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REGISTERED NUMBER: OC420602 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BISHOP AKERS LLP

BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BISHOP AKERS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: Mrs J M Hardy
Mrs P Tilbury





REGISTERED OFFICE: Bishop Akers LLP
Haven House
193 Swanley Lane
Swanley
Kent
BR8 7LA





REGISTERED NUMBER: OC420602 (England and Wales)





ACCOUNTANTS: Sargeant Partnership Limited
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 9,750 12,750
Tangible assets 5 310,727 312,699
320,477 325,449

CURRENT ASSETS
Debtors 6 133,153 156,496
Cash at bank and in hand 109,922 43,804
243,075 200,300
CREDITORS
Amounts falling due within one year 7 69,999 58,853
NET CURRENT ASSETS 173,076 141,447
TOTAL ASSETS LESS CURRENT
LIABILITIES

493,553

466,896

CREDITORS
Amounts falling due after more than one
year

8

142,740

159,112
NET ASSETS ATTRIBUTABLE TO
MEMBERS

350,813

307,784

BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)

BALANCE SHEET - continued
31 MARCH 2025

2025 2024
Notes £    £    £   
LOANS AND OTHER DEBTS DUE
TO MEMBERS

9

350,813

307,784

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 350,813 307,784

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 2025.

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 12 August 2025 and were signed by:




Mrs J M Hardy - Designated member




Mrs P Tilbury - Designated member


BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Bishop Akers 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.

Turnover
Turnover, net of value added tax, comprises fees receivable for services provided to clients based on the extent of the performance of contractual obligations and the agreed rates for these services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance
Computer equipment - 25% per annum on reducing balance

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 partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation or related deferred taxation are accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Trade debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the limited liability partnership will not be able to collect all amounts due according to the original terms of the receivables.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 10 (2024 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 30,000
AMORTISATION
At 1 April 2024 17,250
Charge for year 3,000
At 31 March 2025 20,250
NET BOOK VALUE
At 31 March 2025 9,750
At 31 March 2024 12,750

BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 300,000 5,832 35,710 12,325 353,867
Additions - - - 1,345 1,345
At 31 March 2025 300,000 5,832 35,710 13,670 355,212
DEPRECIATION
At 1 April 2024 - 4,627 27,446 9,095 41,168
Charge for year - 300 2,065 952 3,317
At 31 March 2025 - 4,927 29,511 10,047 44,485
NET BOOK VALUE
At 31 March 2025 300,000 905 6,199 3,623 310,727
At 31 March 2024 300,000 1,205 8,264 3,230 312,699

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 25,934 20,927
Other debtors 7,219 55,569
33,153 76,496

Amounts falling due after more than one year:
Other debtors 100,000 80,000

Aggregate amounts 133,153 156,496

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 3,634 1,236
Taxation and social security 39,469 34,015
Other creditors 26,896 23,602
69,999 58,853

BISHOP AKERS LLP (REGISTERED NUMBER: OC420602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Trade creditors 142,740 159,112

9. LOANS AND OTHER DEBTS DUE TO MEMBERS
2025 2024
£    £   
Amounts owed to members in respect of profits 350,813 307,784

Falling due within one year 350,813 307,784

Amounts owed to third parties rank in priority to loans and other debts due to members.