Silverfin false false 05/04/2026 06/04/2025 05/04/2026 M Butler 27/04/2015 JOH Consultancy LLP 01/10/2016 05 April 2026 The principal activity of the LLP during the financial year was to provide compliance services to insolvency professionals. OC399623 2026-04-05 OC399623 bus:Director1 2026-04-05 OC399623 bus:Director2 2026-04-05 OC399623 core:CurrentFinancialInstruments 2026-04-05 OC399623 core:CurrentFinancialInstruments 2025-04-05 OC399623 2025-04-05 OC399623 2025-04-06 2026-04-05 OC399623 bus:FilletedAccounts 2025-04-06 2026-04-05 OC399623 bus:SmallEntities 2025-04-06 2026-04-05 OC399623 bus:AuditExemptWithAccountantsReport 2025-04-06 2026-04-05 OC399623 bus:LimitedLiabilityPartnershipLLP 2025-04-06 2026-04-05 OC399623 bus:Director1 2025-04-06 2026-04-05 OC399623 bus:Director2 2025-04-06 2026-04-05 OC399623 2024-04-06 2025-04-05 iso4217:GBP xbrli:pure

Company No: OC399623 (England and Wales)

# RESOURCES FOR IPS LLP

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026
PAGES FOR FILING WITH THE REGISTRAR

RESOURCES FOR IPS LLP

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026

Contents

RESOURCES FOR IPS LLP

## LIMITED LIABILITY PARTNERSHIP INFORMATION

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026
RESOURCES FOR IPS LLP

## LIMITED LIABILITY PARTNERSHIP INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026

DESIGNATED MEMBERS | M Butler
| JOH Consultancy LLP

REGISTERED OFFICE | Wey Court West
| Union Road
| Farnham
| Surrey
| GU9 7PT
| United Kingdom

REGISTERED NUMBER | OC399623 (England and Wales)

ACCOUNTANT | Shaw Gibbs Limited
| Wey Court West
| Union Road
| Farnham
| Surrey
| GU9 7PT

RESOURCES FOR IPS LLP

## STATEMENT OF FINANCIAL POSITION

AS AT 05 APRIL 2026
RESOURCES FOR IPS LLP

## STATEMENT OF FINANCIAL POSITION (continued)

AS AT 05 APRIL 2026

| Note | 2026 |  | 2025
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 8,645 |  | 31,973
Cash at bank and in hand |  | 120,008 |  | 100,170
|  | 128,653 |  | 132,143
Creditors: amounts falling due within one year | 4 | ( 102,193) |  | ( 97,248)
Net current assets |  | 26,460 |  | 34,895
Total assets less current liabilities |  | 26,460 |  | 34,895
Net assets attributable to members |  | 26,460 |  | 34,895
Represented by |  |  |  |
Loans and other debts due to members within one year |  |  |  |
Other amounts |  | 26,460 |  | 34,895
|  | 26,460 |  | 34,895
Members' other interests |  |  |  |
|  | 0 |  | 0
|  | 26,460 |  | 34,895
Total members' interests |  |  |  |
Loans and other debts due to members |  | 26,460 |  | 34,895
|  | 26,460 |  | 34,895

For the financial year ending 05 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.

Members' responsibilities:

- The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Resources for IPs LLP (registered number: OC399623) were approved and authorised for issue by the Board of Directors on 05 April 2026. They were signed on its behalf by:

M Butler Designated member |  | JOH Consultancy LLP Designated member

RESOURCES FOR IPS LLP

## RECONCILIATION OF MEMBERS' INTERESTS

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026
RESOURCES FOR IPS LLP

## RECONCILIATION OF MEMBERS' INTERESTS (continued)

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026

| EQUITY Members' other interests | DEBT Loans and other debts due to members less any amounts due from members in debtors | Total members' interests
--- | --- | --- | ---
| Other reserves | Other amounts | Total
| £ | £ | £
Amounts due to members |  | 5,485 |
Balance at 06 April 2024 | 0 | 5,485 | 5,485
Profit for the financial year available for discretionary division among members | 275,935 | 0 | 275,935
Members' interest after profit for the financial year | 275,935 | 5,485 | 281,420
Division of profit | (275,935) | 275,935 | 0
Drawings | 0 | (246,525) | (246,525)
Amounts due to members |  | 34,895 |
Balance at 05 April 2025 | 0 | 34,895 | 34,895
Profit for the financial year available for discretionary division among members | 269,265 | 0 | 269,265
Members' interest after profit for the financial year | 269,265 | 34,895 | 304,160
Division of profit | (269,265) | 269,265 | 0
Drawings | 0 | (277,700) | (277,700)
Amounts due to members |  | 26,460 |
Balance at 05 April 2026 | 0 | 26,460 | 26,460

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests

RESOURCES FOR IPS LLP

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026
RESOURCES FOR IPS LLP

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 05 APRIL 2026

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Resources for IPs LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Wey Court West, Union Road, Farnham, Surrey, GU9 7PT, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the LLP and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

##### Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all the profits for a financial period and may take place during or after the end of a financial period
An automatic divison of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.
The LLP divides profits discretionarily. Discretionary divisions of profits are recognised as amounts due to members, although may be used to offset amounts which have been drawn by members, which are recognised as loan assets repayable.

#### 2. Employees

| 2026 |  | 2025
| Number |  | Number
Monthly average number of persons employed by the LLP during the year | 0 |  | 0

The entity has no employees.
The average monthly number of employees during the year was 0 (2024 - 0).

#### 3. Debtors

| 2026 |  | 2025
| £ |  | £
Trade debtors | 5,892 |  | 29,237
Prepayments | 2,753 |  | 2,736
| 8,645 |  | 31,973

#### 4. Creditors: amounts falling due within one year

| 2026 |  | 2025
| £ |  | £
Accruals and deferred income | 91,349 |  | 84,698
Other taxation and social security | 10,423 |  | 11,756
Other creditors | 421 |  | 794
| 102,193 |  | 97,248