De Santis LLP

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

Registered number: OC439217

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,266,875		1,266,875

			1,266,875		1,266,875
CURRENT ASSETS
Debtors	5	19,801		8,206
Cash at bank and in hand		48,397		48,289

		68,198		56,495
Creditors: Amounts Falling Due Within One Year	6	(5,789 )		(5,000 )

NET CURRENT ASSETS (LIABILITIES)			62,409		51,495

TOTAL ASSETS LESS CURRENT LIABILITIES			1,329,284		1,318,370

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,329,284		1,318,370

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		1,106,080		1,153,040

			1,106,080		1,153,040

Equity
Members' other interests
Other reserves		223,204		165,330

			223,204		165,330

			1,329,284		1,318,370

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			1,106,080		1,153,040
Members' other interests			223,204		165,330

			1,329,284		1,318,370

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Page 2

De Santis LLP

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 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

Ms Rocchina De Santis

Designated Member

17/12/2025

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

1. General Information

De Santis LLP is a limited liability partnership, incorporated in England & Wales, registered number OC439217 . The Registered Office is Cumberland House, 24-28 Baxter Avenue, Southend on Sea, Essex, SS2 6HZ.

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 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 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:

Freehold

Held at fair value

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

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De Santis LLP

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 6 April 2024	1,266,875

As at 5 April 2025	1,266,875

Net Book Value
As at 5 April 2025	1,266,875

As at 6 April 2024	1,266,875

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	19,801	8,206

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	365	-
Other creditors	5,424	5,000

	5,789	5,000

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