REGISTERED NUMBER: OC317684 (England and Wales)

Wesley Gryk Solicitors LLP

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

General information

1

Report of the members

2

Income statement

3

Balance sheet

4

Notes to the financial statements

6

Designated members:

Mrs A Hunter

B A O'Leary

Mrs D Baxter

Registered office:

140 Lower Marsh

London

SE1 7AE

Registered number:

OC317684 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

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

Review of business

The results for the year and financial position of the LLP are as shown in the annexed financial statements.

Designated members

The designated members during the year under review were:

Mrs A Hunter

B A O'Leary

Mrs D Baxter

Results for the year and allocation to members

The profit for the year before members' remuneration and profit shares was £482,525 (2024 - £432,003 profit).

Members' interests

On behalf of the members:

Mrs A Hunter - Designated member

20 August 2025

Turnover

1,411,132

1,269,674

Administrative expenses

929,023

833,756

Operating profit

4

482,109

435,918

Interest receivable and similar income

416

59

482,525

435,977

Interest payable and similar expenses

-

3,974

Profit for the financial year before members' remuneration and profit shares available for discretionary division among members

482,525

432,003

Fixed assets

Tangible assets

6

12,173

12,769

Current assets

Debtors

7

312,916

243,489

Cash at bank and in hand

149,277

127,057

462,193

370,546

Creditors

Amounts falling due within one year

8

292,787

249,661

Net current assets

169,406

120,885

Total assets less current liabilities

and

Net assets attributable to members

181,579

133,654

Loans and other debts due to members

9

181,579

133,654

Total members' interests

Loans and other debts due to members

9

181,579

133,654

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 March 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 20 August 2025 and were signed by:

Mrs A Hunter - Designated member

1.	Statutory information

Wesley Gryk 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 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

-

25% on reducing balance, 20% on reducing balance and over the term 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 20 (2024 - 16 ) .

4.	Operating profit

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

4,057

4,256

5.	Information in relation to members

31.3.25

31.3.24

The average number of members during the year was

3

3

6.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 April 2024

172,997

Additions

3,461

At 31 March 2025

176,458

Depreciation

At 1 April 2024

160,228

Charge for year

4,057

At 31 March 2025

164,285

Net book value

At 31 March 2025

12,173

At 31 March 2024

12,769

7.

Debtors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade debtors

296,102

216,003

Accrued Income

2,475

5,423

Other debtors

14,339

22,063

312,916

243,489

8.

Creditors: amounts falling due within one year

31.3.25

31.3.24

£

£

Trade creditors

9,064

21,817

Taxation and social security

101,780

75,319

Other creditors

181,943

152,525

292,787

249,661

9.

Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of winding up.