Mitchell Gandhi LLP - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: OC412553 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

MITCHELL GANDHI LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr S Gandhi

Mr A D Mitchell

REGISTERED OFFICE:

35 Grove Park Road

Chiswick

London

W4 3RU

REGISTERED NUMBER:

OC412553 (England and Wales)

ACCOUNTANTS:

Anthonisz Neville LLP

1st Floor

105-111 Euston Street

London

NW1 2EW

FIXED ASSETS

Tangible assets

4

4,154

5,540

CURRENT ASSETS

Cash at bank

4,446

6,721

CREDITORS

Amounts falling due within one year

779

900

NET CURRENT ASSETS

3,667

5,821

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

7,821

11,361

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

7,821

11,361

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

7,821

11,361

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 30 June 2022.

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 June 2022 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 28 March 2023 and were signed by:

Mr S Gandhi - Designated member

Mr A D Mitchell - Designated member

1.	STATUTORY INFORMATION

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

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.

Tangible fixed assets

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

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2021

and 30 June 2022

8,730

DEPRECIATION

At 1 July 2021

3,190

Charge for year

1,386

At 30 June 2022

4,576

NET BOOK VALUE

At 30 June 2022

4,154

At 30 June 2021

5,540

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

30/6/22

30/6/21

£

£

Amounts owed to members in respect of profits

7,821

11,361

Falling due within one year

7,821

11,361

Loan and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Member's other interest'.