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REGISTERED NUMBER: OC339694 (England and Wales)















Unaudited Financial Statements for the Period 1 April 2024 to 31 May 2025

for

Legal Risk LLP

Legal Risk LLP (Registered number: OC339694)






Contents of the Financial Statements
for the Period 1 April 2024 to 31 May 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Legal Risk LLP

General Information
for the Period 1 April 2024 to 31 May 2025







DESIGNATED MEMBERS: F R Maher
Ms S Mawdsley





REGISTERED OFFICE: 16 Sandy Lane
Chester
CH3 5UL





REGISTERED NUMBER: OC339694 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Legal Risk LLP (Registered number: OC339694)

Balance Sheet
31 May 2025

31.5.25 31.3.24
Notes £ £ £
FIXED ASSETS
Tangible assets 4 - 15,124

CURRENT ASSETS
Debtors 5 710 119,551
Cash at bank and in hand 8,882 152,085
9,592 271,636
CREDITORS
Amounts falling due within one year 6 - 50,966
NET CURRENT ASSETS 9,592 220,670
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

9,592

235,794

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9,592

190,794

MEMBERS' OTHER INTERESTS
Capital accounts - 45,000
9,592 235,794

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9,592 190,794
Members' other interests - 45,000
9,592 235,794

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 period ended 31 May 2025.

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.

Legal Risk LLP (Registered number: OC339694)

Balance Sheet - continued
31 May 2025


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 1 June 2025 and were signed by:





F R Maher - Designated member

Legal Risk LLP (Registered number: OC339694)

Notes to the Financial Statements
for the Period 1 April 2024 to 31 May 2025

1. STATUTORY INFORMATION

Legal Risk 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 each asset over its estimated useful life.
Plant and machinery etc - 50% on cost, 20% on cost, 15% on cost and at variable rates on reducing balance

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 period was NIL (2024 - 2 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 April 2024 145,871
Disposals (145,871 )
At 31 May 2025 -
DEPRECIATION
At 1 April 2024 130,747
Eliminated on disposal (130,747 )
At 31 May 2025 -
NET BOOK VALUE
At 31 May 2025 -
At 31 March 2024 15,124

Legal Risk LLP (Registered number: OC339694)

Notes to the Financial Statements - continued
for the Period 1 April 2024 to 31 May 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.3.24
£ £
Trade debtors - 86,391
Other debtors 710 33,160
710 119,551

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.25 31.3.24
£ £
Trade creditors - 11,290
Taxation and social security - 32,198
Other creditors - 7,478
- 50,966