REGISTERED NUMBER: OC407139 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RISKFIX LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

T Linstead

S Wilson

REGISTERED OFFICE:

The Venture Centre

University of Warwick Science Park

Sir William Lyons Road

Coventry

West Midlands

CV4 7EZ

REGISTERED NUMBER:

OC407139 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

3,216

4,386

CURRENT ASSETS

Debtors

5

19,826

109,798

Cash at bank

1,423

8,655

21,249

118,453

CREDITORS

Amounts falling due within one year

6

14,993

87,511

NET CURRENT ASSETS

6,256

30,942

TOTAL ASSETS LESS CURRENT LIABILITIES

9,472

35,328

CREDITORS

Amounts falling due after more than one year

7

5,833

15,833

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,639

19,495

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

3,639

19,495

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

3,639

19,495

Amounts due from members

5

-

(42,894

)

3,639

(23,399

)

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 17 September 2025 and were signed by:

T Linstead - Designated member

1.	STATUTORY INFORMATION

Riskfix 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 the Pound Sterling (£).

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

32,085

DEPRECIATION

At 1 April 2024

27,699

Charge for year

1,170

At 31 March 2025

28,869

NET BOOK VALUE

At 31 March 2025

3,216

At 31 March 2024

4,386

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

962

61,421

Amounts due from members

-

42,894

Other debtors

515

4,941

Prepayments and accrued income

18,349

542

19,826

109,798

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

4,049

52,195

VAT

114

1,750

Accruals and deferred income

830

23,566

14,993

87,511

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

5,833

10,000

Bank loans - 2-5 years

-

5,833

5,833

15,833

8.

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.