REGISTERED NUMBER: OC321555 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CHALKDELL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

James Patrick Rosling

Chrysoulla Rosling

REGISTERED OFFICE:

15a Barnard Road

London

SW11 1QT

REGISTERED NUMBER:

OC321555 (England and Wales)

ACCOUNTANTS:

Jamieson Stone LLP

Windsor House

40/41 Great Castle Street

London

W1W 8LU

FIXED ASSETS

Tangible assets

4

33,041

43,492

CURRENT ASSETS

Debtors

5

6,421

2,211

Cash at bank

15,084

6,508

21,505

8,719

CREDITORS

Amounts falling due within one year

6

(53,189

)

(35,672

)

NET CURRENT LIABILITIES

(31,684

)

(26,953

)

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,357

16,539

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

1,357

16,539

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

1,357

16,539

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 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 23 September 2025 and were signed by:

James Patrick Rosling - Designated member

1.	STATUTORY INFORMATION

Chalkdell 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 the total amount receivable by the partnership for services rendered and disbursements charged to clients during the year, excluding VAT.

Tangible fixed assets

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

Fixtures & equipment

-

25% on cost

Motor vehicles

-

25% on cost

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.

Leased assets

Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet and depreciated over their estimated useful economic lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the year of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Members' interests

Members' capital is repayable within one year and is therefore classified as a liability.

Taxation

The taxation payable on partnership profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of the members. Consequently, neither partnership taxation nor related deferred taxation are accounted for in the financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members or set against amounts due from members as appropriate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Motor

& equipment

vehicles

Totals

£

£

£

COST

At 1 January 2024

20,835

40,500

61,335

Additions

3,929

-

3,929

At 31 December 2024

24,764

40,500

65,264

DEPRECIATION

At 1 January 2024

7,718

10,125

17,843

Charge for year

4,255

10,125

14,380

At 31 December 2024

11,973

20,250

32,223

NET BOOK VALUE

At 31 December 2024

12,791

20,250

33,041

At 31 December 2023

13,117

30,375

43,492

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

6,363

479

Other debtors

58

-

VAT

-

1,732

6,421

2,211

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed to associates

16,825

18,763

Social security and other taxes

704

1,529

Other creditors

11,168

14,180

Accrued expenses

24,492

1,200

53,189

35,672

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2024

2023

£

£

Amounts owed to members in respect of profits

1,357

16,539

Falling due within one year

1,357

16,539

Unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.