Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-282022-03-01falseprovision of legal services55falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC323929 2022-03-01 2023-02-28 OC323929 2021-03-01 2022-02-28 OC323929 2023-02-28 OC323929 2022-02-28 OC323929 c:FurnitureFittings 2022-03-01 2023-02-28 OC323929 c:FurnitureFittings 2023-02-28 OC323929 c:FurnitureFittings 2022-02-28 OC323929 c:FurnitureFittings c:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 OC323929 c:OfficeEquipment 2022-03-01 2023-02-28 OC323929 c:OfficeEquipment 2023-02-28 OC323929 c:OfficeEquipment 2022-02-28 OC323929 c:OfficeEquipment c:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 OC323929 c:OtherPropertyPlantEquipment 2022-03-01 2023-02-28 OC323929 c:OtherPropertyPlantEquipment 2023-02-28 OC323929 c:OtherPropertyPlantEquipment 2022-02-28 OC323929 c:OtherPropertyPlantEquipment c:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 OC323929 c:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 OC323929 c:CurrentFinancialInstruments 2023-02-28 OC323929 c:CurrentFinancialInstruments 2022-02-28 OC323929 c:CurrentFinancialInstruments c:WithinOneYear 2023-02-28 OC323929 c:CurrentFinancialInstruments c:WithinOneYear 2022-02-28 OC323929 d:FRS102 2022-03-01 2023-02-28 OC323929 d:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 OC323929 d:FullAccounts 2022-03-01 2023-02-28 OC323929 d:LimitedLiabilityPartnershipLLP 2022-03-01 2023-02-28 OC323929 2 2022-03-01 2023-02-28 OC323929 d:PartnerLLP1 2022-03-01 2023-02-28 OC323929 e:PoundSterling 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: OC323929









JOHNSON CRILLY SOLICITORS LLP








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
JOHNSON CRILLY SOLICITORS LLP
REGISTERED NUMBER: OC323929

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
30,575
30,152

Current assets
  

Work in progress
 5 
5,200
13,000

Debtors: amounts falling due within one year
 6 
205,603
217,872

Cash at bank and in hand
 7 
40,026
64,522

  
250,829
295,394

Creditors: Amounts Falling Due Within One Year
 8 
(126,477)
(176,545)

Net current assets
  
 
 
124,352
 
 
118,849

  

Net assets
  
154,927
149,001


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability

  

154,927
149,001

  


Total members' interests
  

Loans and other debts due to members
  
154,927
149,001


Page 1

 
JOHNSON CRILLY SOLICITORS LLP
REGISTERED NUMBER: OC323929
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023

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

The entity has opted not to file the statement of comprehensive income 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 25 January 2024.




P Johnson
Designated member

The notes on pages 3 to 7 form part of these financial statements.

Johnson Crilly 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.

Page 2

 
JOHNSON CRILLY SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Johnson Crilly Solicitors LLP is a limited liability partnership incorporated in England and Wales.  The address of the registered office is 26 Grosvenor Gardens, Upminster, Essex, RM14 1DJ and the principal activity during the year was the provision of legal services.  The company had 2 members during the year (2022 - 2).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the LLP will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
JOHNSON CRILLY SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

 
2.6

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 .

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Furniture and fittings
-
20%
Office equipment
-
25%
Other fixed assets
-
N/A

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Work in Progess

Work in progress is calculated by reference to the stage of completion of the transaction at the end of the reporting period.

Page 4

 
JOHNSON CRILLY SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Financial instruments

The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the LLP's balance sheet when the LLP becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).

Page 5

 
JOHNSON CRILLY SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Furniture and fittings
Office equipment
Other fixed assets
Total

£
£
£
£



Cost or valuation


At 1 March 2022
11,377
28,077
24,792
64,246


Additions
-
2,289
-
2,289



At 28 February 2023

11,377
30,366
24,792
66,535



Depreciation


At 1 March 2022
10,469
23,625
-
34,094


Charge for the year on owned assets
181
1,685
-
1,866



At 28 February 2023

10,650
25,310
-
35,960



Net book value



At 28 February 2023
727
5,056
24,792
30,575



At 28 February 2022
908
4,452
24,792
30,152


5.


Work in Progress

2023
2022
£
£

Work in progress
5,200
13,000


Page 6

 
JOHNSON CRILLY SOLICITORS LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Debtors

2023
2022
£
£


Trade debtors
173,750
189,927

Prepayments and accrued income
31,853
27,945

205,603
217,872



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
40,026
64,522



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other taxation and social security
66,238
126,935

Other creditors
39,797
26,228

Accruals and deferred income
20,442
23,382

126,477
176,545



9.


Pension commitments

The entity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the entity  in an independently administered fund. The pension cost charge represents contributions payable by the entity  to the fund and amounted to £2,063 (2022 - £1,960) . Contributions totalling £Nil (2022 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 7