REGISTERED NUMBER: OC421483 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

STINSON & ASSOCIATES LLP

TRADING AS

ELLIS & CO

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

P Stinson

RA White

REGISTERED OFFICE:

Global House

303 Ballards Lane

London

N12 8NP

REGISTERED NUMBER:

OC421483 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

47,526

43,322

47,526

43,322

CURRENT ASSETS

Debtors

6

8,133

10,161

Cash at bank and in hand

97,774

77,147

105,907

87,308

CREDITORS

Amounts falling due within one year

7

(46,142

)

(37,540

)

NET CURRENT ASSETS

59,765

49,768

TOTAL ASSETS LESS CURRENT LIABILITIES

107,291

93,090

CREDITORS

Amounts falling due after more than one year

8

-

(6,159

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

107,291

86,931

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

107,291

86,931

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

107,291

86,931

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 19 December 2025 and were signed by:

P Stinson - Designated member

1.	STATUTORY INFORMATION

Stinson & Associates 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

Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business.

Revenue represents amounts received from sale of properties net of VAT, letting commission net of VAT and rents receivable.

Goodwill

Goodwill, being the amount paid in connection with the previous acquisition of 50% of the business. This was amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Motor vehicles - 20% on reducing balance

Furniture and fixtures - 25% 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 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

110,000

AMORTISATION

At 1 April 2024

and 31 March 2025

110,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

6,223

49,778

56,001

Additions

17,391

-

17,391

At 31 March 2025

23,614

49,778

73,392

DEPRECIATION

At 1 April 2024

2,723

9,956

12,679

Charge for year

5,223

7,964

13,187

At 31 March 2025

7,946

17,920

25,866

NET BOOK VALUE

At 31 March 2025

15,668

31,858

47,526

At 31 March 2024

3,500

39,822

43,322

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

8,133

7,112

VAT

-

3,049

8,133

10,161

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

6,431

9,513

Trade creditors

17,236

18,143

Rent deposit

3,800

3,800

PAYE

-

346

Pension

138

138

VAT

12,387

-

Accrued expenses

6,150

5,600

46,142

37,540

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Hire purchase contracts

-

6,159

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31/3/25

31/3/24

£

£

Amounts owed to members in respect of profits

107,291

86,931

Falling due within one year

107,291

86,931