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REGISTERED NUMBER: OC351476 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CHRISTOPHER DAVIDSON SOLICITORS LLP

CHRISTOPHER DAVIDSON SOLICITORS LLP (REGISTERED NUMBER: OC351476)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

CHRISTOPHER DAVIDSON SOLICITORS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: K A Ellis
S D Felts
D R Mason





REGISTERED OFFICE: 2 & 3 Oriel Terrace
Oriel Road
Cheltenham
Gloucestershire
GL50 1XP





REGISTERED NUMBER: OC351476 (England and Wales)





ACCOUNTANTS: BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

CHRISTOPHER DAVIDSON SOLICITORS LLP (REGISTERED NUMBER: OC351476)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,148 9,621

CURRENT ASSETS
Stocks 3,360 3,360
Debtors 5 340,376 458,109
Cash at bank and in hand 39,489 33,732
383,225 495,201
CREDITORS
Amounts falling due within one year 6 (190,498 ) (156,912 )
NET CURRENT ASSETS 192,727 338,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,875

347,910

CREDITORS
Amounts falling due after more than
one year

7

(8,120

)

(40,599

)
NET ASSETS ATTRIBUTABLE TO
MEMBERS

193,755

307,311

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

193,755

307,311

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 193,755 307,311

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.

CHRISTOPHER DAVIDSON SOLICITORS LLP (REGISTERED NUMBER: OC351476)

STATEMENT OF FINANCIAL POSITION - 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 3 October 2024 and were signed by:





K A Ellis - Designated member

CHRISTOPHER DAVIDSON SOLICITORS LLP (REGISTERED NUMBER: OC351476)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Christopher Davidson 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover is the revenue arising from the sale of services. It is stated at fair value of consideration receivable net of Value Added Tax. Revenue is recognised when the LLP has performed its obligations and, in exchange, obtained the right consideration.

Disbursements incurred on behalf of clients during the year are included in turnover. No profit is made on these disbursements.

Revenue is recognised in accordance with the requirements of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" so that the estimated sales value of work done is accounted for in proportion to the stage of completion of that work, taking into account any uncertainties as to recovery.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Equipment - 33% on cost and 25% on cost

All fixed assets are initially recorded at cost. The library assets are constantly being replaced and the value is not subject to material variation. All library additions are expensed in the year that they are purchased.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

CHRISTOPHER DAVIDSON SOLICITORS LLP (REGISTERED NUMBER: OC351476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Members' participation rights
Under the Members' Agreement, to which the LLP is a party, all profits are treated as being allocated in the financial year and are therefore disclosed as members' remuneration charged as an expense.

The LLP has no right to refuse payment to the members for their capital and therefore it has been treated as a financial liability. Where members' capital accounts are overdrawn they are presented as an asset and disclosed as amounts due from members.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 16 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Library Totals
£    £    £    £   
COST
At 1 April 2023 58,752 27,088 48,423 134,263
Additions - 1,685 - 1,685
At 31 March 2024 58,752 28,773 48,423 135,948
DEPRECIATION
At 1 April 2023 56,585 24,634 43,423 124,642
Charge for year 217 1,941 - 2,158
At 31 March 2024 56,802 26,575 43,423 126,800
NET BOOK VALUE
At 31 March 2024 1,950 2,198 5,000 9,148
At 31 March 2023 2,167 2,454 5,000 9,621

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 24,480 94,893
Work in progress 265,269 316,223
Prepayments 50,627 46,993
340,376 458,109

CHRISTOPHER DAVIDSON SOLICITORS LLP (REGISTERED NUMBER: OC351476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Loans 57,736 39,530
Trade creditors 1,717 737
Social security and other taxes 10,262 10,289
VAT 63,932 46,362
Amount due to prior member 32,480 32,480
Accrued expenses 24,371 27,514
190,498 156,912

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts due to prior member 8,120 40,599

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 31.3.23
£    £   
Amounts owed to members in respect of profits 193,755 307,311

Falling due within one year 193,755 307,311

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

9. RELATED PARTY TRANSACTIONS

The LLP rents part of its trading property from 2 & 3 Oriel Terrace Trust ("the Trust"), a partnership between the members of the LLP. During the year the LLP paid rent of £35,000 (2023: £35,000) to the Trust. At 31 March 2024 there was no balance outstanding between the parties (2023: £nil).

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CHRISTOPHER DAVIDSON 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 Statement of Financial Position. 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 Christopher Davidson Solicitors LLP for the year ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the members of Christopher Davidson 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 Christopher Davidson Solicitors LLP and state those matters that we have agreed to state to the members of Christopher Davidson Solicitors LLP, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Christopher Davidson 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 Christopher Davidson Solicitors LLP. You consider that Christopher Davidson Solicitors LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Christopher Davidson 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.






BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


4 October 2024