| Registered Number:OC353099 |
For the year ended 31 March 2025
England and Wales
Report of the Members and Unaudited Financial Statements
For the year ended 31 March 2025
Nelson Legal LLP
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Nelson Legal LLP
Statement of Financial Position
2024
2025
| Property, plant and equipment |
931
1,095
3
931
1,095
| Trade and other receivables |
112,671
110,066
4
7,150
2,853
| Cash and cash equivalents |
117,216
115,524
| Trade and other payables: amounts falling due within one |
| year |
(104,603)
(115,658)
5
10,921
1,558
Net current assets
| Total assets less current liabilities |
2,489
12,016
| Trade and other payables: amounts falling due after more |
| than one year |
(11,667)
(1,667)
6
822
Net assets attributable to members
349
822
349
822
349
822
349
822
349
822
349
| For the year ended 31 March 2025 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 relating to small LLPs. |
| 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 affair of the LLP as at the end of each |
| financial year and of its profit or loss for each 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 |
| Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
| financial statements, so far as applicable to the LLP |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime. |
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For the year ended 31 March 2025
Nelson Legal LLP
Statement of Financial Position Continued
| Giles NelsonDesignated Member |
These financial statements were approved by the members on 26 September 2025 and signed on their behalf by:
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For the year ended 31 March 2025
Nelson Legal LLP
Notes to the Financial Statements
Statutory Information
| Nelson Legal LLP is a limited liability partnership, domiciled in England and Wales, registration number OC353099. |
Corona Buildings
Wood Road
Kingswood
Bristol
BS15 8DT
| The presentation currency is £ sterling. |
Basis of preparation
| The report and financial statements for the year ended 31 March 2025 have been prepared under the historical cost |
| convention and in accordance with the Section 1A of Financial Reporting Standard 102 'The Financial Reporting |
| Standard applicable in the UK and Republic of Ireland' and the Statement of Recommended Practice "Accounting by |
| Limited Liability Partnerships". |
Turnover
| Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business. An appropriate amount is included in turnover for income due on cases that have not concluded at the balance sheet date but have reached a stage where there is sufficient progress to ensure the recoverability of fee income. |
Depreciation of tangible fixed assets
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Leasing and hire purchase commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| 2. Interest payable and similar charges |
2025
2024
| Interest payable on bank borrowing |
429
685
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For the year ended 31 March 2025
Nelson Legal LLP
Notes to the Financial Statements Continued
| 3. Property, plant and equipment |
15,116
6,082
9,034
9,034
6,082
15,116
| Provision for depreciation and impairment |
14,021
6,079
7,942
Charge for year
164
-
164
14,185
6,079
8,106
928
3
931
1,092
3
1,095
| 4. Trade and other receivables |
2025
2024
3,471
2,511
| Prepayments & accrued income |
106,395
109,960
200
200
110,066
112,671
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
10,000
10,000
214
3,588
92,206
81,573
| Taxation and social security |
9,864
12,816
115,658
104,603
| 6. Trade and other payables: amounts falling due after more than one year |
2025
2024
11,667
1,667
| 7. Average number of persons employed |
During the year the average number of employees was 0
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For the year ended 31 March 2025
Nelson Legal LLP
Notes to the Financial Statements Continued
| 8. Related party transactions |
| Nelson Legal U.K. Ltd, a company over which the members of the LLP had a controlling interest. |
| The LLP received legal services from Nelson Legal U.K. Ltd during the year amounting to £287,000 (2024: 276,750) |
| which are included within Cost of Sales. |
| The amount oustanding at the balance sheet date was £90,011 (2024: £80,656), included within Trade and Other |
| Payables |
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