REGISTERED NUMBER: OC448982 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PROTEUS CONSULTING LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A L Marriott

J P Norman

W S Teo

REGISTERED OFFICE:

Suite 2 The Mansion House

Chesterford Research Park

Little Chesterford

Saffron Walden

CB10 1XL

REGISTERED NUMBER:

OC448982 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

6,798

328

CURRENT ASSETS

Debtors

5

27,089

74,446

Cash at bank

215,662

-

242,751

74,446

CREDITORS

Amounts falling due within one year

6

(14,995

)

(5,686

)

NET CURRENT ASSETS

227,756

68,760

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

234,554

69,088

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

234,554

69,088

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

234,554

69,088

Amounts due from members

5

(7,627

)

-

226,927

69,088

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 17 December 2025 and were signed by:

A L Marriott - Designated member

1.	STATUTORY INFORMATION

Proteus Consulting 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 (£).

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. Revenue is recognised over the period in which services are provided.

Tangible fixed assets

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

Fixtures and fittings - 33.33% straight line

Computer equipment - 25% straight line

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

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 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

-

375

375

Additions

793

6,580

7,373

At 31 March 2025

793

6,955

7,748

DEPRECIATION

At 1 April 2024

-

47

47

Charge for year

132

771

903

At 31 March 2025

132

818

950

NET BOOK VALUE

At 31 March 2025

661

6,137

6,798

At 31 March 2024

-

328

328

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,200

-

Amounts due from members

7,627

-

Other debtors

6,040

-

VAT

-

246

Prepayments and accrued income

222

74,200

27,089

74,446

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,415

4,436

Social security and other taxes

1,777

-

VAT

284

-

Other creditors

4,583

-

Accruals and deferred income

4,936

1,250

14,995

5,686

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, loans and other debtors due to members rank equally within unsecured debts, and no additional protection is afforded to creditors.

8.	LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of capital introduced and profits

227,925

69,088

Falling due within one year

227,925

69,088

In the event of a winding up, loans and other debtors due to members rank equally within unsecured debts, and no additional protection is afforded to creditors.