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REGISTERED NUMBER: OC440730 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HOWARD & CO SOLICITORS LLP

HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HOWARD & CO SOLICITORS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DESIGNATED MEMBERS: Mr J M Reece
Mrs H Wheelhouse
Mr A Baines





REGISTERED OFFICE: 4 Victoria Road
Barnsley
South Yorkshire
S70 2BB





REGISTERED NUMBER: OC440730 (England and Wales)





ACCOUNTANTS: Gibson Booth Limited
12 Victoria Road
Barnsley
South Yorkshire
S70 2BB

HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,424 53,781

CURRENT ASSETS
Debtors 5 650,999 575,978
Cash at bank and in hand 20,841 69,646
671,840 645,624
CREDITORS
Amounts falling due within one year 6 245,553 297,400
NET CURRENT ASSETS 426,287 348,224
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

477,711

402,005

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

477,711

402,005

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 477,711 402,005

HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 30 September 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 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 31 March 2025 and were signed by:




Mrs H Wheelhouse - Designated member




Mr A Baines - Designated member


HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Howard & Co 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 financial statements are presented in sterling which is the functional currency of the LLP and rounded to the nearest pound.

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.

Significant judgements and estimates
No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, net of VAT and discounts.

Turnover is recognised to the extent that the business has obtained the right to consideration through the performance of its contractual obligations. Where the substance is that the business's contractual obligations are performed over time, turnover is recognised as contract activity progresses to reflect the business's partial performance of its contractual obligations. The amount recognised represents the right to consideration by reference to the value of the work performed.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Computer equipment33% straight line
Plant, fixture & fittings15% reducing balance
Property improvements10% straight line

HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 34 (2023 - 35 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 16,343 17,483 34,609 68,435
Additions 5,281 781 7,220 13,282
Disposals - - (2,735 ) (2,735 )
At 30 September 2024 21,624 18,264 39,094 78,982
DEPRECIATION
At 1 October 2023 576 2,492 11,586 14,654
Charge for year 2,074 2,323 11,242 15,639
Eliminated on disposal - - (2,735 ) (2,735 )
At 30 September 2024 2,650 4,815 20,093 27,558
NET BOOK VALUE
At 30 September 2024 18,974 13,449 19,001 51,424
At 30 September 2023 15,767 14,991 23,023 53,781

HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 140,795 147,090
Amounts recoverable on
contracts 450,000 360,000
Other debtors 10,000 10,000
Prepayments and accrued income 50,204 58,888
650,999 575,978

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Professional indemnity
insurance 43,756 47,165
Finance leases (see note 7) 1,446 5,785
Trade creditors 5,187 12,044
Social security and other taxes 24,852 35,110
VAT 79,234 107,265
Other creditors 3,350 3,340
Accruals and deferred income 87,728 86,691
245,553 297,400

7. LEASING AGREEMENTS

Minimum lease payments under finance leases fall due as follows:

Finance leases
30.9.24 30.9.23
£    £   
Net obligations repayable:
Within one year 1,446 5,785

HOWARD & CO SOLICITORS LLP (REGISTERED NUMBER: OC440730)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. LEASING AGREEMENTS - continued

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.09.24 30.09.23
£ £
Within one year 122,760 74,670
Between one and five years 481,134 300,920
593,894 375,590

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
30.9.24 30.9.23
£    £   
Amounts owed to members in respect of profits 477,711 402,005

Falling due within one year 477,711 402,005

Members interests rank pari passu with other unsecured creditors in the event of a winding up of the LLP.