REGISTERED NUMBER: OC341462 (England and Wales)

Financial Statements

for the Year Ended 31st December 2025

for

SHORESTONE FINANCIAL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S L Evans

Mrs A Gallizzi

REGISTERED OFFICE:

Redhill Chambers

2d High Street

Redhill

Surrey

RH1 1RJ

REGISTERED NUMBER:

OC341462 (England and Wales)

ACCOUNTANTS:

Cheeld Wheeler & Co

Chartered Certified Accountants

Redhill Chambers

2d High Street

Redhill

Surrey

RH1 1RJ

FIXED ASSETS

Tangible assets

4

22,440

28,854

CURRENT ASSETS

Debtors

5

80,964

64,611

Cash at bank and in hand

30,224

30,023

111,188

94,634

CREDITORS

Amounts falling due within one year

6

15,155

15,483

NET CURRENT ASSETS

96,033

79,151

TOTAL ASSETS LESS CURRENT LIABILITIES

118,473

108,005

CREDITORS

Amounts falling due after more than one year

7

12,014

19,222

NET ASSETS ATTRIBUTABLE TO MEMBERS

106,459

88,783

LOANS AND OTHER DEBTS DUE TO MEMBERS

106,459

88,783

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

106,459

88,783

Amounts due from members

5

(28,204

)

(10,691

)

78,255

78,092

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 31st December 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24th March 2026 and were signed by:

S L Evans - Designated member

Mrs A Gallizzi - Designated member

1.	STATUTORY INFORMATION

Shorestone Financial 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st January 2025

650

42,040

10,802

53,492

Additions

800

-

-

800

At 31st December 2025

1,450

42,040

10,802

54,292

DEPRECIATION

At 1st January 2025

358

13,794

10,486

24,638

Charge for year

73

7,062

79

7,214

At 31st December 2025

431

20,856

10,565

31,852

NET BOOK VALUE

At 31st December 2025

1,019

21,184

237

22,440

At 31st December 2024

292

28,246

316

28,854

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

48,514

50,173

Amounts due from members

28,204

10,691

Other debtors

1,000

1,000

Prepayments

3,246

2,747

80,964

64,611

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

7,208

7,208

Trade creditors

5,064

4,396

Social security and other taxes

483

325

Other creditors

-

1,154

Accrued expenses

2,400

2,400

15,155

15,483

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

12,014

19,222