Verum Financial LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC429082

Verum Financial LLP

Filleted Unaudited Financial Statements

30 November 2025

Verum Financial LLP

Financial Statements

Period from 6 April 2025 to 30 November 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Verum Financial LLP

Statement of Financial Position

30 November 2025

	30 Nov 25		5 Apr 25
Note	£	£	£

Fixed assets

Tangible assets	5		11,999	10,847

Current assets

Debtors	6	194,668	150,225
Cash at bank and in hand		151,819	248,956
		---------	---------
		346,487	399,181

Creditors: amounts falling due within one year	7	90,183		27,747
		---------		---------
Net current assets			256,304	371,434
			---------	---------
Total assets less current liabilities			268,303	382,281

Creditors: amounts falling due after more than one year	8	–	7,033
		---------	---------
Net assets		268,303	375,248
		---------	---------

Represented by:

Loans and other debts due to members

Other amounts	9	268,303	375,248
		---------	---------

Members' other interests

Other reserves	–	–
	---------	---------
	268,303	375,248
	---------	---------

Total members' interests

Amounts due from members		–	(28,397)
Loans and other debts due to members	9	268,303	375,248
Members' other interests		–	–
		---------	---------
		268,303	346,851
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of comprehensive income has not been delivered.

For the period ending 30 November 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) relating to small LLPs.

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 financial statements .

Verum Financial LLP

Statement of Financial Position (continued)

30 November 2025

These financial statements were approved by the members and authorised for issue on 28 April 2026 , and are signed on their behalf by:

Benchmark Financial Planning Limited	Creative Technologies Ltd
Designated Member	Designated Member

Registered number: OC429082

Verum Financial LLP

Notes to the Financial Statements

Period from 6 April 2025 to 30 November 2025

1.	General information

The LLP is registered in England and Wales. The address of the registered office is Broadlands Business Campus, Langhurst Wood Road, Horsham, West Sussex, RH12 4QP, United Kingdom.

2.	Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' 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 FRS 25 (IAS 32) Financial Instruments: Disclosure and Presentation and UITF abstract 39 Members' shares in co-operative entities and similar instruments. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and Fittings	-	25% reducing balance
Equipment	-	25% reducing balance

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. 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. 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 finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4.	Employee numbers

The average number of persons employed by the LLP during the period, including the members with contracts of employment, amounted to 7 (2025: 7 ).

5.	Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 6 April 2025	666	37,060	37,726
Additions	–	3,144	3,144
	----	--------	--------
At 30 November 2025	666	40,204	40,870
	----	--------	--------
Depreciation
At 6 April 2025	509	26,370	26,879
Charge for the period	26	1,966	1,992
	----	--------	--------
At 30 November 2025	535	28,336	28,871
	----	--------	--------
Carrying amount
At 30 November 2025	131	11,868	11,999
	----	--------	--------
At 5 April 2025	157	10,690	10,847
	----	--------	--------

6.	Debtors

	30 Nov 25	5 Apr 25
	£	£
Trade debtors	182,313	117,832
Other debtors	12,355	32,393
	---------	---------
	194,668	150,225
	---------	---------

7. Creditors: amounts falling due within one year

	30 Nov 25	5 Apr 25
	£	£
Trade creditors	15,657	72
Social security and other taxes	8,973	8,304
Other creditors	65,553	19,371
	--------	--------
	90,183	27,747
	--------	--------

8. Creditors: amounts falling due after more than one year

	30 Nov 25	5 Apr 25
	£	£
Other creditors	–	7,033
	----	-------

9.	Loans and other debts due to members

	30 Nov 25	5 Apr 25
	£	£
Amounts owed to members in respect of profits	268,303	375,248
	---------	---------