Company No:
Contents
| Designated members | Robert Bodian |
| Michael Fantozzi |
| Registered office | 2nd Floor |
| 168 Shoreditch High Street | |
| London | |
| E1 6RA | |
| United Kingdom |
| Registered number | OC305291 (England and Wales) |
| Chartered accountants | Kreston Reeves LLP |
| 2nd Floor | |
| 168 Shoreditch High Street | |
| London | |
| E1 6RA | |
| United Kingdom |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Creditors: amounts falling due within one year | 3 | (
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(
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|
| Net current liabilities | (2,814,148) | (2,814,148) | ||
| Total assets less current liabilities | (2,814,148) | (2,814,148) | ||
| Net liabilities attributable to members | (
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(
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||
| Represented by | ||||
| Loans and other debts due to members after more than one year | ||||
| Other amounts | (2,814,148) | (2,814,148) | ||
| (2,814,148) | (2,814,148) | |||
| Total members' interests | ||||
| Loans and other debts due to members | (2,814,148) | (2,814,148) | ||
| (2,814,148) | (2,814,148) |
Members' responsibilities:
The financial statements of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo Intellectual Property LLP (registered number:
|
Michael Fantozzi
Designated member |
| DEBT Loans and other debts due to members less any amounts due from members in debtors |
Total members' interests | |
|---|---|---|
| Other amounts | Total | |
| £ | £ | |
| Amounts due to members | (2,814,148) | |
| Balance at 01 January 2024 | (2,814,148) | (2,814,148) |
| Members' interest after result for the financial year | (2,814,148) | (2,814,148) |
| Amounts due to members | (2,814,148) | |
| Balance at 31 December 2024 | (2,814,148) | (2,814,148) |
| Members' interest after result for the financial year | (2,814,148) | (2,814,148) |
| Amounts due to members | (2,814,148) | |
| Balance at 31 December 2025 | (2,814,148) | (2,814,148) |
There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo Intellectual Property LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 2nd Floor, 168 Shoreditch High Street, London, E1 6RA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the LLP and rounded to the nearest £.
The accounts have been prepared on a going concern basis despite the LLP reporting net liabilities of £2,814,148 (2024: £2,814,148) at 31 December 2025. The LLP is reliant upon the continuing financial support of Mintz Levin Cohn Ferris Glovsky and Popeo PC as disclosed in note 4 of these accounts.
Financial assets and financial liabilities are recognised when the LLP becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the LLP intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the LLP during the year |
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| 2025 | 2024 | ||
| £ | £ | ||
| Amounts owed to Group undertakings |
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The Members of the LLP are also Members of Mintz Levin Cohn Ferris Glovsky and Popeo PC (MLPC) that is registered in the United States of America.
At the year end, the amount outstanding to MLPC was £2,814,148 (2024: £2,814,148) and is included within creditors as 'Amounts owed to group undertakings'. No interest was charged on this loan.
| 2025 | 2024 | ||
| £ | £ | ||
| Other amounts due to members | (2,814,148) | (2,814,148) |
Loans and other debts due to members may be further analysed as followed:
| 2025 | 2024 | ||
| £ | £ | ||
| Falling due within one year | (2,814,148) | (2,814,148) |
Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.
The LLP is under control of it's designated members.