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REGISTERED NUMBER: OC431476 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 January 2025

for

VAN BAEL & BELLIS (LONDON) LLP

VAN BAEL & BELLIS (LONDON) LLP (Registered number: OC431476)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


VAN BAEL & BELLIS (LONDON) LLP

General Information
for the Year Ended 31 January 2025







DESIGNATED MEMBERS: Van Bael & Bellis Srl
M Linderman





REGISTERED OFFICE: 330 Holborn Gate
326-332 High Holborn
London
WC1V 7QH





REGISTERED NUMBER: OC431476 (England and Wales)






VAN BAEL & BELLIS (LONDON) LLP (Registered number: OC431476)

Report of the Members
for the Year Ended 31 January 2025

The members present their report with the financial statements of the LLP for the year ended 31 January 2025.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of solicitors.

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

D W Hull
Van Bael & Bellis Srl
M Linderman

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £922,432 (2024 - £663,291 profit).

MEMBERS' INTERESTS

CHANGES DURING THE YEAR
David Hull resigned on 27 May 2024.

ON BEHALF OF THE MEMBERS:





M Linderman - Designated member


28 July 2025

VAN BAEL & BELLIS (LONDON) LLP (Registered number: OC431476)

Income Statement
for the Year Ended 31 January 2025

31.1.25 31.1.24
Notes £    £   

REVENUE 2,939,031 2,731,166

Cost of sales 221,989 123,322
GROSS PROFIT 2,717,042 2,607,844

Administrative expenses 1,796,825 1,944,916
920,217 662,928

Other operating income 2,215 363
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS




922,432




663,291

VAN BAEL & BELLIS (LONDON) LLP (Registered number: OC431476)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 8,706 8,706

CURRENT ASSETS
Debtors 6 391,913 445,710
Prepayments and accrued income 951,900 823,743
Cash at bank 78,407 32,647
1,422,220 1,302,100
CREDITORS
Amounts falling due within one year 7 783,543 883,264
NET CURRENT ASSETS 638,677 418,836
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

647,383

427,542

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

647,383

427,542

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 647,383 427,542
Amounts due from members 6 - (21,550 )
647,383 405,992

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 January 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.

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 28 July 2025 and were signed by:





M Linderman - Designated member

VAN BAEL & BELLIS (LONDON) LLP (Registered number: OC431476)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

VAN BAEL & BELLIS (LONDON) 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
Revenue 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.

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
Payments in respect of other post-retirement benefits are charged to profit or loss in the period to which they relate.


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 5 (2024 - 6 ) .

4. INFORMATION IN RELATION TO MEMBERS

31.1.25 31.1.24

The average number of members during the year was 3 4

5. TANGIBLE ASSETS
Artwork
£   
COST
At 1 February 2024
and 31 January 2025 8,706
NET BOOK VALUE
At 31 January 2025 8,706
At 31 January 2024 8,706

VAN BAEL & BELLIS (LONDON) LLP (Registered number: OC431476)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 301,027 359,476
Amounts due from members - 21,550
Other debtors 69,336 48,899
Amounts due from former member 21,550 -
VAT - 15,785
391,913 445,710

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 32,313 12,507
Social security and other taxes 36,983 47,240
VAT 6,513 -
Other creditors 690,734 806,517
Accrued expenses 17,000 17,000
783,543 883,264

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.1.25 31.1.24
£    £   
Amounts owed to members in respect of profits 647,383 427,542

Falling due within one year 647,383 427,542

Capital loans and other debts due to members rank behind creditors, in accordance with the members' agreement.