Clifton Partnership LLP

	Page
LLP Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—5

Designated Members

Mrs Nicola Remfry appointed 6/9/24

Mr Benjamin Simpson resigned 6/9/24

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Clifton Partnership LLP

Balance Sheet

As At 31 March 2025

Balance Sheet

Registered number: OC327942

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		7,223		24,436

			7,223		24,436
CURRENT ASSETS
Debtors	6	12,590		123,040
Cash at bank and in hand		26,122		47,980

		38,712		171,020
Creditors: Amounts Falling Due Within One Year	7	(5,810 )		(99,901 )

NET CURRENT ASSETS (LIABILITIES)			32,902		71,119

TOTAL ASSETS LESS CURRENT LIABILITIES			40,125		95,555

NET ASSETS ATTRIBUTABLE TO MEMBERS			40,125		95,555

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		(127,330)		79,550
Other amounts		158,105		-

			30,775		79,550

Equity
Members' other interests
Members' capital		9,350		16,005

			9,350		16,005

			40,125		95,555

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			30,775		79,550
Members' other interests			9,350		16,005

			40,125		95,555

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Clifton Partnership LLP

Balance Sheet (continued)

As At 31 March 2025

For the 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 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 James Remfry

Designated Member

16/12/2025

The notes on pages 4 to 5 form part of these financial statements.

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Clifton Partnership LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

Notes to the Financial Statements

1. General Information

Clifton Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC327942 . The Registered Office is 20 Foubert's Place, London, W1F 7PL.

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

Following the resignation from the LLP of Benjamin Simpson and the employment of James Remfry the LLP can no longer be treated as a going concern.

2.3. Turnover

Turnover represents the fair value of the consideration received or receivable and comprises commissions and fees receivable from agency and professional activities. Fair value reflects the amount expected to be recoverable from clients, but excludes VAT.

Agency commissions are recognised either on the unconditional completion of a contract or when a fee is contractually due. Professional fees are recognised on an ongoing basis and on completion of the assignment.

Turnover which has been recognised but not invoiced by the balance sheet date is included in debtors in accrued income.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	over the lease term
Plant & Machinery	25% Straight Line
Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 3)

4. Prior Period Adjustment

The comparative figures for 2024 have been revised to account for a bad debt of £141,878 being incurred in the year but not accounted for.

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Clifton Partnership LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	9,480	44,806	17,153	71,439
Disposals	-	-	(8,250 )	(8,250 )

As at 31 March 2025	9,480	44,806	8,903	63,189

Depreciation
As at 1 April 2024	5,308	35,751	5,944	47,003
Provided during the period	4,172	4,800	(9 )	8,963

As at 31 March 2025	9,480	40,551	5,935	55,966

Net Book Value
As at 31 March 2025	-	4,255	2,968	7,223

As at 1 April 2024	4,172	9,055	11,209	24,436

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	420	90,475
Other debtors	12,170	32,565

	12,590	123,040

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	1,740	40,721
Other creditors	2,271	9,986
Taxation and social security	1,799	49,194

	5,810	99,901

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024 as restated
	£	£
Not later than one year	45,420	70,410
Later than one year and not later than five years	56,554	116,310

	101,974	186,720

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Designated Members	Mr James Remfry
	Mrs Nicola Remfry

LLP Registration Number	OC327942

Registered Office	20 Foubert's Place
	London
	W1F 7PL

Accountants	Rox Tax & Accounting Ltd
	9 Ranmore Place
	Ranmore Common
	Dorking
	Surrey
	RH5 6SX