FRASER IRVINE SHERIFF OFFICERS LLP

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

Registered number: SO304091

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		60,000		60,000
Tangible Assets	5		8,317		9,813

			68,317		69,813
CURRENT ASSETS
Debtors	6	57,228		63,139
Cash at bank and in hand		45,862		20,336

		103,090		83,475
Creditors: Amounts Falling Due Within One Year	7	(54,166 )		(55,966 )

NET CURRENT ASSETS (LIABILITIES)			48,924		27,509

TOTAL ASSETS LESS CURRENT LIABILITIES			117,241		97,322

NET ASSETS ATTRIBUTABLE TO MEMBERS			117,241		97,322

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		117,241		97,322

			117,241		97,322

			117,241		97,322

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			117,241		97,322

			117,241		97,322

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FRASER IRVINE SHERIFF OFFICERS 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 A Irvine

Designated Member

18th November 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

FRASER IRVINE SHERIFF OFFICERS LLP is a limited liability partnership, incorporated in Scotland, registered number SO304091 . The Registered Office is Clyde Offices, 48 West George Street, Glasgow, G2 1BP.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.3. 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:

Plant & Machinery

15% reducing balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 6 (2024: )

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	60,000

As at 31 March 2025	60,000

Net Book Value
As at 31 March 2025	60,000

As at 1 April 2024	60,000

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FRASER IRVINE SHERIFF OFFICERS LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	40,767
Additions	792

As at 31 March 2025	41,559

Depreciation
As at 1 April 2024	30,954
Provided during the period	2,288

As at 31 March 2025	33,242

Net Book Value
As at 31 March 2025	8,317

As at 1 April 2024	9,813

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	53,767	59,658
Other debtors	3,461	3,481

	57,228	63,139

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	7,186	5,963
Bank loans and overdrafts	18,380	22,409
Other creditors	1,100	1,100
Taxation and social security	27,500	26,494

	54,166	55,966

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