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REGISTERED NUMBER: OC319635 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Chase Sinclair Clark LLP

Chase Sinclair Clark LLP (Registered number: OC319635)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chase Sinclair Clark LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Ms V E Clark
J A S Clark





REGISTERED OFFICE: 2nd Floor
7/8 Market Place
London
W1W 8AG





REGISTERED NUMBER: OC319635 (England and Wales)





ACCOUNTANTS: K H Accounting
12 Montgomery Road
Newbury
Berkshire
RG14 6HU

Chase Sinclair Clark LLP (Registered number: OC319635)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,014 4,875

CURRENT ASSETS
Debtors 5 23,407 202,007
Cash at bank and in hand 152,816 84,125
176,223 286,132
CREDITORS
Amounts falling due within one year 6 74,712 264,323
NET CURRENT ASSETS 101,511 21,809
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

103,525

26,684

LOANS AND OTHER DEBTS DUE
TO MEMBERS

7

103,525

26,684

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

103,525

26,684
Amounts due from members 5 - (138 )
103,525 26,546

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 31 March 2024.

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.

Chase Sinclair Clark LLP (Registered number: OC319635)

Balance Sheet - continued
31 March 2024


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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 July 2024 and were signed by:





Ms V E Clark - Designated member

Chase Sinclair Clark LLP (Registered number: OC319635)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Chase Sinclair Clark 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipmt - 25% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2023 - 2 ) .

Chase Sinclair Clark LLP (Registered number: OC319635)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Office
equipmt
£   
COST
At 1 April 2023
and 31 March 2024 21,653
DEPRECIATION
At 1 April 2023 16,778
Charge for year 2,861
At 31 March 2024 19,639
NET BOOK VALUE
At 31 March 2024 2,014
At 31 March 2023 4,875

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 10,047 177,277
Amounts owed by associates - 18,990
Amounts due from members - 138
Other debtors - 900
Prepayments 13,360 4,702
23,407 202,007

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 11,453 3,345
Social security and other taxes - 5,695
VAT 26,266 15,351
Other creditors - 214,309
Accrued expenses 36,993 25,623
74,712 264,323

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Debts due from members would rank the same as other debt.