REGISTERED NUMBER: OC320452 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

COLLINS BENSON GOLDHILL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

W H Hsu

L M Brassey

REGISTERED OFFICE:

26-28 Great Portland Street

London

London

W1W 8QT

REGISTERED NUMBER:

OC320452 (England and Wales)

ACCOUNTANTS:

THP Limited

Chartered Accountants

34-40 High Street

Wanstead

London

E11 2RJ

FIXED ASSETS

Tangible assets

4

19,288

24,805

CURRENT ASSETS

Debtors

5

1,437,626

1,456,689

Cash at bank and in hand

6

2,297,255

5,174,049

3,734,881

6,630,738

CREDITORS

Amounts falling due within one year

7

3,157,407

5,799,669

NET CURRENT ASSETS

577,474

831,069

TOTAL ASSETS LESS CURRENT LIABILITIES

596,762

855,874

CREDITORS

Amounts falling due after more than one year

8

-

152,565

NET ASSETS ATTRIBUTABLE TO MEMBERS

596,762

703,309

LOANS AND OTHER DEBTS DUE TO MEMBERS

11

371,762

478,309

MEMBERS' OTHER INTERESTS

Capital accounts

225,000

225,000

596,762

703,309

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

11

371,762

478,309

Members' other interests

225,000

225,000

596,762

703,309

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 15 September 2026 and were signed by:

W H Hsu - Designated member

1.	STATUTORY INFORMATION

Collins Benson Goldhill 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 LLP's functional and presentation currency is the pound sterling.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents net invoiced sales of legal services, excluding value added tax.

Revenue is recognised in the accounting period in which the services were rendered.

Work in progress, valued at recoverable amount, is included in turnover and is classified as accrued income within trade debtors in the balance sheet.

Tangible fixed assets

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

Office equipment

-

25% 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.

Operating lease commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 28 (2025 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2025

59,658

Additions

5,795

Disposals

(3,919

)

At 31 March 2026

61,534

DEPRECIATION

At 1 April 2025

34,853

Charge for year

11,177

Eliminated on disposal

(3,784

)

At 31 March 2026

42,246

NET BOOK VALUE

At 31 March 2026

19,288

At 31 March 2025

24,805

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,260,821

1,040,114

Other debtors

3,476

3,324

Prepayments

173,329

413,251

1,437,626

1,456,689

6.	CASH AT BANK AND IN HAND

2026

2025

£

£

Office deposit accounts

214

100,053

Office current account

-

18,596

General client bank accounts

2,293,879

5,055,154

Office current account no.2

2,888

-

Cash in hand

274

246

2,297,255

5,174,049

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Loans and overdrafts

464,718

366,507

Trade creditors

51,438

24,105

Social security and other taxes

54,973

49,435

VAT

179,759

165,653

Amounts due to clients

2,293,879

5,055,154

Accrued expenses

112,640

138,815

3,157,407

5,799,669

Amounts due to clients relate to monies held in the general client bank accounts.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank and other loans - 1-2

years

-

152,565

-

152,565

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

7,528

122,430

Between one and five years

11,291

-

18,819

122,430

The above leases relate to equipment rentals.

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Loans and overdrafts

444,195

519,072

The loans are secured by the LLP members' personal guarantees.

The partnership has an agreed overdraft facility with HSBC Bank Plc of £150,000. The overdraft is secured by a floating charge over the partnership assets.

11.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with other creditors in a winding up.