REGISTERED NUMBER: OC391057 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Founders Keepers LLP

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

3,214

4,066

CURRENT ASSETS

Debtors

5

373,487

315,409

Cash at bank and in hand

272,322

636,501

645,809

951,910

CREDITORS

Amounts falling due within one year

6

(241,768

)

(274,592

)

NET CURRENT ASSETS

404,041

677,318

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

407,255

681,384

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

407,255

681,384

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

407,255

681,384

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 18 December 2025 and were signed by:

Lizard Partners Limited - Designated member

1.	STATUTORY INFORMATION

Founders Keepers LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC391057

Registered office:

Treviot House

186-192 High Road

Ilford

Essex

IG1 1LR

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year. In respect of contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced.

Tangible fixed assets

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

Computer equipment

-

Straight line over 3 years

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 9 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

24,241

Additions

2,773

At 31 March 2025

27,014

DEPRECIATION

At 1 April 2024

20,175

Charge for year

3,625

At 31 March 2025

23,800

NET BOOK VALUE

At 31 March 2025

3,214

At 31 March 2024

4,066

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

208,331

204,818

Amounts owed by group undertakings

67,688

100,991

Other debtors

97,468

9,600

373,487

315,409

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

82,394

24,245

Taxation and social security

97,293

198,385

Other creditors

62,081

51,962

241,768

274,592

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, members' capital, loans and other debts due to members and members' other

interests rank pari-passu with unsecured creditors.