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REGISTERED NUMBER: OC348112 (England and Wales)








UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SCOTT REYNOLDS SEARCH PARTNERS LLP

SCOTT REYNOLDS SEARCH PARTNERS LLP (REGISTERED NUMBER: OC348112)






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




Page

General information 1

Statement of financial position 2

Notes to the financial statements 3

Chartered accountants' report 5

SCOTT REYNOLDS SEARCH PARTNERS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 March 2025







DESIGNATED MEMBERS: D Reynolds
Mrs S C Reynolds





REGISTERED OFFICE: 41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX





REGISTERED NUMBER: OC348112 (England and Wales)





ACCOUNTANTS: Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX

SCOTT REYNOLDS SEARCH PARTNERS LLP (REGISTERED NUMBER: OC348112)

STATEMENT OF FINANCIAL POSITION
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,640 57,320

CURRENT ASSETS
Debtors 5 9,573 407,880
Cash at bank 36,889 31,570
46,462 439,450
CREDITORS
Amounts falling due within one year 6 12,529 19,557
NET CURRENT ASSETS 33,933 419,893
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,573

477,213

CREDITORS
Amounts falling due after more than one year 7 1,745 12,248
NET ASSETS ATTRIBUTABLE TO
MEMBERS

74,828

464,965

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

74,828

464,965

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 74,828 464,965

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 14 August 2025 and were signed by:





D Reynolds - Designated member

SCOTT REYNOLDS SEARCH PARTNERS LLP (REGISTERED NUMBER: OC348112)

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

1. STATUTORY INFORMATION

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 1,779 105,430 21,079 128,288
Additions - - 1,059 1,059
At 31 March 2025 1,779 105,430 22,138 129,347
DEPRECIATION
At 1 April 2024 956 51,151 18,861 70,968
Charge for year 471 13,570 1,698 15,739
At 31 March 2025 1,427 64,721 20,559 86,707
NET BOOK VALUE
At 31 March 2025 352 40,709 1,579 42,640
At 31 March 2024 823 54,279 2,218 57,320

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 395,414
VAT 2,138 5,324
Prepayments and accrued income 7,435 7,142
9,573 407,880

SCOTT REYNOLDS SEARCH PARTNERS LLP (REGISTERED NUMBER: OC348112)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,498 10,198
Trade creditors (621 ) 6,479
Social security and other taxes (408 ) -
Accrued expenses 3,060 2,880
12,529 19,557

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-2 years 1,745 12,248

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans 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 'Members' other interests'

CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
SCOTT REYNOLDS SEARCH PARTNERS LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Scott Reynolds Search Partners LLP for the year ended 31 March 2025 which comprise the Income statement, Statement of financial position and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Scott Reynolds Search Partners LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Scott Reynolds Search Partners LLP and state those matters that we have agreed to state to the members of Scott Reynolds Search Partners LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Scott Reynolds Search Partners LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Scott Reynolds Search Partners LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Scott Reynolds Search Partners LLP. You consider that Scott Reynolds Search Partners LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Scott Reynolds Search Partners LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Glanville Limited
41 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX


14 August 2025