Mitchel Lee LLP - Accounts

Mitchel Lee LLP
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	622	1,105
		622	1,105
Current assets
Debtors: amounts falling due within one year	4	9,429	13,624
Cash at bank and in hand		5	16
		9,434	13,640
Creditors: amount falling due within one year	5	(2,969)	(2,634)
Net current assets		6,465	11,006

Total assets less current liabilities		7,087	12,111
Creditors: amount falling due after more than one year	6	(7,087)	(12,111)
Net assets		0	0

Represented by:
		0	0

Total members' interests
		0	0

For the year ending 31 January 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 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:

.............................................................................

Designated Member
Date approved by the members: 29 October 2026

Mitchel Lee LLP
Notes to the Financial Statements
For the year ended 31 January 2026

General Information

Mitchel Lee LLP is a limited liability partnership, registered in England and Wales, registration number OC394126, registration address 2 Cherry Tree Cottages, Neville Close, RG10 0JZ.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

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:

2.	Average number of employees Average number of employees during the period was 2 (2025 : 2).

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 February 2025	8,398	8,398
Additions	-	-
Disposals	-	-
At 31 January 2026	8,398	8,398
Depreciation
At 01 February 2025	7,293	7,293
Charge for year	483	483
On disposals	-	-
At 31 January 2026	7,776	7,776
Net book values
Closing balance as at 31 January 2026	622	622
Opening balance as at 01 February 2025	1,105	1,105

Debtors: amounts falling due within one year

	2026 £		2025 £
Other Debtors	9,429		13,624
	9,429		13,624

Creditors: amount falling due within one year

	2026 £		2025 £
Other Creditors	2,969		2,634
	2,969		2,634

Creditors: amount falling due after more than one year

	2026 £		2025 £
Other Creditors	7,087		12,111
	7,087		12,111

Members' Interests

	Other reserves	Loans and other debts due to members less any amounts due from members included in debtors	Total

Members' remuneration charged as an expense, including retirement benefit costs	0	(1,293)	(1,293)
Profit for the period available for discretionary division among members	0	0	0
Members' interests after profit for the period	0	(1,293)	(1,293)
Repaid to members	0	0	0
Other movements	0	1,293	1,293
Balance at 31 January 2026	0	0	0