REGISTERED NUMBER: OC311832 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ASHLEY WILSON SOLICITORS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M E Vinall

A A Wilson

D A Ellis

N Woods

REGISTERED OFFICE:

Winchester Stables

18 Winchester Walk

London

SE1 9AG

REGISTERED NUMBER:

OC311832 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

2,263

5,056

CURRENT ASSETS

Debtors

5

302,081

341,670

Cash at bank

291,753

187,257

593,834

528,927

CREDITORS

Amounts falling due within one year

6

(410,901

)

(360,152

)

NET CURRENT ASSETS

182,933

168,775

TOTAL ASSETS LESS CURRENT LIABILITIES

185,196

173,831

CREDITORS

Amounts falling due after more than one year

7

(17,991

)

(53,974

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

167,205

119,857

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

167,205

119,857

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

167,205

119,857

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 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 29 August 2025 and were signed by:

A A Wilson - Designated member

1.	STATUTORY INFORMATION

Ashley Wilson 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.

Fixtures and fittings

-

25% on cost

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 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

83,439

DEPRECIATION

At 1 April 2024

78,383

Charge for year

2,793

At 31 March 2025

81,176

NET BOOK VALUE

At 31 March 2025

2,263

At 31 March 2024

5,056

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

248,329

227,565

Other debtors

13,013

13,013

Prepayments and accrued income

40,739

101,092

302,081

341,670

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

64,212

35,983

Trade creditors

16,274

31,695

Social security and other taxes

127,230

110,853

Other creditors

33,107

33,977

Accrued expenses

170,078

147,644

410,901

360,152

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans due 1-2 years

17,991

35,983

Bank loans due 2-5 years

-

17,991

17,991

53,974

8.

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 a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event and there are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.