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REGISTERED NUMBER: OC445648 (England and Wales)












Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Hamblin Family Law LLP

Hamblin Family Law LLP (Registered number: OC445648)






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




Page

General Information 1

Report of the Members 2

Income Statement 3

Other Comprehensive Income 4

Balance Sheet 5

Reconciliation of Members' Interests 6

Notes to the Financial Statements 8


Hamblin Family Law LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: G I Jorgensen (Hamblin)
E Jorgensen





REGISTERED OFFICE: 36-38 Cornhill
London
England
EC3V 3NG





REGISTERED NUMBER: OC445648 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

Hamblin Family Law LLP (Registered number: OC445648)

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.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of a legal practice.

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

G I Jorgensen (Hamblin)
E Jorgensen

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £251,718 (2023 - £6,302 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





G I Jorgensen (Hamblin) - Designated member


4 November 2024

Hamblin Family Law LLP (Registered number: OC445648)

Income Statement
for the Year Ended 31 March 2024

Period
2.2.23
Year Ended to
31.3.24 31.3.23
Notes £    £   

TURNOVER 373,388 -

Cost of sales 20,202 -
GROSS PROFIT 353,186 -

Administrative expenses 102,248 6,302
OPERATING PROFIT/(LOSS) 4 250,938 (6,302 )

Interest receivable and similar income 780 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





251,718





(6,302





)

Hamblin Family Law LLP (Registered number: OC445648)

Other Comprehensive Income
for the Year Ended 31 March 2024

Period
2.2.23
Year Ended to
31.3.24 31.3.23
Notes £    £   

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





251,718





(6,302





)


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

251,718

(6,302

)

Hamblin Family Law LLP (Registered number: OC445648)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 404 539

CURRENT ASSETS
Debtors 6 19,780 -
Cash at bank 164,311 -
184,091 -
CREDITORS
Amounts falling due within one year 7 26,019 300
NET CURRENT ASSETS/(LIABILITIES) 158,072 (300 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

158,476

239

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

158,476

239

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 158,476 239

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 4 November 2024 and were signed by:





G I Jorgensen (Hamblin) - Designated member

Hamblin Family Law LLP (Registered number: OC445648)

Reconciliation of Members' Interests
for the Year Ended 31 March 2024


EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members 239
Amount due from members -
Balance at 1 April 2023 - 239 239
Profit for the financial year
available for discretionary division
among members


251,718


-


251,718


Members' interests after profit for
the year

251,718

239

251,957

Other divisions of profit (251,718 ) 251,718 -
Introduced by members - 12,000 12,000
Drawings on account and
distributions of profit

-

(105,481

)

(105,481

)

Amount due to members 158,476
Amount due from members -
Balance at 31 March 2024 - 158,476 158,476

Hamblin Family Law LLP (Registered number: OC445648)

Reconciliation of Members' Interests
for the Year Ended 31 March 2024

EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors

Other Other
reserves amounts Total
£    £    £   
Amount due to members -
Amount due from members -
Balance at 2 February 2023 - - -
Loss for the financial year available
for discretionary division among
members


(6,302


)


-


(6,302


)


Members' interests after loss for the
year

(6,302

)

-

(6,302

)

Other divisions of loss 6,302 (6,302 ) -
Introduced by members - 6,541 6,541
Amount due to members 239
Amount due from members -
Balance at 31 March 2023 - 239 239

Hamblin Family Law LLP (Registered number: OC445648)

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

1. STATUTORY INFORMATION

Hamblin Family Law 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 the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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.

Functional currency
The functional currency used by the LLP is £ Sterling.

Financial instruments
Basic financial instruments comprising debtors, bank and cash balances are disclosed at fair value.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - NIL ) .

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

Period
2.2.23
Year Ended to
31.3.24 31.3.23
£    £   
Depreciation - owned assets 135 180

Hamblin Family Law LLP (Registered number: OC445648)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 719
DEPRECIATION
At 1 April 2023 180
Charge for year 135
At 31 March 2024 315
NET BOOK VALUE
At 31 March 2024 404
At 31 March 2023 539

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 14,020 -
Other debtors 5,760 -
19,780 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,417 -
VAT 21,102 -
Accrued expenses 2,500 300
26,019 300

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 158,476 239

Falling due within one year 158,476 239

At the balance sheet date, the LLP owed the members the following amounts:

G I Jorgensen £120,718
E Jorgensen - £ 37,758