V B Evans LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: NC000529

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Stocks	5	323,050		330,935
Debtors	6	151,504		92,594
Cash at bank and in hand		5,317		376

		479,871		423,905
Creditors: Amounts Falling Due Within One Year	7	(295,123 )		(249,126 )

NET CURRENT ASSETS (LIABILITIES)			184,748		174,779

TOTAL ASSETS LESS CURRENT LIABILITIES			184,748		174,779

NET ASSETS ATTRIBUTABLE TO MEMBERS			184,748		174,779

REPRESENTED BY:
Loans and other debts due to members
Other amounts		184,748		174,779

			184,748		174,779

			184,748		174,779

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			184,748		174,779

			184,748		174,779

Page 1

Page 2

V B Evans LLP

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mrs Lorna Auld Designated Member	Mr Lewis Porter Designated Member
14/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

V B Evans LLP is a limited liability partnership, incorporated in England & Wales, registered number NC000529 . The Registered Office is 3 Pilot's View, 18 Heron Road, Belfast, BT3 9LE.

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 May 2024 (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	2% Straight Line
Fixtures & Fittings	25% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Page 3

Page 4

V B Evans LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 13 (2025: 13)

4. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2025	36,682	238,608	275,290

As at 31 March 2026	36,682	238,608	275,290

Depreciation
As at 1 April 2025	36,682	238,608	275,290

As at 31 March 2026	36,682	238,608	275,290

Net Book Value
As at 31 March 2026	-	-	-

As at 1 April 2025	-	-	-

5. Stocks

	2026	2025
	£	£
Stock - Stationary & Brochures	1,500	3,000
Work in progress	321,550	327,935

	323,050	330,935

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	135,465	78,024
Other debtors	16,039	14,570

	151,504	92,594

Page 4

Page 5

V B Evans LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	13,449	20,744
Bank loans and overdrafts	63,169	29,546
Other creditors	98,120	109,488
Taxation and social security	120,385	89,348

	295,123	249,126

8. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	9,324	11,232
Later than one year and not later than five years	-	9,324

	9,324	20,556

9. Related Party Transactions

The buisness borrowed £40,000 from Lewis Porter in the year. This amount is outstanding at the year end.

10. Ultimate Controlling Party

The LLP is controlled by its members and as such there is no one controlling party.

Page 5