Registered No. OC373131 (England and Wales)
Legal Edge LLP
Unaudited accounts
for the year ended 31 March 2026
Legal Edge LLP
LLP Information
for the year ended 31 March 2026
Designated members
Lolaw Limited
iCool Legal Solutions Limited
Registered Number
OC373131 (England and Wales)
Registered Office
68 Hill Brow
Bickley
BR1 2PQ
Legal Edge LLP
Statement of financial position
as at 31 March 2026
Cash at bank and in hand
857,845
292,221
Creditors: amounts falling due within one year
(583,043)
(306,654)
Net current assets
1,033,272
416,354
Total assets less current liabilities
1,034,188
417,833
Provisions for liabilities
(106,480)
(42,081)
Net assets attributable to members
927,708
375,752
Loans and other debts due to members
927,708
375,752
Loans and other debts due to members
927,708
375,752
For the year ending 31 March 2026 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 21 September 2026.
iCool Legal Solutions Limited
Designated member
Limited Liability Partnership Registration No. OC373131
Legal Edge LLP
Notes to the Accounts
for the year ended 31 March 2026
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.
The accounts are presented in British pounds sterling.
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.
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:
The partnership operates a defined contribution scheme for the benefit of its employees. Contributions are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the partnership on behalf of members in respect of their tax liabilities are treated as debts due to members.
Members' capital is classified as debt and not equity if there is a contractual obligation for the partnership to repay the capital, even if that obligation is conditional.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Legal Edge LLP is a limited liability partnership, incorporated in England and Wales, registration number OC373131. Its registered office is 68 Hill Brow, Bickley, BR1 2PQ.
Legal Edge LLP
Notes to the Accounts
for the year ended 31 March 2026
3
Intangible fixed assets
Other
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2026
2025
Trade creditors
422,687
248,717
Taxes and social security costs
102,256
37,108
Other creditors
6,104
1,890
Deferred income
18,700
1,138
Legal Edge LLP
Notes to the Accounts
for the year ended 31 March 2026
6
Loans and other debts due to members
2026
2025
Members' capital classified as a liability
185,387
375,752
Amounts due to members in respect of profits
742,321
-
Amounts falling due within one year
927,708
375,752
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 5 (2025: 4).