IRIS Accounts Production v23.3.0.418 OC319059 designated member 1.7.22 30.6.23 30.6.23 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3190592022-06-30OC3190592023-06-30OC3190592022-07-012023-06-30OC3190592021-06-30OC3190592021-07-012022-06-30OC3190592022-06-30OC319059ns10:Originalns15:EnglandWales2022-07-012023-06-30OC319059ns14:PoundSterlingns10:Original2022-07-012023-06-30OC319059ns10:Originalns10:Director12022-07-012023-06-30OC319059ns10:Original2022-07-012023-06-30OC319059ns10:Original2023-06-30OC319059ns10:Originalns10:LimitedLiabilityPartnershipLLP2022-07-012023-06-30OC319059ns10:Originalns10:SmallEntities2022-07-012023-06-30OC319059ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-30OC319059ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-30OC319059ns10:LimitedLiabilityPartnershipsSORPns10:Original2022-07-012023-06-30OC319059ns10:Originalns10:FullAccounts2022-07-012023-06-30OC319059ns10:Originalns10:Director22022-07-012023-06-30OC319059ns10:Originalns10:Director32022-07-012023-06-30OC319059ns10:Originalns10:Director42022-07-012023-06-30OC319059ns10:Originalns10:Director52022-07-012023-06-30OC319059ns10:Originalns10:RegisteredOffice2022-07-012023-06-30OC319059ns10:Original2022-06-30OC319059ns10:Originalns5:CurrentFinancialInstruments2023-06-30OC319059ns10:Originalns5:CurrentFinancialInstruments2022-06-30OC319059ns10:Originalns5:Non-currentFinancialInstruments2023-06-30OC319059ns10:Originalns5:Non-currentFinancialInstruments2022-06-30OC319059ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-07-012023-06-30OC319059ns10:Originalns5:FurnitureFittings2022-07-012023-06-30OC319059ns10:Originalns5:MotorVehicles2022-07-012023-06-30OC319059ns10:Originalns5:ComputerEquipment2022-07-012023-06-30OC319059ns10:Original2021-07-012022-06-30OC319059ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-30OC319059ns10:Originalns5:FurnitureFittings2022-06-30OC319059ns10:Originalns5:MotorVehicles2022-06-30OC319059ns10:Originalns5:ComputerEquipment2022-06-30OC319059ns10:Original2022-06-30OC319059ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-06-30OC319059ns10:Originalns5:FurnitureFittings2023-06-30OC319059ns10:Originalns5:MotorVehicles2023-06-30OC319059ns10:Originalns5:ComputerEquipment2023-06-30OC319059ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-30OC319059ns10:Originalns5:FurnitureFittings2022-06-30OC319059ns10:Originalns5:MotorVehicles2022-06-30OC319059ns10:Originalns5:ComputerEquipment2022-06-30OC319059ns10:Originalns5:ComputerEquipmentns5:LeasedAssetsHeldAsLessee2022-07-012023-06-30OC319059ns10:Originalns5:ComputerEquipmentns5:LeasedAssetsHeldAsLessee2023-06-30OC319059ns10:Originalns5:CostValuation2022-06-30OC319059ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30OC319059ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30OC319059ns10:Originalns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-30OC319059ns10:Originalns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-30OC319059ns5:BetweenOneFiveYearsns10:Originalns5:HirePurchaseContracts2023-06-30OC319059ns5:BetweenOneFiveYearsns10:Originalns5:HirePurchaseContracts2022-06-30OC319059ns10:Originalns5:HirePurchaseContracts2023-06-30OC319059ns10:Originalns5:HirePurchaseContracts2022-06-30OC319059ns10:Originalns5:WithinOneYear2023-06-30OC319059ns10:Originalns5:WithinOneYear2022-06-30OC319059ns5:BetweenOneFiveYearsns10:Original2023-06-30OC319059ns5:BetweenOneFiveYearsns10:Original2022-06-30OC319059ns10:Originalns5:MoreThanFiveYears2023-06-30OC319059ns10:Originalns5:MoreThanFiveYears2022-06-30OC319059ns10:Originalns5:AllPeriods2023-06-30OC319059ns10:Originalns5:AllPeriods2022-06-30OC319059ns5:Securedns10:Original2023-06-30OC319059ns5:Securedns10:Original2022-06-30
REGISTERED NUMBER: OC319059 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Blackett Hart & Pratt LLP

Blackett Hart & Pratt LLP (Registered number: OC319059)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Blackett Hart & Pratt LLP

General Information
for the Year Ended 30 June 2023







DESIGNATED MEMBERS: J A Pratt
H Biglin
P R Blackett
A Hewitson
K S Pratt





REGISTERED OFFICE: Westgate House
Faverdale
DARLINGTON
Co Durham
DL3 0PZ





REGISTERED NUMBER: OC319059 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
140 Coniscliffe Road
DARLINGTON
Co Durham
DL3 7RT

Blackett Hart & Pratt LLP (Registered number: OC319059)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 157,869 61,649
Investments 5 95 95
157,964 61,744

CURRENT ASSETS
Debtors 6 3,695,261 3,538,500
Cash in hand 950 950
3,696,211 3,539,450
CREDITORS
Amounts falling due within one year 7 1,097,735 1,110,871
NET CURRENT ASSETS 2,598,476 2,428,579
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,756,440

