REGISTERED NUMBER: OC347132 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

WT Law LLP

Page

General information

1

Balance sheet

2

Notes to the financial statements

4

DESIGNATED MEMBERS:

Mr J G Bakrania

Mr A B W Wong

REGISTERED OFFICE:

3rd Floor

46 Aldgate High Street

London

EC3N 1AL

REGISTERED NUMBER:

OC347132 (England and Wales)

ACCOUNTANTS:

SBM Associates Limited

Freedman House

Christopher Wren Yard

117 High Street

Croydon

CR0 1QG

FIXED ASSETS

Tangible assets

5

17,310

21,782

CURRENT ASSETS

Debtors

6

368,104

317,098

Cash at bank

51,677

53,251

419,781

370,349

CREDITORS

Amounts falling due within one year

7

73,091

28,131

NET CURRENT ASSETS

346,690

342,218

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

364,000

364,000

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

364,000

364,000

364,000

364,000

TOTAL MEMBERS' INTERESTS

Members' other interests

364,000

364,000

Amounts due from members

6

(286,819

)

(235,424

)

77,181

128,576

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 March 2026.

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 14 September 2026 and were signed by:

Mr A B W Wong - Designated member

1.	STATUTORY INFORMATION

WT Law LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Improvements to property

-

5% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

10% 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.

4.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2025 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

Cost

At 1 April 2025

and 31 March 2026

81,573

34,929

21,712

138,214

Depreciation

At 1 April 2025

61,364

33,357

21,711

116,432

Charge for year

4,079

393

-

4,472

At 31 March 2026

65,443

33,750

21,711

120,904

Net book value

At 31 March 2026

16,130

1,179

1

17,310

At 31 March 2025

20,209

1,572

1

21,782

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

27,105

21,792

Amounts due from members

286,819

235,424

Prepayments and accrued income

54,180

59,882

368,104

317,098

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

14,414

24,628

Other creditors

58,677

3,503

73,091

28,131

8.	CLIENT BALANCES

In its operation as a solicitors' practice the company holds money on behalf of clients in separately identified bank accounts. These accounts and the corresponding liabilities to clients are recorded within the partnership's accounting system. As the balances are held on trust, neither the bank balances nor the liabilities are considered part of the net assets of the company and are consequently excluded from the balance sheet. At 31 March 2026, a total of £1,243,617 (2025: £3,317,140 ) was held on trust for clients.

9.	LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up any amounts included in "Loans and other debts due to members" as liabilities will rank equally with unsecured creditors. Amounts due from members will be set against available capital balances in the first instance.