REGISTERED NUMBER: OC364785 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FREEMONT INVESTORS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Y M I Bhailok

M I Kantharia

REGISTERED OFFICE:

Haighton House

Cow Hill

Haighton

Preston

Lancashire

PR2 5SJ

REGISTERED NUMBER:

OC364785 (England and Wales)

ACCOUNTANTS:

Streets Turner Limited

Chartered Accountants

9 Victoria Rd

Fulwood

Preston

Lancashire

PR2 8ND

FIXED ASSETS

Tangible assets

4

615,836

570,000

CURRENT ASSETS

Stocks

269,133

269,133

Debtors

5

223,412

153,939

Cash at bank

50,552

80,388

543,097

503,460

CREDITORS

Amounts falling due within one year

6

105,956

31,049

NET CURRENT ASSETS

437,141

472,411

TOTAL ASSETS LESS CURRENT LIABILITIES

1,052,977

1,042,411

CREDITORS

Amounts falling due after more than one year

7

9,252

16,651

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,043,725

1,025,760

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,050,477

1,032,512

MEMBERS' OTHER INTERESTS

Capital accounts

(1,191,708

)

(1,191,708

)

Other reserves

1,184,956

1,184,956

1,043,725

1,025,760

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,050,477

1,032,512

Members' other interests

(6,752

)

(6,752

)

1,043,725

1,025,760

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 and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 30 September 2025 and were signed by:

Y M I Bhailok - Designated member

1.	STATUTORY INFORMATION

Freemont Investors 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, net of discounts and value added taxes. Turnover includes rental income and revenue earned from rendering of services.

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

-

20% on reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete the sell.

Division of profits

Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members' remuneration charged as an expense in the profit and loss account.

Taxation

Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts help by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price), Loans and other financial assets are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Members' capital

Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Motor

property

vehicles

Totals

£

£

£

COST

At 1 April 2024

570,000

-

570,000

Additions

-

57,295

57,295

At 31 March 2025

570,000

57,295

627,295

DEPRECIATION

Charge for year

-

11,459

11,459

At 31 March 2025

-

11,459

11,459

NET BOOK VALUE

At 31 March 2025

570,000

45,836

615,836

At 31 March 2024

570,000

-

570,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,647

-

Amounts owed by associates

193,765

143,939

Other debtors

25,000

10,000

223,412

153,939

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

72,406

1,961

VAT

8,398

3,934

Accruals and deferred income

24,297

24,297

Accrued expenses

855

857

105,956

31,049

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

9,252

16,651

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Loans from members

785,424

815,424

Amounts owed to members in respect of profits

265,053

217,088

1,050,477

1,032,512

Falling due within one year

1,050,477

1,032,512

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