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REGISTERED NUMBER: OC353862 (England and Wales)















Unaudited Financial Statements

for the Period 1 January 2023 to 31 March 2024

for

Wilkins Solicitors LLP

Wilkins Solicitors LLP (Registered number: OC353862)






Contents of the Financial Statements
for the Period 1 January 2023 to 31 March 2024




Page

General Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Wilkins Solicitors LLP

General Information
for the Period 1 January 2023 to 31 March 2024







DESIGNATED MEMBERS: R T Smith
E M Feeney
A.M. Roe
P T Tedder





REGISTERED OFFICE: Lincoln House
6 Church Street
Aylesbury
Buckinghamshire
HP20 2QS





REGISTERED NUMBER: OC353862 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Wilkins Solicitors LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Wilkins Solicitors LLP for the period ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Wilkins Solicitors LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wilkins Solicitors LLP and state those matters that we have agreed to state to the members of Wilkins Solicitors LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wilkins Solicitors LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Wilkins Solicitors LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wilkins Solicitors LLP. You consider that Wilkins Solicitors LLP is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Wilkins Solicitors LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


1 October 2024

Wilkins Solicitors LLP (Registered number: OC353862)

Balance Sheet
31 March 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 74,648 56,703

CURRENT ASSETS
Debtors 5 256,839 393,898
Prepayments and accrued income 20,205 36,530
Cash in hand 541 254
277,585 430,682
CREDITORS
Amounts falling due within one year 6 243,737 245,210
NET CURRENT ASSETS 33,848 185,472
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

108,496

242,175

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

108,496

242,175

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 108,496 242,175
Amounts due from members 5 (4,890 ) -
103,606 242,175

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 period 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.

Wilkins Solicitors LLP (Registered number: OC353862)

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 1 October 2024 and were signed by:





A.M. Roe - Designated member

Wilkins Solicitors LLP (Registered number: OC353862)

Notes to the Financial Statements
for the Period 1 January 2023 to 31 March 2024

1. STATUTORY INFORMATION

Wilkins Solicitors 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 period was 18 (2022 - 13 ) .

Wilkins Solicitors LLP (Registered number: OC353862)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2023 - 85,907 53,436 139,343
Additions 1,705 33,834 - 35,539
At 31 March 2024 1,705 119,741 53,436 174,882
DEPRECIATION
At 1 January 2023 - 65,934 16,706 82,640
Charge for period 341 8,071 9,182 17,594
At 31 March 2024 341 74,005 25,888 100,234
NET BOOK VALUE
At 31 March 2024 1,364 45,736 27,548 74,648
At 31 December 2022 - 19,973 36,730 56,703

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
and 31 March 2024 17,846
DEPRECIATION
At 1 January 2023 7,808
Charge for period 2,509
At 31 March 2024 10,317
NET BOOK VALUE
At 31 March 2024 7,529
At 31 December 2022 10,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 171,022 324,497
Amounts recoverable on contract 80,927 69,401
Other debtors 4,890 -
256,839 393,898

Wilkins Solicitors LLP (Registered number: OC353862)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Bank loans and overdrafts 173,966 164,512
Hire purchase contracts 5,948 10,197
Trade creditors 9,200 4,510
Taxation and social security 40,185 52,851
Other creditors 14,438 13,140
243,737 245,210

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts owed to members (other than members capital classified as debt) would rank above other creditors.