NPS Law LLP - Accounts

NPS Law LLP
Contents Page
For the Period 01 December 2024 to 31 March 2025

LLP information	1
Accountants' report	2
Statement of financial position	3
Notes to the financial statements	4

NPS Law LLP
LLP Information
For the Period 01 December 2024 to 31 March 2025

Members	Yusuf Mohammed Tariq
Registered Number	OC374668
Registered Office	1 Cranmore Drive, Shirley Solihull West Midlands B90 4RZ

1

NPS Law LLP Accountants' Report For the Period 01 December 2024 to 31 March 2025
As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2025 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. .................................................... HUSA Accountants Limited 11 Deakins Road Haymills Birmingham B25 8DX 23 September 2025 2

NPS Law LLP
Accountants' Report
For the Period 01 December 2024 to 31 March 2025

As described on the balance sheet you are responsible for the preparation of the financial statements for the period ended 31 March 2025 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

....................................................

HUSA Accountants Limited
11 Deakins Road
Haymills
Birmingham
B25 8DX
23 September 2025

2

NPS Law LLP
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	208,455	28,308
Cash at bank and in hand		50	50
		208,505	28,358
Creditors: amount falling due within one year	4	(158,598)	(167,582)
Net current assets		49,907	(139,224)

Total assets less current liabilities		49,907	(139,224)
Creditors: amount falling due after more than one year	5	0	(25,640)
Net assets		49,907	(164,864)

Represented by:
Loans and other debts due to members	6	49,907	0
Amounts due from members		0	(164,864)
Members' other interest
		49,907	(164,864)

Total members' interests
Amounts due from members	7	0	(164,864)
Loans and other debts due to members		49,907	0
Members' other interests		0	0
		49,907	(164,864)

For the period ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006

These accounts were approved by the members and signed on their behalf by:

.............................................................................
Yusuf Mohammed Tariq
Designated Member
Date approved by the members: 23 September 2025

3

NPS Law LLP
Notes to the Financial Statements
For the Period 01 December 2024 to 31 March 2025

General Information

NPS Law LLP is a limited liability partnership, registered in England and Wales, registration number OC374668, registration address 1 Cranmore Drive, Shirley, Solihull, West Midlands, B90 4RZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 29 (2024 : 2).

3.

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	14,455	4,193
Prepayments & Accrued Income	194,000	24,115
	208,455	28,308

4.

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts (Secured)	0	24,293
Bank Loans & Overdrafts	5,078	0
PAYE & Social Security	7,389	0
Accrued Expenses	19,095	0
Other Creditors	114,000	23,960
Wages & Salaries Control Account	1,377	0
VAT	11,659	119,329
	158,598	167,582

5.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Other Creditors	0		25,640
	0		25,640

6.

Members' Interests

	Other reserves	Loans and other debts due to members less any amounts due from members included in debtors	Total

Balance at 01 December 2024	0	(164,864)	(164,864)
Profit for the period available for discretionary division among members	0	0	0
Members' interests after profit for the period	0	(164,864)	(164,864)
Introduced by members	0	119,329	119,329
Repaid to members	0	(42,452)	(42,452)
Other movements	0	137,894	137,894
Balance at 31 March 2025	0	49,907	49,907

4


Registered Number: OC374668
England and Wales
NPS LAW LLP

Unaudited Financial Statements

Period of accounts Start date: 01 December 2024 End date: 31 March 2025