2,490,323

CREDITORS
Amounts falling due after more than one
year

8

40,920

-
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,715,520

2,490,323

Blackett Hart & Pratt LLP (Registered number: OC319059)

Balance Sheet - continued
30 June 2023

2023 2022
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

12

443,574

182,457

MEMBERS' OTHER INTERESTS
Capital accounts 2,271,946 2,307,866
2,715,520 2,490,323

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 12 443,574 182,457
Members' other interests 2,271,946 2,307,866
Amounts due from members 6 (702,172 ) (994,558 )
2,013,348 1,495,765

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 30 June 2023.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 October 2023 and were signed by:





J A Pratt - Designated member

Blackett Hart & Pratt LLP (Registered number: OC319059)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Blackett Hart & Pratt LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Preparation of consolidated financial statements
The financial statements contain information about Blackett Hart & Pratt LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

Turnover
Turnover represents amounts charged to clients for professional services provided during the year excluding VAT and third-party invoiced disbursements. Revenue is recognised on an individual engagement basis when the right to consideration has been obtained from the client in exchange for work performed and where the recoverability of the consideration can be assessed with reasonable probability. Turnover in respect of contingent fee assignments (over and above any agreed minimum fee) is only recognised when the contingent event occurs and recoverability of the fee is assured.

Unbilled turnover on individual client assignments is included in amounts recoverable on contracts within debtors.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold - over period of the lease
Office equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Taxation
Income tax payable on the profits of the LLP is solely the personal liability of the individual members and consequently is not dealt with in these financial statements.

Blackett Hart & Pratt LLP (Registered number: OC319059)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued

Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with FRS 102. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Profits are classed as an appropriation of equity rather than as an expense and are shown as a residual amount available for discretionary division among members in the Profit and Loss Account and are equity appropriations in the Balance Sheet.

Amounts due to members that are classified as equity are shown in the Balance Sheet within 'Loans and other debts due to members'.

Professional indemnity claims
The LLP may be involved in disputes in the ordinary course of business, which may give rise to claims. The LLP carries professional indemnity insurance and the cost of premiums is charged to the profit and loss account over the period of such insurance. A provision is made for the excess costs which are not covered by professional indemnity insurance.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 110 (2022 - 106 ) .

4. TANGIBLE FIXED ASSETS
Short Office Motor Computer
leasehold equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 July 2022 431,031 273,294 8,676 228,283 941,284
Additions - - - 114,531 114,531
At 30 June 2023 431,031 273,294 8,676 342,814 1,055,815
DEPRECIATION
At 1 July 2022 417,541 242,950 7,899 211,245 879,635
Charge for year 2,006 4,548 194 11,563 18,311
At 30 June 2023 419,547 247,498 8,093 222,808 897,946
NET BOOK VALUE
At 30 June 2023 11,484 25,796 583 120,006 157,869
At 30 June 2022 13,490 30,344 777 17,038 61,649

Blackett Hart & Pratt LLP (Registered number: OC319059)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Computer
equipment
£   
COST
Additions 114,531
At 30 June 2023 114,531
DEPRECIATION
Charge for year 7,635
At 30 June 2023 7,635
NET BOOK VALUE
At 30 June 2023 106,896

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022
and 30 June 2023 95
NET BOOK VALUE
At 30 June 2023 95
At 30 June 2022 95

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 430,614 434,647
Amounts owed by group undertakings 182,284 297,357
Amounts due from members 702,172 994,558
Amounts recoverable on
contracts 2,165,835 1,601,477
Other debtors - 1,592
Prepayments and accrued income 214,356 208,869
3,695,261 3,538,500

Blackett Hart & Pratt LLP (Registered number: OC319059)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 9) 62,290 199,346
Other loans (see note 9) 57,805 51,826
Hire purchase contracts (see note 10) 50,298 -
Trade creditors 87,615 130,465
Social security and other taxes 340,872 253,970
Other creditors 98,214 9,757
Accruals and deferred income 400,641 465,507
1,097,735 1,110,871

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts (see note 10) 40,920 -

9. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 62,290 66,013
Bank loans - less than 1 yr - 133,333
Other loans 57,805 51,826
120,095 251,172

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2023 2022
£    £   
Net obligations repayable:
Within one year 50,298 -
Between one and five years 40,920 -
91,218 -

Non-cancellable operating leases
2023 2022
£    £   
Within one year 87,837 68,528
Between one and five years 87,923 98,392
In more than five years 467 2,334
176,227 169,254

Blackett Hart & Pratt LLP (Registered number: OC319059)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

11. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 62,290 66,013
Bank loans - 133,333
Hire purchase contracts 91,218 -
153,508 199,346

The overdraft and bank loan are secured by a fixed and floating charge over the assets of the LLP. The bank loan was repaid during the year.

Hire purchase liabilities are secured on the assets to which they relate.

12. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£    £   
Amounts owed to members in respect of profits 443,574 182,457

Falling due within one year 443,574 182,457

13. RELATED PARTY DISCLOSURES

In the prior year there was a full reversal of the remaining provision against an inter-company loan with the subsidiary of £399,803. . The result being that a debtor balance of £297,357 was included on the balance sheet at 30 June 2022. This balance has reduced to £182,284 at 30 June 2023.