REGISTERED NUMBER: OC354236 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SIMMONSHERRIFF LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

K J Simmons

D M Sherriff

REGISTERED OFFICE:

83 High Street

Bridlington

East Yorkshire

YO16 4PN

REGISTERED NUMBER:

OC354236 (England and Wales)

ACCOUNTANTS:

Jackson Robson Licence Limited

33-35 Exchange Street

Driffield

East Yorkshire

YO25 6LL

FIXED ASSETS

Tangible assets

4

136,299

136,405

CURRENT ASSETS

Debtors

5

6,353

14,259

Cash at bank

2,803

2,176

9,156

16,435

CREDITORS

Amounts falling due within one year

6

18,320

18,630

NET CURRENT LIABILITIES

(9,164

)

(2,195

)

TOTAL ASSETS LESS CURRENT LIABILITIES

127,135

134,210

CREDITORS

Amounts falling due after more than one year

7

49,374

62,689

NET ASSETS ATTRIBUTABLE TO MEMBERS

77,761

71,521

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

77,761

71,521

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

77,761

71,521

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 15 December 2025 and were signed by:

K J Simmons - Designated member

D M Sherriff - Designated member

1.	STATUTORY INFORMATION

Simmonsherriff 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.

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

-

33% on cost 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.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

135,104

10,897

146,001

Additions

-

193

193

At 31 March 2025

135,104

11,090

146,194

DEPRECIATION

At 1 April 2024

-

9,596

9,596

Charge for year

-

299

299

At 31 March 2025

-

9,895

9,895

NET BOOK VALUE

At 31 March 2025

135,104

1,195

136,299

At 31 March 2024

135,104

1,301

136,405

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,025

13,891

Other debtors

1,328

368

6,353

14,259

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

13,205

12,823

Taxation and social security

3,306

4,257

Other creditors

1,809

1,550

18,320

18,630

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

49,374

62,689

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

10,767

20,687

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members are subordinate to other creditors.