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REGISTERED NUMBER: OC348812 (England and Wales)















RILEY MOSS AUDIT LLP

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024






RILEY MOSS AUDIT LLP (REGISTERED NUMBER: OC348812)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Statement of Financial Position 1

Notes to the Financial Statements 2


RILEY MOSS AUDIT LLP (REGISTERED NUMBER: OC348812)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £   
Current assets
Debtors 5 3,180 3,110
Cash at bank 9,421 10,891
12,601 14,001
Creditors
Amounts falling due within one year 6 (420 ) (420 )
Net current assets 12,181 13,581
Total assets less current liabilities
and
Net assets attributable to members 12,181 13,581

Loans and other debts due to members 7 12,181 13,581

Total members' interests
Loans and other debts due to members 7 12,181 13,581

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 May 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.

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 28 March 2025 and were signed by:





Mr Farook Patel FCA - Designated member

RILEY MOSS AUDIT LLP (REGISTERED NUMBER: OC348812)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. Statutory information

Riley Moss Audit LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC348812

Registered office: 97 Lower Bank Road
Preston
Lancashire
PR2 8NU

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

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

Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Amounts recoverable on contracts
Unbilled fees, where the ability to recover fees on a matter is non-contingent, are recognised on the basis of time spent and are valued at the amount expected to be billed in respect of that time. They are included as part of Current Assets.

Taxation
Taxation on the limited liability partnership's profits is solely the personal liability of individual members. Therefore, neither income tax nor deferred tax arising in respect of limited liability partnership's profit is included in these financial statements.

4. Employee information

The average number of employees during the year was 2 (2023 - 2 ) .

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 2,120 2,120
Other debtors 1,060 990
3,180 3,110

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Other creditors 420 420

RILEY MOSS AUDIT LLP (REGISTERED NUMBER: OC348812)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. Loans and other debts due to members

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