CS Partnership LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC308821

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,175		7,125
Tangible Assets	5		2,951		3,939

			9,126		11,064
CURRENT ASSETS
Stocks	6	1,587		9,874
Debtors	7	41,478		22,492
Cash at bank and in hand		405		1,258

		43,470		33,624
Creditors: Amounts Falling Due Within One Year	8	(16,227 )		(13,307 )

NET CURRENT ASSETS (LIABILITIES)			27,243		20,317

TOTAL ASSETS LESS CURRENT LIABILITIES			36,369		31,381

NET ASSETS ATTRIBUTABLE TO MEMBERS			36,369		31,381

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		36,369		31,381

			36,369		31,381

			36,369		31,381

TOTAL MEMBERS' INTEREST
Amounts due from members			(15,282)		(10,578)
Loans and other debts due to members within one year			36,369		31,381

			21,087		20,803

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CS Partnership 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 Jeffrey Steel

Designated Member

24/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

CS Partnership LLP Registered number OC308821 is a Limited Liability Partnership incorporated in England & Wales. The Registered Office is 7 St. Georges Yard, Castle Street, Farnham, Surrey, GU9 7LW.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are for a Franchise. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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	3 years on cost
Fixtures & Fittings	25% on reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees during the year was: NIL (2024: NIL)

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CS Partnership LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2024	9,500

As at 31 March 2025	9,500

Amortisation
As at 1 April 2024	2,375
Provided during the period	950

As at 31 March 2025	3,325

Net Book Value
As at 31 March 2025	6,175

As at 1 April 2024	7,125

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2024	3,953	33,248	37,201

As at 31 March 2025	3,953	33,248	37,201

Depreciation
As at 1 April 2024	1,652	31,610	33,262
Provided during the period	525	463	988

As at 31 March 2025	2,177	32,073	34,250

Net Book Value
As at 31 March 2025	1,776	1,175	2,951

As at 1 April 2024	2,301	1,638	3,939

6. Stocks

	2025	2024
	£	£
Work in progress	1,587	9,874

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CS Partnership LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	24,032	6,515
Other debtors	17,446	15,977

	41,478	22,492

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	90	90
Bank loans and overdrafts	6,001	2,892
Other loans	-	3,345
Other creditors	4,034	4,013
Taxation and social security	6,102	2,967

	16,227	13,307

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