Company No: OC305196 (England and Wales)

Contents

• Limited Liability Partnership Information
• Balance Sheet
• Notes to the Financial Statements

Designated members	R Bodian
	M Fantozzi

Registered office	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

Registered number

OC305196 (England and Wales)

Chartered accountants	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

	Note	31.12.2024		31.12.2023
		£		£
Current assets
Debtors	3	6,732		63,394
Cash at bank and in hand	4	0		77,519
		6,732		140,913
Creditors: amounts falling due within one year	5	( 2,823,634)		( 2,957,815)
Net current liabilities		(2,816,902)		(2,816,902)
Total assets less current liabilities		(2,816,902)		(2,816,902)
Net liabilities attributable to members		( 2,816,902)		( 2,816,902)
Represented by
Members' other interests
Other reserves		(2,816,902)		(2,816,902)
		(2,816,902)		(2,816,902)
		(2,816,902)		(2,816,902)
Total members' interests
Members' other interests		(2,816,902)		(2,816,902)
		(2,816,902)		(2,816,902)

For the financial year ending 31 December 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo LLP (registered number: OC305196) were approved and authorised for issue by the Board of Directors on 26 August 2025. They were signed on its behalf by:

M Fantozzi Designated member

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 2nd Floor, 168 Shoreditch High Street, London, E1 6RA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The accounts have been prepared on a going concern basis despite the LLP reporting net liabilities of £2,816,902 (2023: £2,816,902) at 31 December 2024. The LLP is reliant upon the continuing financial support of Mintz Levin Cohn Ferris Glovsky and Popeo PC as disclosed in note 6 to these accounts.

Foreign currency

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Turnover

Turnover comprises revenue recognised by the LLP in respect of legal services supplied during the year, exclusive of Value Added Tax and trade discounts.

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time,
whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in the statement of comprehensive income.

Exceptional Items

Exceptional items are transactions that fall within the ordinary activities of the LLP but are presented separately due to their size or incidence.

Trade and other debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Trade and other creditors

Short term creditors are measured at the transaction price.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2. Employees

	Year ended 31.12.2024		Period from 01.04.2023 to 31.12.2023
	Number		Number
Monthly average number of persons employed by the LLP during the year	2		2

3. Debtors

	31.12.2024		31.12.2023
	£		£
Other debtors	6,732		63,394

4. Cash and cash equivalents

	31.12.2024		31.12.2023
	£		£
Cash at bank and in hand	0		77,519

5. Creditors: amounts falling due within one year

	31.12.2024		31.12.2023
	£		£
Amounts owed to Group undertakings	2,813,634		2,947,815
Other creditors	10,000		10,000
	2,823,634		2,957,815

6. Related party transactions

The Members of the LLP are also Members of Mintz Levin Cohn Ferris Glovsky and Popeo PC (MLPC) that is registered in the United States of America. MLPC provides financial support to Mintz Levin Cohn Ferris Glovsky and Popeo LLP (MLLLP).

During the year MLLLP made net payments of £134,181 to MLPC (period ended 31 December 2023: £103,413). At the year end the amount outstanding to MLPC was £2,813,634 (2023: £2,947,815) and is included within creditors as 'Amounts owed to group undertakings'. No interest was charged on this loan.

7. Ultimate controlling party

The LLP is under control of it's designated members.