P R Futures LLP - Filleted accounts

Registered number

OC392035

P R Futures LLP

Filleted Accounts

31 March 2026

P R Futures LLP
Registered number:		OC392035
Balance Sheet
as at 31 March 2026
Notes		2026		2025
£			£
Fixed assets
Tangible assets	3	325		596
Current assets
Debtors	4	13,466		15,620
Cash at bank and in hand		51,487		12,806
		64,953		28,426

Creditors: amounts falling due within one year	5	(12,002)		(10,339)

Net current assets		52,951		18,087

Total assets less current liabilities		53,276		18,683



Net assets attributable to members		53,276		18,683

Represented by:

Members' other interests
Members' capital classified as equity		20,000		20,000
Other reserves		33,276		(1,317)
		53,276		18,683

		53,276		18,683

Total members' interests
Members' other interests		53,276		18,683

		53,276		18,683

For the year ended 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.

These accounts were approved by the members on 9 July 2026 and signed on their behalf by:


J. A. Whyke
Designated member

P R Futures LLP
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Division of profits
	Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.

	Taxation
	Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicle	over 4 years
	Fixtures, fittings, tools and equipment	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Members' capital
	Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the LLP			0		0


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	12,286		19,489		31,775
	At 31 March 2026	12,286		19,489		31,775

	Depreciation
	At 1 April 2025	11,691		19,488		31,179
	Charge for the year	271		-		271
	At 31 March 2026	11,962		19,488		31,450

	Net book value
	At 31 March 2026	324		1		325
	At 31 March 2025	595		1		596


4	Debtors			2026		2025
£					£

	Trade debtors			11,204		13,632
	Other debtors			2,262		1,988
				13,466		15,620


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Other taxes and social security costs			10,932		8,969
	Other creditors			1,070		1,370
				12,002		10,339


6	Other information

	P R Futures LLP is a limited liability partnership incorporated in England. Its registered office is:
	34 Salmons Lane
	Whyteleafe
	Surrey
	CR3 0AN