REGISTERED NUMBER: OC319635 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Chase Sinclair Clark LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Ms V E Clark

J A S Clark

REGISTERED OFFICE:

2nd Floor

7/8 Market Place

London

W1W 8AG

REGISTERED NUMBER:

OC319635 (England and Wales)

ACCOUNTANTS:

K H Accounting

12 Montgomery Road

Newbury

Berkshire

RG14 6HU

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

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of consultant surveyors and chartered surveyors.

DESIGNATED MEMBERS

The designated members during the year under review were:

Ms V E Clark

J A S Clark

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £196,033 (2024 - £154,634 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Ms V E Clark - Designated member

24 September 2025

TURNOVER

412,283

380,535

Administrative expenses

216,176

223,766

OPERATING PROFIT

4

196,107

156,769

Interest payable and similar expenses

74

2,135

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

196,033

154,634

FIXED ASSETS

Tangible assets

5

10,594

2,014

CURRENT ASSETS

Debtors

6

6,550

23,407

Cash at bank and in hand

180,947

152,816

187,497

176,223

CREDITORS

Amounts falling due within one year

7

66,991

74,712

NET CURRENT ASSETS

120,506

101,511

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

131,100

103,525

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

131,100

103,525

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

131,100

103,525

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 24 September 2025 and were signed by:

Ms V E Clark - Designated member

1.	STATUTORY INFORMATION

Chase Sinclair Clark 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.

Office equipmt

-

25% 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.

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

2,556

2,861

5.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipmt

Totals

£

£

£

COST

At 1 April 2024

-

21,653

21,653

Additions

9,000

2,244

11,244

Disposals

-

(19,153

)

(19,153

)

At 31 March 2025

9,000

4,744

13,744

DEPRECIATION

At 1 April 2024

-

19,639

19,639

Charge for year

938

1,618

2,556

Eliminated on disposal

-

(19,045

)

(19,045

)

At 31 March 2025

938

2,212

3,150

NET BOOK VALUE

At 31 March 2025

8,062

2,532

10,594

At 31 March 2024

-

2,014

2,014

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,300

10,047

Prepayments

1,250

13,360

6,550

23,407

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

3,703

11,453

VAT

13,257

26,266

Accrued expenses

50,031

36,993

66,991

74,712

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Debts due from members would rank the same as other debt.