REGISTERED NUMBER: OC416667 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Chancery Capital Advisors LLP

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

6

2,059,327

2,134,276

Cash at bank

319

319

2,059,646

2,134,595

CREDITORS

Amounts falling due within one year

7

(184,646

)

(259,595

)

NET CURRENT ASSETS

1,875,000

1,875,000

TOTAL ASSETS LESS CURRENT LIABILITIES

1,875,000

1,875,000

CREDITORS

Amounts falling due after more than one year

8

(1,875,000

)

(1,875,000

)

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

6

(1,996,122

)

(2,071,071

)

The LLP is entitled to exemption from audit under Section 480 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 December 2024.

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 25 September 2025 and were signed by:

Mr J N Rowles-Davies - Designated member

1.	STATUTORY INFORMATION

Chancery Capital Advisors LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC416667

Registered office:

105 The Drive

Hove

East Sussex

BN3 6GE

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

33% on cost

Computer equipment

-

33% on cost

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

707

1,049

1,756

DEPRECIATION

At 1 January 2024

and 31 December 2024

707

1,049

1,756

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

50,125

50,125

Other debtors

2,009,202

2,084,151

2,059,327

2,134,276

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

-

74,949

Social security and other taxes

(12

)

(12

)

VAT

1,648

1,648

NRD loan

181,990

181,990

Accrued expenses

1,020

1,020

184,646

259,595

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

CCP Bridge loan

1,875,000

1,875,000