1 April 2024 false No description of principal activity Taxfiler 2024.6 OC420338business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC4203382024-03-31 OC4203382024-04-012025-03-31 OC420338business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 OC420338business:FilletedAccounts2024-04-012025-03-31 OC4203382025-03-31 OC420338business:PartnerLLP12024-04-012025-03-31 OC420338business:PartnerLLP22024-04-012025-03-31 OC420338business:RegisteredOffice2024-04-012025-03-31 OC4203382024-03-31 OC420338core:WithinOneYear2025-03-31 OC420338core:WithinOneYear2024-03-31 OC420338business:SmallEntities2024-04-012025-03-31 OC420338core:ComputerEquipment2024-04-012025-03-31 OC420338countries:EnglandWales2024-04-012025-03-31 OC420338core:ComputerEquipment2024-03-31 OC420338core:ComputerEquipment2025-03-31 OC420338core:WithinOneYear2024-04-012025-03-31 OC4203382023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC420338 (England and Wales)
Cohen Knights LLP Unaudited accounts for the year ended 31 March 2025
Cohen Knights LLP LLP Information for the year ended 31 March 2025
Designated members
Mr James Milk
Mr Richard Wood
Registered Number
OC420338 (England and Wales)
Registered Office
St George's Works 51 Colegate Norwich Norfolk NR3 1DD
Accountants
Just Accountancy 6 Mariners Lane Norwich Norfolk NR1 3AF
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Cohen Knights LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
2,389 
2,364 
Current assets
Debtors
53,330 
46,578 
Cash at bank and in hand
1,761,927 
86,115 
1,815,257 
132,693 
Creditors: amounts falling due within one year
4
(1,691,607)
(27,984)
Net current assets
123,650 
104,709 
Net assets attributable to members
126,039 
107,073 
Represented by:
Loans and other debts due to members
5
126,039 
107,073 
126,039 
107,073 
Total members' interests
Loans and other debts due to members
126,039 
107,073 
126,039 
107,073 
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 12 December 2025.
Mr James Milk Designated member Limited Liability Partnership Registration No. OC420338
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Cohen Knights LLP Notes to the Accounts for the year ended 31 March 2025
1
Accounting policies
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year are accounted for as an expense. Unallocated profits and losses are included within 'other reserves'.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
5 years
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Client Funds
Where Cohen Knights LLP holds funds on behalf of clients, these funds are recognised as part of the Cash & Bank balances with the liability relating to these monies recogmised within current creditors.
2
Statutory information
Cohen Knights LLP is a limited liability partnership, incorporated in England and Wales, registration number OC420338. Its registered office is St George's Works, 51 Colegate, Norwich, Norfolk, NR3 1DD.
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Cohen Knights LLP Notes to the Accounts for the year ended 31 March 2025
3
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
2,956 
Additions
769 
At 31 March 2025
3,725 
Depreciation
At 1 April 2024
592 
Charge for the year
744 
At 31 March 2025
1,336 
Net book value
At 31 March 2025
2,389 
At 31 March 2024
2,364 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
1,588 
185 
Taxes and social security costs
2,620 
11,210 
Other creditors
1,675,618 
314 
Accruals
800 
800 
Deferred income
10,981 
15,475 
1,691,607 
27,984 
The balance of creditors due within one year includes £1,675,618 of client funds held within a general client account.
5
Loans and other debts due to members
2025 
2024 
£ 
£ 
Amounts due to members in respect of profits
126,039 
107,073 
Amounts falling due within one year
126,039 
107,073 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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