Hair & Son LLP

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

Registered number: OC335697

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		118,514		96,514

			118,514		96,514
CURRENT ASSETS
Debtors	5	91,990		72,079
Cash at bank and in hand		4,729,197		4,323,402

		4,821,187		4,395,481
Creditors: Amounts Falling Due Within One Year	6	(4,777,472 )		(4,343,382 )

NET CURRENT ASSETS (LIABILITIES)			43,715		52,099

TOTAL ASSETS LESS CURRENT LIABILITIES			162,229		148,613

Creditors: Amounts Falling Due After More Than One Year	7		(2,619 )		(13,075 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			159,610		135,538

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		70,000		70,000
Other amounts		89,610		65,538

			159,610		135,538

			159,610		135,538

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			159,610		135,538

			159,610		135,538

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Hair & Son 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

Elenco Real Estate Limited Designated Member	Bleu Delta Limited Designated Member
28th November 2025

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

1. General Information

Hair & Son LLP is a limited liability partnership, incorporated in England & Wales, registered number OC335697 . The Registered Office is 200 London Road, Southend on Sea, Essex, SS1 1PJ.

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 the 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. 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:

Leasehold	Nil
Plant & Machinery	50% per anum on a straight line basis

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

2.6. Pensions

The LLP operates a defined pension contribution scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was:

	2025	2024
Office and administration	38	39

	38	39

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Hair & Son LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold	Investment Properties	Plant & Machinery	Total
	£	£	£	£
Cost
As at 1 April 2024	20,000	76,501	91,597	188,098
Additions	-	22,000	-	22,000

As at 31 March 2025	20,000	98,501	91,597	210,098

Depreciation
As at 1 April 2024	-	-	91,584	91,584

As at 31 March 2025	-	-	91,584	91,584

Net Book Value
As at 31 March 2025	20,000	98,501	13	118,514

As at 1 April 2024	20,000	76,501	13	96,514

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	88,104	64,631
Other debtors	3,886	7,448

	91,990	72,079

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	10,463	10,191
Other taxes and social security	33,618	52,929
VAT	110,262	98,000
Other creditors	4,598,409	4,141,499
Accruals and deferred income	24,720	40,763

	4,777,472	4,343,382

Included in other creditors are client monies of £4,068,904 (2023: £3,912,963) held in designated client accounts.

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,619	13,075

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Hair & Son LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Other Commitments

At the end of the period the LLP had minimum lease payments under non-cancellable leases as follows:

	2025	2024
	£	£
Not later than one year	75,000	75,000
Later than one year and not later than five years	131,000	206,000

	206,000	281,000

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