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REGISTERED NUMBER: OC379225 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

PETER CLARKE SOLICITORS LLP

PETER CLARKE SOLICITORS LLP (REGISTERED NUMBER: OC379225)

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










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PETER CLARKE SOLICITORS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DESIGNATED MEMBERS: D Adams
S J Tricker





REGISTERED OFFICE: 63 Commercial Road
Totton
Southampton
SO41 3AH





REGISTERED NUMBER: OC379225 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

PETER CLARKE SOLICITORS LLP (REGISTERED NUMBER: OC379225)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,159 2,879

CURRENT ASSETS
Debtors 5 105,214 66,613
Cash at bank 49,147 27,980
154,361 94,593
CREDITORS
Amounts falling due within one year 6 128,815 97,363
NET CURRENT ASSETS/(LIABILITIES) 25,546 (2,770 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

27,705

109

LOANS AND OTHER DEBTS DUE TO
MEMBERS

27,705

109

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 27,705 109
Amounts due from members 5 (20,650 ) (16,936 )
7,055 (16,827 )

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.

PETER CLARKE SOLICITORS LLP (REGISTERED NUMBER: OC379225)

BALANCE SHEET - 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.

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 29th January 2025 and were signed by:





D Adams - Designated member

PETER CLARKE SOLICITORS LLP (REGISTERED NUMBER: OC379225)

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


1. STATUTORY INFORMATION

Peter Clarke 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, which is stated net of value added tax, represents the value of professional services provided to clients during the year.

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 - 25% on reducing balance
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.

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.

Tax provisions
The taxation payable on the profits of the LLP is solely the personal liability of the members during the period.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - 4 ) .

PETER CLARKE SOLICITORS LLP (REGISTERED NUMBER: OC379225)

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


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1st April 2023
and 31st March 2024 24,704 20,513 45,217
DEPRECIATION
At 1st April 2023 23,274 19,064 42,338
Charge for year 358 362 720
At 31st March 2024 23,632 19,426 43,058
NET BOOK VALUE
At 31st March 2024 1,072 1,087 2,159
At 31st March 2023 1,430 1,449 2,879

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 67,155 47,335
Amounts due from members 20,650 16,936
Other debtors 15,000 270
Client account balance 120 315
Prepayments 2,289 1,757
105,214 66,613

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 74,655 67,264
Social security and other taxes 970 -
VAT 18,115 12,415
Other creditors 12,025 -
Accruals and deferred income 23,050 17,684
128,815 97,363