Silverfin false false 31/03/2025 01/04/2024 31/03/2025 APM Management Solutions Ltd 01/05/2018 Five Alpha Consulting Ltd 01/04/2020 Stephen Foot & Partners Ltd 01/06/2012 The Business Of People Limited 01/10/2016 11 August 2025 OC373355 2025-03-31 OC373355 bus:Director1 2025-03-31 OC373355 bus:Director2 2025-03-31 OC373355 bus:Director3 2025-03-31 OC373355 bus:Director4 2025-03-31 OC373355 core:CurrentFinancialInstruments 2025-03-31 OC373355 core:CurrentFinancialInstruments 2024-03-31 OC373355 2024-03-31 OC373355 2024-04-01 2025-03-31 OC373355 bus:FilletedAccounts 2024-04-01 2025-03-31 OC373355 bus:SmallEntities 2024-04-01 2025-03-31 OC373355 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC373355 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC373355 bus:Director1 2024-04-01 2025-03-31 OC373355 bus:Director2 2024-04-01 2025-03-31 OC373355 bus:Director3 2024-04-01 2025-03-31 OC373355 bus:Director4 2024-04-01 2025-03-31 OC373355 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: OC373355 (England and Wales)

CONCERTO PARTNERS LLP

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

CONCERTO PARTNERS LLP

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

CONCERTO PARTNERS LLP

STATEMENT OF FINANCIAL POSITION

As at 31 March 2025
CONCERTO PARTNERS LLP

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2025
Note 2025 2024
£ £
Current assets
Debtors 3 601,858 1,457,634
Cash at bank and in hand 652,990 85,114
1,254,848 1,542,748
Creditors: amounts falling due within one year 4 ( 576,605) ( 772,417)
Net current assets 678,243 770,331
Total assets less current liabilities 678,243 770,331
Net assets attributable to members 678,243 770,331
Represented by
Loans and other debts due to members within one year
Members' capital classified as a liability 578,243 670,331
578,243 670,331
Members' other interests
Members' capital classified as equity 100,000 100,000
100,000 100,000
678,243 770,331
Total members' interests
Loans and other debts due to members 578,243 670,331
Members' other interests 100,000 100,000
678,243 770,331

For the financial year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

The financial statements of Concerto Partners LLP (registered number: OC373355) were approved and authorised for issue by the Board of Directors on 11 August 2025. They were signed on its behalf by:

APM Management Solutions Ltd
Designated member
CONCERTO PARTNERS LLP

RECONCILIATION OF MEMBERS' INTERESTS

For the financial year ended 31 March 2025
CONCERTO PARTNERS LLP

RECONCILIATION OF MEMBERS' INTERESTS (continued)

For the financial year ended 31 March 2025
EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity) Equity reserves Total Members' capital (classified as debt) Total
£ £ £ £ £
Amounts due to members 792,257
Balance at 01 April 2023 100,000 0 100,000 792,257 892,257
Members' interest after profit for the financial year 100,000 0 100,000 792,257 892,257
Profit for the year 0 1,137,061 1,137,061 0 1,137,061
Transfer of profit 0 (1,137,061) (1,137,061) (1,137,061) (2,274,122)
Drawings 0 0 0 1,015,135 1,015,135
Amounts due to members 670,331
Balance at 31 March 2024 100,000 0 100,000 670,331 770,331
Members' interest after profit for the financial year 100,000 0 100,000 670,331 770,331
Introduced by members 0 0 0 (92,088) (92,088)
Profit for the year 0 894,123 894,123 0 894,123
Transfer of profit 0 (894,123) (894,123) 0 (894,123)
Amounts due to members 578,243
Balance at 31 March 2025 100,000 0 100,000 578,243 678,243

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

CONCERTO PARTNERS LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
CONCERTO PARTNERS LLP

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Concerto Partners LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Uncommon, 1 Long Lane, London, SE1 4PG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The members have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Comprehensive Income as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the LLP during the year 6 5

3. Debtors

2025 2024
£ £
Trade debtors 441,195 1,306,968
Prepayments and accrued income 160,663 150,666
601,858 1,457,634

4. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 374,571 543,337
Accruals 34,827 55,760
Other taxation and social security 167,207 173,320
576,605 772,417