REGISTERED NUMBER: OC452243 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

10 MAY 2024 TO 31 MARCH 2025

FOR

RESIDENTIALLY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

J L Pearson

Mrs G F Pearson

REGISTERED OFFICE:

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

REGISTERED NUMBER:

OC452243 (England and Wales)

ACCOUNTANTS:

Thompson Taraz Rand Ltd

Chartered Accountants

10 Jesus Lane

Cambridge

Cambridgeshire

CB5 8BA

CURRENT ASSETS

Debtors

4

288,500

Cash at bank

23,596

312,096

CREDITORS

Amounts falling due within one year

5

(117,588

)

NET CURRENT ASSETS

194,508

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

194,508

LOANS AND OTHER DEBTS DUE TO MEMBERS

194,508

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

194,508

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

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 Profit and loss account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 16 December 2025 and were signed by:

J L Pearson - Designated member

1.	STATUTORY INFORMATION

Residentially 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.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

288,500

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

18,028

Other creditors

99,560

117,588

6.	RELATED PARTY TRANSACTIONS

During the year, the partnership charged £370,000 for management and consultancy services to companies under common control. At the balance sheet date, £288,500 was due to the partnership. The balance bears no interest, is repayable on demand, and is included within accrued income falling due within one year.

During the year, the partnership was charged £75,305 for vehicle-related costs by a partnership under common control. At the balance sheet date, £75,305 was owed to the partnership under common control. The balance is unsecured, repayable on demand, and is included within accruals falling due within one year.

At the balance sheet date, the partnership owed £24,254 to companies under common control. The balance bears no interest, is unsecured, repayable on demand, and is included within creditors falling due within one year.