Angel Fisher LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC449236

Angel Fisher LLP

Filleted Unaudited Financial Statements

5 April 2026

Angel Fisher LLP

Financial Statements

Year ended 5 April 2026

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Angel Fisher LLP

Statement of Financial Position

5 April 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		1,050,000		1,050,000

Current assets

Debtors	6	17,928	3,319
Cash at bank and in hand		52,092	73,306
		--------	--------
		70,020	76,625

Creditors: amounts falling due within one year	7	16,799		16,946
		--------		--------
Net current assets			53,221		59,679
			------------		------------
Total assets less current liabilities			1,103,221		1,109,679
			------------		------------
Net assets			1,103,221		1,109,679
			------------		------------

Represented by:

Loans and other debts due to members

Members' capital classified as a liability	8	400,000	400,000
Other amounts	8	703,221	709,679
		------------	------------
		1,103,221	1,109,679
		------------	------------

Members' other interests

Other reserves	–	–
	------------	------------
	1,103,221	1,109,679
	------------	------------

Total members' interests

Loans and other debts due to members	8	1,103,221	1,109,679
Members' other interests		–	–
		------------	------------
		1,103,221	1,109,679
		------------	------------

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 year ending 5 April 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) 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 .

Angel Fisher LLP

Statement of Financial Position (continued)

5 April 2026

These financial statements were approved by the members and authorised for issue on 27 July 2026 , and are signed on their behalf by:

Mrs A S Malton	Mr G A Malton
Designated Member	Designated Member

Registered number: OC449236

Angel Fisher LLP

Notes to the Financial Statements

Year ended 5 April 2026

1.	General information

The LLP is registered in England and Wales. The address of the registered office is 146 New London Road, Chelmsford, Essex, CM2 0AW, England.

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 2018 (SORP 2018).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents rental income and is recognised on an accrual basis. Annual rentals are credited to the profit and loss account on a straight line basis over the lease term.

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 Section 22 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'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.

Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the statement of financial position.

Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the statement of financial position.

Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.

All amounts due to members that are classified as liabilities are presented in the statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the statement of financial position within 'Members' other interests'.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4.	Average number of employees

During the period the average number of employees was 2 (2025: 2), which consisted of the members only.

5.	Tangible assets

	Investment property
	£
Cost
At 6 April 2025 and 5 April 2026	1,050,000
	------------
Depreciation
At 6 April 2025 and 5 April 2026	–
	------------
Carrying amount
At 5 April 2026	1,050,000
	------------
At 5 April 2025	1,050,000
	------------

The property has been included in the accounts at a value deemed to be the open market value per the designated members.

6.	Debtors

	2026	2025
	£	£
Trade debtors	15,851	–
Prepayments and accrued income	2,077	3,319
	--------	-------
	17,928	3,319
	--------	-------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Accruals and deferred income	14,357	14,343
Social security and other taxes	2,442	2,603
	--------	--------
	16,799	16,946
	--------	--------

8.	Loans and other debts due to members

	2026	2025
	£	£
Amounts owed to members in respect of profits	703,221	709,679
Other amounts	400,000	400,000
	------------	------------
	1,103,221	1,109,679
	------------	------------