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REGISTERED NUMBER: OC306936 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP

CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC306936)






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




Page

General Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP

GENERAL INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DESIGNATED MEMBERS: R M Shah
Mrs M Shah
S Shah





REGISTERED OFFICE: 173 Cleveland Street
London
W1T 6QR





REGISTERED NUMBER: OC306936 (England and Wales)





ACCOUNTANTS: Chamberlains UK LLP
173 Cleveland Street
London
W1T 6QR

CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC306936)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 2 2
2 2

CURRENT ASSETS
Debtors 1,203,701 920,127
Cash at bank and in hand 432,477 340,110
1,636,178 1,260,237
CREDITORS
Amounts falling due within one year 168,808 173,455
NET CURRENT ASSETS 1,467,370 1,086,782
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,467,372

1,086,784

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

1,467,342

1,086,754

MEMBERS' OTHER INTERESTS
Capital accounts 30 30
1,467,372 1,086,784

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 1,467,342 1,086,754
Members' other interests 30 30
1,467,372 1,086,784

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 31st 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.

CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC306936)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 16th January 2025 and were signed by:





Mrs M Shah - Designated member

CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC306936)

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

1. STATUTORY INFORMATION

Chamberlains UK Limited Liability Partnership 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.

Related party exemption
The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover and revenue recognition
Revenue is recognised to the extent that it is probable that economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable excluding discounts, rebates and VAT.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied:-

(a) the amount of revenue can be measured reliably;

(b) it is probable that the economic benefits associated with the transaction will flow to the entity;

(c) the stage of completion of the transaction at the end of the reporting period can be measured reliably; and

(d) the costs incurred for the transaction and the costs to complete the transaction can be measured reliably.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Consolidation
The limited liability partnership and its subsidiary comprise a small group and has therefore taken advantage of the exemption provided by section 398 of the Companies Act 2006. as applied to limited liability partnerships by regulation 3 of the limited liability Partnership Regulations 2001, not to prepare group accounts.

Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.

3. EMPLOYEE INFORMATION

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

CHAMBERLAINS UK LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC306936)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023
and 31st March 2024 61,328
DEPRECIATION
At 1st April 2023
and 31st March 2024 61,328
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1st April 2023
and 31st March 2024 2
NET BOOK VALUE
At 31st March 2024 2
At 31st March 2023 2

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.