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Registered Number: OC437306
England and Wales

 

 

 

L&H CONSULTING LLP



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Members Liam Joseph Brendan Ryan
Hollie Anne Warner-Ryan
Registered Number OC437306
Registered Office Unit 216
Waterhouse Business Centre
Chelmsford,Essex
England
CM1 2QE
Accountants aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
1
To assist you to fulfil your duties under the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of L&H Consulting LLP  which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the LLPs accounting records and from information and explanations you have given us.


As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of L&H Consulting LLP, as a body, in accordance with the terms of our engagement letter dated 10 August 2021. Our work has been undertaken solely to prepare for your approval the financial statements of L&H Consulting LLP and state those matters that we have agreed to state to the members of L&H Consulting LLP, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than L&H Consulting LLP and its members as a body, for our work or for this report.

It is your duty to ensure that L&H Consulting LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of L&H Consulting LLP. You consider that L&H Consulting LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of L&H Consulting LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.



....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
19 December 2025
2
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 8    283 
8    283 
Current assets      
Debtors 4 2,713    92,242 
Cash at bank and in hand 70,558    22,122 
73,271    114,364 
Creditors: amount falling due within one year 5 (7,858)   (25,256)
Net current assets 65,413    89,108 
 
Total assets less current liabilities 65,421    89,391 
Net assets 65,421    89,391 
 

Represented by:
Loans and other debts due to members 6 7,780    137,442 
Amounts due from members   (166,079)
Members' other interest
Other reserves 57,641    118,028 
57,641    118,028 

65,421    89,391 
 

Total members' interests
Amounts due from members 6   (166,079)
Loans and other debts due to members 7,780    137,442 
Members' other interests 57,641    118,028 
65,421    89,391 
 


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 financial statements have been prepared in accordance with the special provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006
These accounts were approved by the members and signed on their behalf by:


.............................................................................
Liam Joseph Brendan Ryan
Designated Member
Date approved by the members: 19 December 2025
3
General Information
L&H Consulting LLP is a limited liability partnership, registered in England and Wales, registration number OC437306, registration address Unit 216, Waterhouse Business Centre, Chelmsford,Essex, England, CM1 2QE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
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)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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:
Fixtures and Fittings 33% Straight Line
2.

Average number of employees including partners

Average number of employees during the year was 2 (2024 : 2).
3.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Total
  £   £   £
At 01 April 2024   833    833 
Additions 19,111      19,111 
Disposals (19,111)     (19,111)
At 31 March 2025   833    833 
Depreciation
At 01 April 2024   550    550 
Charge for year   275    275 
On disposals    
At 31 March 2025   825    825 
Net book values
Closing balance as at 31 March 2025   8    8 
Opening balance as at 01 April 2024   283    283 


4.

Debtors: amounts falling due within one year

2025
£
  2024
£
Trade Debtors   72,000 
Prepayments & Accrued Income 363    17,892 
Other Debtors 2,350    2,350 
2,713    92,242 

5.

Creditors: amount falling due within one year

2025
£
  2024
£
Trade Creditors   2,760 
Amounts Owed to Participating Interests   7,350 
Accrued Expenses   1,584 
VAT 7,858    13,562 
7,858    25,256 

6.

Members' Interests

Other reserves   Loans and other debts due to members less any amounts due from members included in debtors   Total
Balance at 01 April 2024   89,390    89,390 
Profit for the period available for discretionary division among members 57,641      57,641 
Members' interests after profit for the period 57,641    89,390    147,031 
Repaid to members   (81,610)   (81,610)
Drawings    
Balance at 31 March 2025 57,641    7,780    65,421 
 



7.

Related Party Transactions

During the year the partners engaged in consulting services for Assets 4 Life Ltd amounting to 100% of annual turnover. Some of the partners are also directors of the Ltd company.
4