REGISTERED NUMBER: OC420868 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

PHIZZ RX PARTNERSHIP LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

Mrs M Cheong-Thong

R V Thong

REGISTERED OFFICE:

36 Rotherwood Road

London

SW15 1JZ

REGISTERED NUMBER:

OC420868 (England and Wales)

ACCOUNTANTS:

Andrew Thurburn & Co

Chartered Accountants

38 Tamworth Road

Croydon

Surrey

CR0 1XU

The members present their report with the financial statements of the LLP for the year ended 31st March 2025.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mrs M Cheong-Thong

R V Thong

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £2,146 (2024 - £355 profit).

MEMBERS' INTERESTS

Each partner (designated member) shares the capital introduced and drawings on a 50/50 basis. The profit share is dependent on the individual partner's input into the business.

ON BEHALF OF THE MEMBERS:

R V Thong - Designated member

3rd November 2025

TURNOVER

11,667

12,170

Cost of sales

1,899

809

GROSS PROFIT

9,768

11,361

Administrative expenses

12,679

11,476

OPERATING LOSS

(2,911

)

(115

)

Interest receivable and similar income

765

470

(LOSS)/PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(2,146

)

355

FIXED ASSETS

Investments

4

72,131

72,131

CURRENT ASSETS

Debtors

5

81

105

Cash at bank

1,770

31,690

1,851

31,795

CREDITORS

Amounts falling due within one year

6

1,856

954

NET CURRENT (LIABILITIES)/ASSETS

(5

)

30,841

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

72,126

102,972

LOANS AND OTHER DEBTS DUE TO MEMBERS

72,126

102,972

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

72,126

102,972

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 31st 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 3rd November 2025 and were signed by:

R V Thong - Designated member

1.	STATUTORY INFORMATION

Phizz RX 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.

3.	EMPLOYEE INFORMATION

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

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

72,131

NET BOOK VALUE

At 31st March 2025

72,131

At 31st March 2024

72,131

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

81

105

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,856

954