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REGISTERED NUMBER: OC308323 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2025

FOR

WM SAUNDERS PARTNERSHIP LLP

WM SAUNDERS PARTNERSHIP LLP (REGISTERED NUMBER: OC308323)

CONTENTS OF THE FINANCIAL STATEMENTS

for the Year Ended 30th June 2025

Page |

General Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

WM SAUNDERS PARTNERSHIP LLP

GENERAL INFORMATION

for the Year Ended 30th June 2025

| DESIGNATED MEMBERS: | A C Gibson

| N A Connett

| S J Saunders

| S S Hood

| Ms T J Howard

| P E Joyce

| REGISTERED OFFICE: | Ossington Chambers

| 6-8 Castle Gate

| Newark

| Nottinghamshire

| NG24 1AX

| REGISTERED NUMBER: | OC308323 (England and Wales)

| ACCOUNTANTS: | Stephenson Nuttall & Co

| Chartered Accountants

| Ossington Chambers

| 6-8 Castle Gate

| Newark

| Nottinghamshire

| NG24 1AX

WM SAUNDERS PARTNERSHIP LLP (REGISTERED NUMBER: OC308323)

BALANCE SHEET

30th June 2025

| 30/6/25 | 30/6/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 8,500 |  | 8,500 |  |

Tangible assets | 5 | 84,622 |  | 73,703 |  |

93,122 |  | 82,203 |  |

CURRENT ASSETS

Stocks | 800 |  | 800 |  |

Debtors | 6 | 822,310 |  | 757,804 |  |

Cash at bank and in hand | 13,912 |  | 189,549 |  |

837,022 |  | 948,153 |  |

CREDITORS

Amounts falling due within one year | 7 | 447,513 |  | 389,866 |  |

NET CURRENT ASSETS | 389,509 |  | 558,287 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 482,631 |  | 640,490 |  |

WM SAUNDERS PARTNERSHIP LLP (REGISTERED NUMBER: OC308323)

BALANCE SHEET - continued

30th June 2025

| 30/6/25 | 30/6/24 |

| Notes | £ | £ | £ | £ |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 8 | 257,631 |  | 370,490 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 225,000 |  | 270,000 |  |

482,631 |  | 640,490 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 8 | 257,631 |  | 370,490 |  |

Members' other interests | 225,000 |  | 270,000 |  |

482,631 |  | 640,490 |  |

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 30th June 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 12th November 2025 and were signed by:

A C Gibson - Designated member

S J Saunders - Designated member

WM SAUNDERS PARTNERSHIP LLP (REGISTERED NUMBER: OC308323)

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 30th June 2025

1. | STATUTORY INFORMATION

| Wm Saunders Partnership 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.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Intangible assets are not being amortised as their residual value is anticipated to be not less than cost.

| 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 | - | 15% on reducing balance

| Computer equipment | - | 50% on cost and 33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| Pension costs and other post-retirement benefits

| The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

| Members' profit shares

| Members are remunerated solely out of the profits of the LLP, and are personally responsible for funding their pensions and other benefits. Final allocation of the profits to members is made in the light of the results for the year after assessing the contribution to the LLP of each office and each member.

| Members' drawings

| The policy for members' drawings is to distribute the majority of the profit during the financial year having taken into account the need to maintain sufficient funds to settle members' income tax liabilities with H M Revenue & Customs and to finance the working capital and other requirements of the business. The level of members' monthly drawings and other interim drawings is determined by the members as a whole. The final allocation and distribution of profits to individual members is made once the provision of profits has been assessed based on performances, and after the annual financial statements have been approved.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 35 (2024 - 37 ) .

WM SAUNDERS PARTNERSHIP LLP (REGISTERED NUMBER: OC308323)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30th June 2025

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 1st July 2024

| and 30th June 2025 | 8,500 |  |

| NET BOOK VALUE

| At 30th June 2025 | 8,500 |  |

| At 30th June 2024 | 8,500 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Computer |

| fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1st July 2024 | 176,861 |  | 110,274 |  | 287,135 |  |

| Additions | 18,750 |  | 19,450 |  | 38,200 |  |

| Disposals | (3,893 | ) | - |  | (3,893 | ) |

| At 30th June 2025 | 191,718 |  | 129,724 |  | 321,442 |  |

| DEPRECIATION

| At 1st July 2024 | 126,166 |  | 87,266 |  | 213,432 |  |

| Charge for year | 8,609 |  | 15,447 |  | 24,056 |  |

| Eliminated on disposal | (668 | ) | - |  | (668 | ) |

| At 30th June 2025 | 134,107 |  | 102,713 |  | 236,820 |  |

| NET BOOK VALUE

| At 30th June 2025 | 57,611 |  | 27,011 |  | 84,622 |  |

| At 30th June 2024 | 50,695 |  | 23,008 |  | 73,703 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30/6/25 |  | 30/6/24

£ | £ |

| Trade debtors | 602,495 |  | 515,547 |  |

| Other debtors | 6,751 |  | 13,168 |  |

| Accrued income | 78,003 |  | 94,826 |  |

| Prepayments | 135,061 |  | 134,263 |  |

822,310 |  | 757,804 |  |

WM SAUNDERS PARTNERSHIP LLP (REGISTERED NUMBER: OC308323)

NOTES TO THE FINANCIAL STATEMENTS - continued

for the Year Ended 30th June 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30/6/25 |  | 30/6/24

£ | £ |

| Trade creditors | 175,764 |  | 185,343 |  |

| Social security and other taxes | 156,911 |  | 163,409 |  |

| Loans repayable to retired members | 77,207 |  | - |  |

| Accrued expenses | 37,631 |  | 41,114 |  |

447,513 |  | 389,866 |  |

8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 30/6/25 |  | 30/6/24

£ | £ |

| Amounts owed to members in respect of profits | 257,631 |  | 370,490 |  |

| Falling due within one year | 257,631 |  | 370,490 |  |

| Loans and other debts due to members rank equally with other unsecured creditors.

9. | CONTINGENT LIABILITIES

| The LLP had no contingent liabilities at 30th June 2025 (2024 - none).

10. | CAPITAL COMMITMENTS

| 30/6/25 |  | 30/6/24

£ | £ |

| Contracted but not provided for in the

| financial statements | - |  | - |  |

11. | RELATED PARTY DISCLOSURES

| During the year, the partnership rented property from WSP Enterprises LLP, rent charged amounting to £16,500 (2024 - £16,500). There was no balance outstanding at 30th June 2024 or 30th June 2025. The members consider that all transactions have taken place on normal commercial terms. Two members hold by virtue of their own and family interests 50% of the profit share and voting rights in WSP Enterprises LLP.