Purvis Stevens LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC327030

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	5	99,474		116,654
Cash at bank and in hand		66,825		78,647

		166,299		195,301
Creditors: Amounts Falling Due Within One Year	6	(63,446 )		(79,691 )

NET CURRENT ASSETS (LIABILITIES)			102,853		115,610

TOTAL ASSETS LESS CURRENT LIABILITIES			102,853		115,610

NET ASSETS ATTRIBUTABLE TO MEMBERS			102,853		115,610

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		102,853		115,610

			102,853		115,610

			102,853		115,610

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			102,853		115,610

			102,853		115,610

Page 1

Page 2

Purvis Stevens 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 Gavin Purvis

Designated Member

30/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Purvis Stevens LLP is a limited liability partnership, incorporated in England & Wales, registered number OC327030 . The Registered Office is B19 Sbc House, Restmor Way, Wallington, Surrey, SM6 7AH.

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 consists of revenue earned from the rendering of services. Turnover is reduced for estimated customer 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. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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	25% pa
Motor Vehicles	25% pa

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 4 (2024: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 April 2024	7,097	50,099	57,196

As at 31 March 2025	7,097	50,099	57,196

Depreciation
As at 1 April 2024	7,097	50,099	57,196

As at 31 March 2025	7,097	50,099	57,196

Net Book Value
As at 31 March 2025	-	-	-

As at 1 April 2024	-	-	-

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Page 4

Purvis Stevens LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	65,836	56,216
Prepayments and accrued income	7,883	21,563
Other debtors	24,259	32,259
Amounts due from members	1,496	6,616

	99,474	116,654

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	3,589	17,813
Other taxes and social security	7,976	6,954
VAT	36,410	37,439
Other creditors	672	1,288
Accruals and deferred income	14,799	16,197

	63,446	79,691

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