Friendly Faces Touring LLP

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: OC451554

		31 March 2025
	Notes	£	£
CURRENT ASSETS
Debtors	4	582,036
Cash at bank and in hand		127,351

		709,387
Creditors: Amounts Falling Due Within One Year	5	(709,387 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			-

REPRESENTED BY:
TOTAL MEMBERS' INTEREST
Amounts due from members			(37,589)

			(37,589)

For the period ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Scott Verrill Designated Member	Mr Oliver Fox Designated Member
20/11/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Friendly Faces Touring LLP is a limited liability partnership, incorporated in England & Wales, registered number OC451554 . The Registered Office is 1st Floor, 104 Oxford Street, London, W1D 1LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis which assumes the continuing financial support of related entities.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services in the form of live performances.

2.4. Financial Instruments

The company has only basic financial instruments.

Basic financial assets

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.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: 2

4. Debtors

	31 March 2025
	£
Due within one year
Trade debtors	48,775
Prepayments and accrued income	491,395
VAT	4,277
Amounts due from members	37,589

	582,036

Page 2

Page 3

Friendly Faces Touring LLP

Notes to the Financial Statements (continued)

For the Period 23 March 2024 to 31 March 2025

5. Creditors: Amounts Falling Due Within One Year

	31 March 2025
	£
Trade creditors	25,004
Other creditors	635,152
Accruals and deferred income	49,231

	709,387

6. Related Party Transactions

Included in other creditors is an amount owed to Friendly Faces Records Limited, a company registered in United Kingdom and in which O Fox and S Verrill owns a material interest, of £627,567 (2024: Nil).

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