ACCOUNTS - Final Accounts preparation

Loans and other debts due to members

Registered number: OC365026

CLARKSON WRIGHT & JAKES SERVICES LLP

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

CLARKSON WRIGHT & JAKES SERVICES LLP

REGISTERED NUMBER: OC365026

BALANCE SHEET

AS AT 30 APRIL 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1,126,755		833,158
Cash at bank and in hand	5	88,388		35,360
		1,215,143		868,518
Creditors: Amounts Falling Due Within One Year	6	(758,514)		(479,517)
Net current assets			456,629		389,001
Total assets less current liabilities			456,629		389,001

Net assets			456,629		389,001

Represented by:
Loans and other debts due to members within one year
Other amounts	7	456,629	389,001
		456,629	389,001

		456,629	389,001

Total members' interests
Loans and other debts due to members	7	456,629	389,001
		456,629	389,001

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CLARKSON WRIGHT & JAKES SERVICES LLP

REGISTERED NUMBER: OC365026

BALANCE SHEET (CONTINUED)

AS AT 30 APRIL 2025

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 22 September 2025.

A J Mehlin

Designated member

The notes on pages 3 to 6 form part of these financial statements.

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CLARKSON WRIGHT & JAKES SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Clarkson Wright & Jakes Services LLP is a Limited Liability Partnership incorporated in England and Wales. The address of the registered office is Valiant House, 12 Knoll Rise, Orpington, Kent, BR6 0PG. The principal activity of the partnership during the year has been that of the provision of staff support and services.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the LLP will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Pensions

Defined contribution pension plan

The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the LLP in independently administered funds.

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CLARKSON WRIGHT & JAKES SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.4

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, during the year was 64 (2024 - 61).

Debtors

					2025	2024
					£	£


Trade debtors	1,124,822	828,299
Other debtors	1,933	4,859
	1,126,755	833,158

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CLARKSON WRIGHT & JAKES SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	88,388	35,360
	88,388	35,360

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	243,411	237,013
Other creditors	15,257	11,252
Accruals and deferred income	499,846	231,252
	758,514	479,517


Other amounts due to members	456,629	389,001
	456,629	389,001

Loans and other debts due to members may be further analysed as follows:

					2025	2024
					£	£


Falling due within one year	456,629	389,001
	456,629	389,001

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

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CLARKSON WRIGHT & JAKES SERVICES LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

8.	Pension commitments

The entity operates a defined contribution pension scheme. The assets of the scheme are held separately
from those of the entity in an independently administered fund. Contributions totalling £15,257 (2024 - £11,252) were payable to the fund at the balance sheet date and are included in creditors.

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