REGISTERED NUMBER: OC421776 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Parris LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr R A Parris

Mrs J K Parris

Mr D J Parris

REGISTERED OFFICE:

343 Rugby Road

Burbage

Hinckley

Leicestershire

LE10 2NB

REGISTERED NUMBER:

OC421776 (England and Wales)

ACCOUNTANTS:

DansonOsborne Accountants Ltd

Chartered Certified Accountants

Aishling House

6a Hayes Road

Deanshanger

Milton Keynes

Buckinghamshire

MK19 6HW

FIXED ASSETS

Tangible assets

4

10,242

4,769

CURRENT ASSETS

Debtors

52,580

7,924

Cash at bank

64,497

139,050

117,077

146,974

CREDITORS

Amounts falling due within one year

7,365

262

NET CURRENT ASSETS

109,712

146,712

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

119,954

151,481

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

119,954

151,481

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

119,954

151,481

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 4 November 2025 and were signed by:

Mr R A Parris - Designated member

Mrs J K Parris - Designated member

1.	STATUTORY INFORMATION

Parris 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

11,259

Additions

8,888

At 31 March 2025

20,147

DEPRECIATION

At 1 April 2024

6,490

Charge for year

3,415

At 31 March 2025

9,905

NET BOOK VALUE

At 31 March 2025

10,242

At 31 March 2024

4,769

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of 'members' other interests'.

6.	ULTIMATE CONTROLLING PARTY

The members are the controlling party by virtue of their controlling interest in the limited liability partnership.