REGISTERED NUMBER: OC301577 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Clifford Dann LLP

Page

General Information

1

Report of the Members

2

Chartered Accountants' Report

3

Profit and loss account

4

Balance Sheet

5

Notes to the Financial Statements

7

Designated members:

J C Groves

M J Hudson

Registered office:

85 Church Road

Hove

East Sussex

BN3 2BB

Registered number:

OC301577 (England and Wales)

Accountants:

Wilson Sandford Limited

Chartered accountants

85 Church Road

Hove

East Sussex

BN3 2BB

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

Designated members

The designated members during the year under review were:

J C Groves

M J Hudson

Results for the year and allocation to members

The loss for the year before members' remuneration and profit shares was £16,370 (2024 - £54,497 profit).

Members' interests

On behalf of the members:

M J Hudson - Designated member

3 September 2025

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 Clifford Dann LLP for the year ended 31 March 2025 which comprise the Profit and loss account, Balance Sheet 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 Clifford Dann 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 Clifford Dann LLP and state those matters that we have agreed to state to the members of Clifford Dann 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 Clifford Dann LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Clifford Dann 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 loss of Clifford Dann LLP. You consider that Clifford Dann 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 Clifford Dann 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.

Wilson Sandford Limited

Chartered accountants

85 Church Road

Hove

East Sussex

BN3 2BB

9 September 2025

Turnover

9,313

126,190

Cost of sales

(99

)

(65,783

)

Gross profit

9,214

60,407

Administrative expenses

(25,778

)

(39,769

)

(16,564

)

20,638

Other operating income

-

31,820

Operating (loss)/profit

(16,564

)

52,458

Interest receivable and similar income

194

2,047

(16,370

)

54,505

Interest payable and similar expenses

-

(8

)

(Loss)/profit for the financial year before members' remuneration and profit shares

(16,370

)

54,497

(Loss)/profit for the financial year before members' remuneration and profit shares

(16,370

)

54,497

Members' remuneration charged as an expense

4

16,370

(54,497

)

Profit for the financial year available for discretionary division among members

-

-

Fixed assets

Tangible fixed assets

5

15,660

20,880

Current assets

Debtors

6

40,444

77,337

Cash at bank

32,798

57,530

73,242

134,867

Creditors

Amounts falling due within one year

7

8,768

26,600

Net current assets

64,474

108,267

Total assets less current liabilities

and

Net assets attributable to members

80,134

129,147

Loans and other debts due to members

8

3,134

52,147

Members' other interests

Capital accounts

77,000

77,000

80,134

129,147

Total members' interests

Loans and other debts due to members

8

3,134

52,147

Members' other interests

77,000

77,000

Amounts due from members

6

(11,673

)

-

68,461

129,147

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 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 3 September 2025 and were signed by:

M J Hudson - Designated member

1.	Statutory information

Clifford Dann LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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 and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

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

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Financial instruments

A financial asset or a financial liability is recognised only when the entity 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. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

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 NIL (2024 - 3 ).

4.	Information in relation to members

2025

2024

£

£

Members' remuneration charged as an expense

Partners' interest

11,558

7,060

Automatic division of (loss)/profit

(27,928

)

47,437

Total remuneration

(16,370

)

54,497

5.	Tangible fixed assets

Motor

vehicles

£

Cost

At 1 April 2024

and 31 March 2025

59,145

Depreciation

At 1 April 2024

38,265

Charge for year

5,220

At 31 March 2025

43,485

Net book value

At 31 March 2025

15,660

At 31 March 2024

20,880

6.

Debtors

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

176

12,831

Other debtors

15,349

4,505

15,525

17,336

Amounts falling due after more than one year:

Other debtors

24,919

60,001

Aggregate amounts

40,444

77,337

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Hire purchase contracts

-

10,215

Trade creditors

-

687

Taxation and social security

5,380

6,698

Other creditors

3,388

9,000

8,768

26,600

8.

Loans and other debts due to members

Members' other interests rank after unsecured creditors, and loans and other debts due to members rank pari passu with unsecured creditors in the event of a winding up. In such an event, there is no further protection afforded to creditors which is legally enforceable and cannot be revoked at will by the members.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.