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REGISTERED NUMBER: OC412032 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Fahri LLP

| Fahri LLP (Registered number: OC412032) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

| General Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Fahri LLP |

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | Ms W D Fahri

| O I Fahri

| REGISTERED OFFICE: | Unit 3

| Mountview Court

| 310 Friern Barnet Lane

| London

| N20 0LD

| REGISTERED NUMBER: | OC412032 (England and Wales)

| ACCOUNTANTS: | BBK Partnership

| Chartered Accountants

| & Statutory Auditors

| 1 Beauchamp Court

| 10 Victors Way

| Barnet

| Hertfordshire

| EN5 5TZ

| Fahri LLP (Registered number: OC412032) |

Statement of Financial Position

31 March 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 104,847 |  | 118,635 |  |

CURRENT ASSETS

Debtors | 5 | 217,820 |  | 168,714 |  |

Cash at bank and in hand | 10,583,889 |  | 7,390,445 |  |

10,801,709 |  | 7,559,159 |  |

CREDITORS

Amounts falling due within one year | 6 | (10,432,621 | ) | (7,391,338 | ) |

NET CURRENT ASSETS | 369,088 |  | 167,821 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 473,935 |  | 286,456 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (77,879 | ) | (94,553 | ) |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 396,056 |  | 191,903 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 10 | 396,056 |  | 191,903 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 10 | 396,056 |  | 191,903 |  |

Amounts due from members | 5 | (33,276 | ) | (48,506 | ) |

362,780 |  | 143,397 |  |

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.

| Fahri LLP (Registered number: OC412032) |

Statement of Financial Position - 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.

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 25 January 2026 and were signed by:

O I Fahri - Designated member

Ms W D Fahri - Designated member

| Fahri LLP (Registered number: OC412032) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Fahri 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.

| Going concern

| The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

| The members, having considered all the information available, are confident that the company has adequate reserves and resources to continue its operational activities for the foreseeable future. Accordingly, the members are satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

| Revenue recognition

| Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services supplied, net of returns, discounts and value added taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Short leasehold | - | Straight line over 10 years

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Hire purchase and leasing commitments

| 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.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at Insert detail.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and in hand. These are considered basic financial assets and are held to meet short-term cash commitments. The company does not hold any short-term deposits or overdraft facilities as at the reporting date. All cash balances are readily available and are not subject to any restrictions.

| Fahri LLP (Registered number: OC412032) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 34 (2024 - 32 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | and |  | Motor |  | Computer |

| leasehold |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 April 2024 | 871 |  | 46,629 |  | 138,445 |  | 48,714 |  | 234,659 |  |

| Additions | - |  | 16,150 |  | - |  | 5,059 |  | 21,209 |  |

| At 31 March 2025 | 871 |  | 62,779 |  | 138,445 |  | 53,773 |  | 255,868 |  |

| DEPRECIATION

| At 1 April 2024 | 667 |  | 24,531 |  | 61,434 |  | 29,392 |  | 116,024 |  |

| Charge for year | 87 |  | 9,562 |  | 19,253 |  | 6,095 |  | 34,997 |  |

| At 31 March 2025 | 754 |  | 34,093 |  | 80,687 |  | 35,487 |  | 151,021 |  |

| NET BOOK VALUE

| At 31 March 2025 | 117 |  | 28,686 |  | 57,758 |  | 18,286 |  | 104,847 |  |

| At 31 March 2024 | 204 |  | 22,098 |  | 77,011 |  | 19,322 |  | 118,635 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 184,544 |  | 120,208 |  |

| Amounts due from members | 33,276 |  | 48,506 |  |

217,820 |  | 168,714 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts (see note 8) | 11,575 |  | 11,008 |  |

| Hire purchase contracts | 5,301 |  | 5,427 |  |

| Social security and other taxes | 27,173 |  | 24,981 |  |

| Pension | 4,599 |  | 4,549 |  |

| VAT | 162,085 |  | 107,865 |  |

| Other creditors | 613 |  | 42,156 |  |

| Client account | 10,140,184 |  | 7,122,731 |  |

| Accrued expenses | 81,091 |  | 72,621 |  |

10,432,621 |  | 7,391,338 |  |

| Fahri LLP (Registered number: OC412032) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Bank loans (see note 8) | - |  | 11,499 |  |

| Hire purchase contracts | 77,879 |  | 83,054 |  |

77,879 |  | 94,553 |  |

8. | LOANS

| An analysis of the maturity of loans is given below:

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans - less than 1 yr | 11,575 |  | 11,008 |  |

| Amounts falling due between two and five years:

| Bank loans - 2-5 years | - |  | 11,499 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.25 |  | 31.3.24

£ | £ |

| Hire purchase contracts | 83,180 |  | 88,481 |  |

| The hire purchase liabilities are secured against the motor vehicles.

10. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 31.3.25 |  | 31.3.24

£ | £ |

| Amounts owed to members in respect of profits | 396,056 |  | 191,903 |  |

| Falling due within one year | 396,056 |  | 191,903 |  |

| Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.