REGISTERED NUMBER: OC373276 (England and Wales)

Adlers Surveyors LLP

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Report of the Members

1

Income Statement

2

Balance Sheet

3

Notes to the Financial Statements

5

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 Chartered Surveyors.

DESIGNATED MEMBERS

D Collins

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £32,818 (2024 - £35,613 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

D Collins - Designated member

28 July 2025

TURNOVER

57,109

58,190

Direct costs

(5,250

)

(4,970

)

GROSS PROFIT

51,859

53,220

Distribution costs

(1,040

)

(1,040

)

Administrative expenses

(18,001

)

(16,567

)

OPERATING PROFIT and

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

32,818

35,613

CURRENT ASSETS

Stocks

5,500

5,250

Debtors

17,706

13,003

Cash at bank

-

1,978

23,206

20,231

CREDITORS

Amounts falling due within one year

5

(6,414

)

(3,439

)

NET CURRENT ASSETS

16,792

16,792

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

16,792

16,792

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

66,798

66,798

MEMBERS' OTHER INTERESTS

Other reserves

(50,006

)

(50,006

)

16,792

16,792

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

66,798

66,798

Members' other interests

(50,006

)

(50,006

)

Amounts due from members

(17,706

)

(13,003

)

(914

)

3,789

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 28 July 2025 and were signed by:

D Collins - Designated member

1.	STATUTORY INFORMATION

Adlers Surveyors LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC373276

Registered office:

Second Floor, Kirkland House

11-15 Peterborough Road

Harrow

Middlesex

HA1 2AX

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.

Plant and machinery etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,390

DEPRECIATION

At 1 April 2024

and 31 March 2025

6,390

NET BOOK VALUE

At 31 March 2025

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,488

-

Taxation and social security

2,826

1,339

Other creditors

2,100

2,100

6,414

3,439

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in 'loans and other debts due to members' will rank equally with unsecured creditors.