Randall's Political Services LLP

REGISTERED NUMBER: OC425335 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Mr C P Robathan

Mr B S Rogers

REGISTERED OFFICE:

St George's House

14 George Street

Huntingdon

Cambridgeshire

PE29 3GH

REGISTERED NUMBER:

OC425335 (England and Wales)

ACCOUNTANTS:

George Hay Partnership LLP

Chartered Accountants

St George's House

George Street

Huntingdon

Cambridgeshire

PE29 3GH

The members present their report with the financial statements of the LLP for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of carrying on of the profession or business of UK political monitoring services.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr C P Robathan

Mr B S Rogers

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £660,000 (2023 - £585,544 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr B S Rogers - Designated member

2 April 2025

TURNOVER

660,000

-

OPERATING PROFIT

660,000

-

Income from shares in group
undertakings

-

585,544

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS

660,000

585,544

FIXED ASSETS

Investments

4

2,222,223

CURRENT ASSETS

Debtors

5

117,000

42,486

Cash at bank

356,845

142,066

473,845

184,552

CREDITORS

Amounts falling due within one year

6

331,160

92,319

NET CURRENT ASSETS

142,685

92,233

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,364,908

2,314,456

CREDITORS

Amounts falling due after more than one
year

7

553,916

646,236

NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,810,992

1,668,220

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

888,308

639,895

MEMBERS' OTHER INTERESTS

Capital accounts

922,684

1,028,325

1,810,992

1,668,220

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

888,308

639,895

Members' other interests

922,684

1,028,325

1,810,992

1,668,220

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 December 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 2 April 2025 and were signed by:

Mr B S Rogers - Designated member

1.	STATUTORY INFORMATION

Randall's Political Services 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.

Preparation of consolidated financial statements

The financial statements contain information about Randall's Political Services LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries

Investments in subsidiary undertakings is recognised at an agreed value as of 31st March 2021 by the members.

3.	EMPLOYEE INFORMATION

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 January 2024

and 31 December 2024

2,222,223

NET BOOK VALUE

At 31 December 2024

2,222,223

At 31 December 2023

2,222,223

Cost or valuation at 31 December 2024 is represented by:

Shares in

group

undertakings

£

Valuation in 2021

2,211,123

Cost

11,100

2,222,223

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

117,000

-

Amounts owed by group undertakings

-

42,486

117,000

42,486

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed to group undertakings

106,841

-

Taxation and social security

132,000

-

Other creditors

92,319

331,160

92,319

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Other creditors

553,916

646,236

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS