|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 August 2021 |
|
for |
|
HOLLAND HAHN & WILLS LLP |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 31 August 2021 |
|
for |
|
HOLLAND HAHN & WILLS LLP |
HOLLAND HAHN & WILLS LLP (REGISTERED NUMBER: OC359202) |
|
Contents of the Financial Statements |
for the year ended 31 August 2021 |
|
|
|
|
|
|
|
|
|
|
Page |
|
General Information | 1 |
|
Balance Sheet | 2 |
|
Notes to the Financial Statements | 4 |
|
Chartered Accountants' Report | 7 |
HOLLAND HAHN & WILLS LLP |
|
General Information |
for the year ended 31 August 2021 |
|
|
|
|
|
|
|
Designated members: |
|
|
J C Lurie |
|
|
|
|
|
Registered office: |
|
|
|
|
|
|
|
|
|
|
Registered number: |
|
|
|
|
|
|
Accountants: |
|
Aissela |
46 High Street |
Esher |
Surrey |
KT10 9QY |
HOLLAND HAHN & WILLS LLP (REGISTERED NUMBER: OC359202) |
|
Balance Sheet |
31 August 2021 |
|
2021 | 2020 |
Notes | £ | £ | £ | £ |
Fixed assets |
Intangible assets | 4 |
|
|
Tangible assets | 5 |
|
|
|
|
|
Current assets |
Debtors | 6 |
|
|
Cash at bank and in hand |
|
|
|
|
Creditors |
Amounts falling due within one year | 7 |
|
|
Net current assets |
|
|
Total assets less current liabilities |
|
|
|
Creditors |
Amounts falling due after more than one
year |
8 |
|
|
Net assets attributable to members | 231,365 | 196,618 |
|
Loans and other debts due to members | 9 | 231,365 | 196,618 |
|
Total members' interests |
Loans and other debts due to members | 9 | 231,365 | 196,618 |
|
|
|
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. |
HOLLAND HAHN & WILLS LLP (REGISTERED NUMBER: OC359202) |
|
Balance Sheet - continued |
31 August 2021 |
|
|
|
|
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 Profit and Loss has not been delivered. |
|
The financial statements were approved by the members of the LLP and authorised for issue on
|
|
|
|
|
|
|
HOLLAND HAHN & WILLS LLP (REGISTERED NUMBER: OC359202) |
|
Notes to the Financial Statements |
for the year ended 31 August 2021 |
|
|
1. | Statutory information |
|
Holland Hahn & Wills 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. | Accounting policies |
|
Basis of preparing the financial statements |
|
|
Going Concern |
The financial statements have been prepared on a going concern basis. |
|
The directors have considered the impact of and response to the Covid19 pandemic, including the company's available resources and ability to adjust the company's operations as required. |
|
The directors are of the opinion that the above is sufficient to conclude that the company is a going concern. The financial statements do not include any adjustments to the value of the balance sheet which would result should the going concern basis not be valid. |
|
Key sources of estimation, uncertainty and judgement |
The preparation of the financial statements in conformity with generally accepted account practice requires management to make estimates and judgements that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. |
|
Turnover |
The turnover shown in the profit and loss account represents fees and commissions receivable for the period. Commission income is recognised on the date the relevant policy of loan agreement is applied for or renewed. Provision is made for commissions repayable under indemnity terms, adjustments to the provision are reflected in the turnover for the period. |
|
Goodwill |
Goodwill, being the amount paid in connection with the acquisition of a business, is being amortised evenly over the estimated useful life of 20 years. |
|
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
|
Tangible fixed assets |
|
Equipment | - |
|
|
Government grants |
Grant income is recognised under the accrual model of Financial Reporting Standard 102. |
|
Grant income is recognised in the profit and loss account on a systematic basis over the period in which the company recognises the related costs for which the grant is intended to compensate. |
|
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. |
HOLLAND HAHN & WILLS LLP (REGISTERED NUMBER: OC359202) |
|
Notes to the Financial Statements - continued |
for the year ended 31 August 2021 |
|
|
3. | Employee information |
|
The average number of employees during the year was
|
|
4. | Intangible fixed assets |
Goodwill |
£ |
Cost |
At 1 September 2020 |
and 31 August 2021 |
|
Amortisation |
At 1 September 2020 |
|
Charge for year |
|
At 31 August 2021 |
|
Net book value |
At 31 August 2021 |
|
At 31 August 2020 |
|
|
5. | Tangible fixed assets |
Improvements |
to property | Equipment | Totals |
£ | £ | £ |
Cost |
At 1 September 2020 |
|
|
|
Additions |
|
|
|
At 31 August 2021 |
|
|
|
Depreciation |
At 1 September 2020 |
|
|
|
Charge for year |
|
|
|
At 31 August 2021 |
|
|
|
Net book value |
At 31 August 2021 |
|
|
|
At 31 August 2020 |
|
|
|
|
6. | Debtors: amounts falling due within one year |
2021 | 2020 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
HOLLAND HAHN & WILLS LLP (REGISTERED NUMBER: OC359202) |
|
Notes to the Financial Statements - continued |
for the year ended 31 August 2021 |
|
|
7. | Creditors: amounts falling due within one year |
2021 | 2020 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Social security and other taxes |
|
|
Other creditors |
|
|
Accrued expenses |
|
|
|
|
|
8. | Creditors: amounts falling due after more than one year |
2021 | 2020 |
£ | £ |
Bank loans - 1-2 years |
|
|
Bank loans - 2-5 years |
|
|
|
|
|
9. | Loans and other debts due to members |
|
In the event of winding up, amounts in 'Loans and other debts due to members' (other than members's capital classified as debt) would rank equally with other creditors who are unsecured. |
Chartered Accountants' Report to the Members |
on the Unaudited Financial Statements of |
Holland Hahn & Wills LLP |
|
|
The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
|
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Holland Hahn & Wills LLP for the year ended 31 August 2021 which comprise the Profit and Loss, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us. |
|
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
|
This report is made solely to the members of Holland Hahn & Wills LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Holland Hahn & Wills LLP and state those matters that we have agreed to state to the members of Holland Hahn & Wills LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Holland Hahn & Wills LLP and its members, as a body, for our work or for this report. |
|
It is your duty to ensure that Holland Hahn & Wills LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Holland Hahn & Wills LLP. You consider that Holland Hahn & Wills LLP is exempt from the statutory audit requirement for the year. |
|
We have not been instructed to carry out an audit or a review of the financial statements of Holland Hahn & Wills LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
|
|
|
|
|
|
|
Aissela |
46 High Street |
Esher |
Surrey |
KT10 9QY |
|
|
|