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REGISTERED NUMBER: OC357628 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Focus Consultants 2010 LLP

Focus Consultants 2010 LLP (Registered number: OC357628)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Focus Consultants 2010 LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: Keith Butler Limited
Richard Aston Limited
Karl Marriott Limited
Kevin Osbon Limited
Ian Stevens Limited
Steven Fletcher Limited
Jason Redfearn Limited
E R Clarke Limited
Heather Frecklington Limited





REGISTERED OFFICE: 1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: OC357628 (England and Wales)





ACCOUNTANTS: Franklins
1 Pinnacle Way
Pride Park
Derby
Derbyshire
DE24 8ZS

Focus Consultants 2010 LLP (Registered number: OC357628)

Statement of Financial Position
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 41,191 36,688
Investments 6 530,000 530,000
571,191 566,688

CURRENT ASSETS
Work In Progress 34,671 113,701
Debtors 7 1,646,375 1,028,720
Cash at bank and in hand 832,378 518,330
2,513,424 1,660,751
CREDITORS
Amounts falling due within one year 8 1,432,794 849,711
NET CURRENT ASSETS 1,080,630 811,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,651,821

1,377,728

CREDITORS
Amounts falling due after more than one
year

9

130,334

198,333
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,521,487

1,179,395

LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

1,521,487

1,179,395

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 1,521,487 1,179,395
Amounts due from members 7 - (11,230 )
1,521,487 1,168,165

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 2024.

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.

Focus Consultants 2010 LLP (Registered number: OC357628)

Statement of Financial Position - continued
31 March 2024


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 12 September 2024 and were signed by:




Mr K D Marriott - Designated member




Jason Redfearn Limited - Designated member


Focus Consultants 2010 LLP (Registered number: OC357628)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Focus Consultants 2010 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

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 reducing balance
Fixtures and fittings - 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at fair value.

Work in progress
Work In Progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Taxation
The taxation payable on the LLP's profits is the personal liability of the members and consequently neither taxation nor related deferred taxation are accounted for in the financial statements. Amounts retained for tax are treated in the same way as other profits of the LLP and are therefore included in "Members interests" or in "Loans and other debts due to members" depending on whether or not division of profits has occurred.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 46 (2023 - 43 ) .

Focus Consultants 2010 LLP (Registered number: OC357628)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 3,600,000
AMORTISATION
At 1 April 2023
and 31 March 2024 3,600,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Office and
property Equipment fittings Totals
£    £    £    £   
COST
At 1 April 2023 20,002 34,390 4,905 59,297
Additions 6,116 13,687 4,946 24,749
Disposals - - (171 ) (171 )
At 31 March 2024 26,118 48,077 9,680 83,875
DEPRECIATION
At 1 April 2023 5,946 13,749 2,914 22,609
Charge for year 6,530 11,929 1,691 20,150
Eliminated on disposal - - (75 ) (75 )
At 31 March 2024 12,476 25,678 4,530 42,684
NET BOOK VALUE
At 31 March 2024 13,642 22,399 5,150 41,191
At 31 March 2023 14,056 20,641 1,991 36,688

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 530,000
NET BOOK VALUE
At 31 March 2024 530,000
At 31 March 2023 530,000

Focus Consultants 2010 LLP (Registered number: OC357628)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 March 2024 is represented by:

Shares in
group
undertakings
£   
Valuation in 2024 530,000

If fixed asset investment had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 330,132 330,132

Fixed asset investments were valued on an open market basis on 31 March 2024 by Mr K Marriott .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,452,238 850,960
Amounts due from members - 11,230
Other debtors 6,800 6,800
Prepayments and accrued income 187,337 159,730
1,646,375 1,028,720

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 68,000 68,000
Trade creditors 693,641 288,467
Social security and other taxes 49,606 43,631
VAT 283,501 194,112
Other creditors 4,268 4,029
Accruals and deferred income 333,778 251,472
1,432,794 849,711

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 68,000 68,000
Bank loans - 2-5 years 62,334 130,333
130,334 198,333

10. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank pari passu with unsecured creditors and may be set-off against amounts due from members included in debtors. Members' other interests rank pari passu with unsecured creditors.