Limited Liability Partnership registration number OC348812 (England and Wales)
RILEY MOSS AUDIT LLP
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
RILEY MOSS AUDIT LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
RILEY MOSS AUDIT LLP
BALANCE SHEET
AS AT 31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
3,181
3,181
Cash at bank and in hand
7,871
9,421
11,052
12,602
Creditors: amounts falling due within one year
4
(420)
(420)
Net current assets and net assets attributable to members
10,632
12,182
Represented by:
Loans and other debts due to members within one year
Members' capital classified as a liability
10,632
12,182

For the financial year ended 31 May 2025 the limited liability partnership 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 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

T he members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the members and authorised for issue on 13 April 2026 and are signed on their behalf by:
13 April 2026
Mr. F Patel
Designated member
Limited Liability Partnership registration number OC348812 (England and Wales)
RILEY MOSS AUDIT LLP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Limited liability partnership information

Riley Moss Audit LLP is a limited liability partnership incorporated in England and Wales. The registered office is Ground Floor, Citygate, Longridge Road, Preston, Lancashire, United Kingdom, PR2 5BQ.

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Basis of preparation

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Members' participating interests

Members' participation rights are the rights of a member against the LLP that arise under the m embers' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

Where there exists an asset and liability component in respect of an individual member’s participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts simultaneously, in which case they are presented net.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

RILEY MOSS AUDIT LLP
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
1.4
Financial instruments

The limited liability partnership has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the limited liability partnership's statement of financial position when the limited liability partnership becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2
Employees

The average number of persons (including members) employed by the partnership during the year was:

2025
2024
Number
Number
Total
2
2
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,120
2,120
Other debtors
1,061
1,061
3,181
3,181
4
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
420
420
5
Loans and other debts due to members

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

2025-05-31 2024-06-01 false false 13 April 2026 CCH Software CCH Accounts Production 2025.300 false OC348812 2024-06-01 2025-05-31 OC348812 2025-05-31 OC348812 bus:PartnerLLP1 2024-06-01 2025-05-31 OC348812 2023-06-01 2024-05-31 OC348812 bus:LimitedLiabilityPartnershipLLP 2024-06-01 2025-05-31 OC348812 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 OC348812 bus:FRS102 2024-06-01 2025-05-31 OC348812 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 OC348812 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares