IRIS Accounts Production v24.1.4.33 OC321150 designated member designated member 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3211502023-03-31OC3211502024-03-31OC3211502023-04-012024-03-31OC3211502022-03-31OC3211502022-04-012023-03-31OC3211502023-03-31OC321150ns15:EnglandWales2023-04-012024-03-31OC321150ns14:PoundSterling2023-04-012024-03-31OC321150ns10:Director12023-04-012024-03-31OC321150ns10:Director22023-04-012024-03-31OC321150ns10:LimitedLiabilityPartnershipLLP2023-04-012024-03-31OC321150ns10:SmallEntities2023-04-012024-03-31OC321150ns10:AuditExemptWithAccountantsReport2023-04-012024-03-31OC321150ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31OC321150ns10:LimitedLiabilityPartnershipsSORP2023-04-012024-03-31OC321150ns10:FullAccounts2023-04-012024-03-31OC321150ns10:RegisteredOffice2023-04-012024-03-31OC321150ns5:CurrentFinancialInstruments2024-03-31OC321150ns5:CurrentFinancialInstruments2023-03-31OC321150ns5:PlantMachinery2023-03-31OC321150ns5:PlantMachinery2024-03-31OC321150ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-31OC321150ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: OC321150 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Mortimer Isaacs Consultancy LLP

Mortimer Isaacs Consultancy LLP (Registered number: OC321150)






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




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Mortimer Isaacs Consultancy LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: A Isaacs
Mrs D Isaacs





REGISTERED OFFICE: The Old School
Exton Street
London
SE1 8UE





REGISTERED NUMBER: OC321150 (England and Wales)





ACCOUNTANTS: Hicks and Company
Chartered Accountants
Vaughan Chambers
Vaughan Road
Harpenden
Hertfordshire
AL5 4EE

Mortimer Isaacs Consultancy LLP (Registered number: OC321150)

Report of the Members
for the Year Ended 31 March 2024

The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

DESIGNATED MEMBERS
The designated members during the year under review were:

A Isaacs
Mrs D Isaacs

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £682,093 (2023 - £576,404 profit).

MEMBERS' INTERESTS

POLITICAL DONATIONS AND EXPENDITURE
The Donations of £2,400 are charitable donations and not political donations.

ON BEHALF OF THE MEMBERS:





A Isaacs - Designated member


31 July 2024

Mortimer Isaacs Consultancy LLP (Registered number: OC321150)

Income Statement
for the Year Ended 31 March 2024

31.3.24 31.3.23
Notes £    £   

TURNOVER 1,213,208 1,070,470

Cost of sales 52,605 19,762
GROSS PROFIT 1,160,603 1,050,708

Administrative expenses 480,896 474,829
679,707 575,879

Other operating income 2,386 525
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


682,093


576,404

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


682,093


576,404

Members' remuneration charged as an
expense

4

(682,093

)

(576,404

)
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

Mortimer Isaacs Consultancy LLP (Registered number: OC321150)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 6 192,421 197,080
Cash at bank 191,013 279,393
383,434 476,473
CREDITORS
Amounts falling due within one year 7 89,924 101,753
NET CURRENT ASSETS 293,510 374,720
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

293,510

374,720

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

293,510

374,720

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 293,510 374,720

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.

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

The financial statements were approved by the members of the LLP and authorised for issue on 31 July 2024 and were signed by:




A Isaacs - Designated member



Mrs D Isaacs - Designated member


Mortimer Isaacs Consultancy LLP (Registered number: OC321150)

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

1. STATUTORY INFORMATION

Mortimer Isaacs Consultancy 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.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 6 (2023 - 5 ) .

4. INFORMATION IN RELATION TO MEMBERS
31.3.24 31.3.23
£    £   
Members' remuneration charged as an expense
Automatic division of profit 682,093 576,404

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 18,953
DEPRECIATION
At 1 April 2023
and 31 March 2024 18,953
NET BOOK VALUE
At 31 March 2024 -

Mortimer Isaacs Consultancy LLP (Registered number: OC321150)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 188,921 191,899
Other debtors 3,500 5,181
192,421 197,080

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors (2 ) -
Taxation and social security 87,799 98,881
Other creditors 2,127 2,872
89,924 101,753

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

The Loans and other debts due to members is due in more than one year