Company No: OC420588 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	7,841		8,235
		7,841		8,235
Current assets
Debtors	4	291,230		254,428
Cash at bank and in hand		320,805		265,691
		612,035		520,119
Creditors: amounts falling due within one year	5	( 195,380)		( 167,717)
Net current assets		416,655		352,402
Total assets less current liabilities		424,496		360,637
Creditors: amounts falling due after more than one year	6	( 1,419)		( 11,672)
Net assets attributable to members		423,077		348,965
Represented by
Loans and other debts due to members within one year
Other amounts		423,077		348,965
		423,077		348,965
Members' other interests
		0		0
		423,077		348,965
Total members' interests
Loans and other debts due to members		423,077		348,965
		423,077		348,965

For the financial year 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.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

Berensens LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

The financial statements of Berensens LLP (registered number: OC420588) were approved and authorised for issue by the Board of Directors on 01 December 2025. They were signed on its behalf by:

C Parsons Designated member

R E Haste Designated member

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Berensens LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is 14 Holyrood Street, Chard, TA20 2AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment	4 years straight line
Computer equipment	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Provisions

Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the LLP during the year	19		16

3. Tangible assets

	Office equipment		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	47,006		15,269		62,275
Additions	1,958		2,342		4,300
At 31 March 2025	48,964		17,611		66,575
Accumulated depreciation
At 01 April 2024	44,267		9,773		54,040
Charge for the financial year	1,769		2,925		4,694
At 31 March 2025	46,036		12,698		58,734
Net book value
At 31 March 2025	2,928		4,913		7,841
At 31 March 2024	2,739		5,496		8,235

4. Debtors

	2025		2024
	£		£
Trade debtors	129,647		114,133
Other debtors	161,583		140,295
	291,230		254,428

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	39,419		15,833
Other taxation and social security	52,653		33,626
Other creditors	103,308		118,258
	195,380		167,717

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	1,419		11,672

There are no amounts included above in respect of which any security has been given by the small entity.