REGISTERED NUMBER: OC400289 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

CFS Restructuring LLP

T/A

Corporate Financial Solutions

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A J Cordon

Mrs J E Howsam

R A B Saville

J O Everist

REGISTERED OFFICE:

22 Regent Street

Nottingham

Nottinghamshire

NG1 5BQ

REGISTERED NUMBER:

OC400289 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Tangible assets

4

5,782

7,441

CURRENT ASSETS

Debtors

5

59,143

62,649

Cash at bank and in hand

156,321

107,393

215,464

170,042

CREDITORS

Amounts falling due within one year

6

(99,441

)

(99,583

)

NET CURRENT ASSETS

116,023

70,459

TOTAL ASSETS LESS CURRENT LIABILITIES

121,805

77,900

CREDITORS

Amounts falling due after more than one year

7

(2,527

)

(12,500

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

119,278

65,400

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

119,278

65,400

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

119,278

65,400

Amounts due from members

5

-

(495

)

119,278

64,905

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 24 November 2025 and were signed by:

R A B Saville - Designated member

1.	STATUTORY INFORMATION

CFS Restructuring 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 (£).

The financial statements have been prepared on the going concern basis.

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 value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 10 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

18,961

DEPRECIATION

At 1 April 2024

11,520

Charge for year

1,659

At 31 March 2025

13,179

NET BOOK VALUE

At 31 March 2025

5,782

At 31 March 2024

7,441

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,035

15,311

Amounts due from members

-

495

Other debtors

32,630

26,146

Prepayments and accrued income

22,478

20,697

59,143

62,649

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

10,000

Taxation and social security

83,399

83,625

Other creditors

6,042

5,958

99,441

99,583

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,527

12,500

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

16,800

3,750

Between one and five years

7,000

-

23,800

3,750

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Amounts owed to members in respect of profits

119,278

65,400

Falling due within one year

119,278

65,400

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.