REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2023 |
for |
Gordons Legal LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 August 2023 |
for |
Gordons Legal LLP |
Gordons Legal LLP (Registered number: OC326572) |
Contents of the Financial Statements |
for the Year Ended 31 August 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Gordons Legal LLP |
General Information |
for the Year Ended 31 August 2023 |
DESIGNATED MEMBERS: |
G Skivington |
Ms S M Brown |
M E Turpie |
P M Norris |
C A Gordon |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
TOR |
Saint-Cloud Way |
Maidenhead |
Berkshire |
SL6 8BN |
Gordons Legal LLP (Registered number: OC326572) |
Balance Sheet |
31 August 2023 |
31.8.23 | 31.8.22 |
£ | £ |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET LIABILITIES ATTRIBUTABLE TO MEMBERS | - | - |
LOANS AND OTHER DEBTS DUE TO MEMBERS | - | - |
TOTAL MEMBERS' INTERESTS |
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. |
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 Income Statement has not been delivered. |
Gordons Legal LLP (Registered number: OC326572) |
Balance Sheet - continued |
31 August 2023 |
The financial statements were approved by the members of the LLP and authorised for issue on |
Gordons Legal LLP (Registered number: OC326572) |
Notes to the Financial Statements |
for the Year Ended 31 August 2023 |
1. | STATUTORY INFORMATION |
Gordons Legal LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. |
The company does not make significant estimates and assumptions concerning the future. |
Changes in accounting policies |
These accounts reflect the first year that the company has adopted FRS 102. The prior year financial statements were restated for adoption of FRS 102 in the current year. There were no material adjustments arising. |
Remuneration of members |
The allocation of profits to those who were members during the financial period occurs following the finalisation of the annual financial statements. As is permitted by the Limited Liability Partnership Regulations and the Gordons Solicitors LLP Limited Liability Partnership agreement, allocated profits may not necessarily represent all the profits arising in a particular financial year, if the Members consider it appropriate to retain profits or allocate profits previously retained. Unallocated amounts are shown in "Members' other interests". |
Claims |
Provision is made on a case by case basis in respect of the cost of defending claims and where appropriate the estimated cost to the firm of settling claims, net of expected insurance recoveries. |
Capital |
The capital requirements of the partnership are determined from time to time by the Members. Certain members are required to subscribe a proportion of the Capital, the amount usually being linked to the earnings allocated to that member. On leaving the partnership a member's capital is repaid according to the Limited Liability Partnership Agreement. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2022 - NIL). |