each year in accordance with the requirements of Sections 394 and 395 |
and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited |
Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
financial statements, so far as applicable to the LLP |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
1 of 5
4
Registered Number : |
For the year ended 31 March 2023
Nelson Legal LLP
Statement of Financial Position Continued
These financial statements were approved by the members on 11 September 2023 and signed on their behalf by:
2 of 5
5
For the year ended 31 March 2023
Nelson Legal LLP
Notes to the Financial Statements
1. Accounting policies |
Statutory Information
Nelson Legal LLP is a limited liability partnership, domiciled in England and Wales, registration number OC353099. |
Registered address: |
Corona Buildings
Wood Road
Kingswood
Bristol
BS15 8DT
The presentation currency is £ sterling. |
Basis of preparation
The report and financial statements for the year ended 31 March 2023 have been prepared under the historical cost |
convention and in accordance with the Section 1A of Financial Reporting Standard 102 'The Financial Reporting |
Standard applicable in the UK and Republic of Ireland' and the Statement of Recommended Practice "Accounting by |
Limited Liability Partnerships". |
Turnover
Depreciation of tangible fixed assets
Computer equipment
Fixtures and fittings
Leasing and hire purchase commitments
2. Interest payable and similar charges |
2023
2022
£ |
£ |
Interest payable on bank borrowing |
927
958
3 of 5
6
For the year ended 31 March 2023
Nelson Legal LLP
Notes to the Financial Statements Continued
3. Property, plant and equipment |
Total |
Computer |
equipment |
Fixtures and |
fittings |
£ |
£ |
£ |
Cost or |
valuation |
At 01 April 2022 |
At 31 March 2023 |
Provision for depreciation and impairment |
At 01 April 2022 |
Charge for year
At 31 March 2023 |
At 31 March 2023 |
Net book value |
At 31 March 2022 |
4. Trade and other receivables |
2023
2022
£ |
£ |
Trade debtors |
Prepayments & accrued income |
Other debtors |
5. Trade and other payables: amounts falling due within one year |
2022
2023
£ |
£ |
Bank loans and overdraft |
Bank loans and overdraft |
-
1,981
Trade creditors |
Taxation and social security |
6. Trade and other payables: amounts falling due after more than one year |
2023
2022
£ |
£ |
Bank loans and overdraft |
7. Average number of persons employed |
During the year the average number of employees was 0
4 of 5
7
For the year ended 31 March 2023
Nelson Legal LLP
Notes to the Financial Statements Continued
8. Related party transactions |
Nelson Legal U.K. Ltd |
The LLP received legal services from Nelson Legal U.K. Ltd during the year amounting to £298,000 (2022: |
£246,500) which are included within Cost of Sales. |
The amount oustanding at the balance sheet date was £74,736 (2022: £65,260). |
5 of 5