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REGISTERED NUMBER: OC417649 (England and Wales)





FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

AC PARTNERS LLP
AC PARTNERS LLP (REGISTERED NUMBER: OC417649)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


AC PARTNERS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: A Christoforou
D Christoforou
G Christoforou





REGISTERED OFFICE: 869 High Road
London
N12 8QA





REGISTERED NUMBER: OC417649 (England and Wales)





Page 1
AC PARTNERS LLP (REGISTERED NUMBER: OC417649)

ABRIDGED BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 91,411 103,465
Tangible assets 5 116,231 87,043
207,642 190,508

CURRENT ASSETS
Debtors 29,092 69,250
Cash at bank 128,917 135,477
158,009 204,727
CREDITORS
Amounts falling due within one year 103,964 105,269
NET CURRENT ASSETS 54,045 99,458
TOTAL ASSETS LESS CURRENT LIABILITIES 261,687 289,966

CREDITORS
Amounts falling due after more than one year 87,303 77,421
NET ASSETS ATTRIBUTABLE TO MEMBERS 174,384 212,545

LOANS AND OTHER DEBTS DUE TO MEMBERS 128,318 157,503

MEMBERS' OTHER INTERESTS
Capital accounts 46,066 55,042
174,384 212,545

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 128,318 157,503
Members' other interests 46,066 55,042
174,384 212,545

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 notes form part of these financial statements

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AC PARTNERS LLP (REGISTERED NUMBER: OC417649)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 24 December 2025 and were signed by:




D Christoforou - Designated member




G Christoforou - Designated member


The notes form part of these financial statements

Page 3
AC PARTNERS LLP (REGISTERED NUMBER: OC417649)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

AC Partners 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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of thirteen 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

HIRE PURCHASE AND LEASING COMMITMENTS
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 179,434
AMORTISATION
At 1 April 2024 75,969
Amortisation for year 12,054
At 31 March 2025 88,023
NET BOOK VALUE

At 31 March 2025 91,411
At 31 March 2024 103,465

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AC PARTNERS LLP (REGISTERED NUMBER: OC417649)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 153,174
Additions 50,465
At 31 March 2025 203,639
DEPRECIATION
At 1 April 2024 66,131
Charge for year 21,277
At 31 March 2025 87,408
NET BOOK VALUE
At 31 March 2025 116,231
At 31 March 2024 87,043

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 April 2024 70,935
Additions 45,810
At 31 March 2025 116,745
DEPRECIATION
At 1 April 2024 34,616
Charge for year 9,554
At 31 March 2025 44,170
NET BOOK VALUE
At 31 March 2025 72,575
At 31 March 2024 36,319

Page 5