Austin Moore & Partners LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC383149

Austin Moore & Partners LLP

Filleted Unaudited Financial Statements

31 March 2026

Austin Moore & Partners LLP

Statement of Financial Position

31 March 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5		18,552	25,140

Current assets

Debtors	6	480,325	412,390
Cash at bank and in hand		298,634	389,056
		---------	---------
		778,959	801,446

Creditors: amounts falling due within one year	7	350,805		130,759
		---------		---------
Net current assets			428,154	670,687
			---------	---------
Total assets less current liabilities			446,706	695,827
			---------	---------
Net assets			446,706	695,827
			---------	---------

Represented by:

Loans and other debts due to members

Members' capital classified as a liability	8	399,316	402,426
Other amounts	8	47,390	293,401
		---------	---------
		446,706	695,827
		---------	---------

Members' other interests

Other reserves	–	–
	---------	---------
	446,706	695,827
	---------	---------

Total members' interests

Amounts due from members		(46,888)	(171)
Loans and other debts due to members	8	446,706	695,827
Members' other interests		–	–
		---------	---------
		399,818	695,656
		---------	---------

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 income statement has not been delivered.

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) 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 .

Austin Moore & Partners LLP

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the members and authorised for issue on 14 August 2026 , and are signed on their behalf by:

Mrs D Jaspal

Designated Member

Registered number: OC383149

Austin Moore & Partners LLP

Notes to the Financial Statements

Year ended 31 March 2026

1.	General information

The LLP is registered in England and Wales. The address of the registered office is 7 The Ropewalk, Nottingham, Nottinghamshire, NG1 5DU.

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 2021 (SORP 2021).

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 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 amounts chargeable to clients for the provision of professional services that have been provided during the year. These amounts include direct recoverable expenses incurred but exclude Value Added Tax. The LLP recognises income, including expenses, at the point where it obtains the right to consideration. the excess of the right to consideration over invoiced amounts is shown within accrued income. Turnover in respect of contingent fee assignments is only recognised when the contingent event occurs.

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 income statement 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 income statement 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 income statement 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'.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor Vehicles	-	25% reducing balance
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4.	Employee numbers

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to 13 (2025: 13 ).

5.	Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2025	70,150	24,757	94,907
Disposals	–	( 20,142)	( 20,142)
	--------	--------	--------
At 31 March 2026	70,150	4,615	74,765
	--------	--------	--------
Depreciation
At 1 April 2025	48,417	21,350	69,767
Charge for the year	5,433	1,155	6,588
Disposals	–	( 20,142)	( 20,142)
	--------	--------	--------
At 31 March 2026	53,850	2,363	56,213
	--------	--------	--------
Carrying amount
At 31 March 2026	16,300	2,252	18,552
	--------	--------	--------
At 31 March 2025	21,733	3,407	25,140
	--------	--------	--------

6.	Debtors

	2026	2025
	£	£
Trade debtors	392,202	333,699
Other debtors	88,123	78,691
	---------	---------
	480,325	412,390
	---------	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	120,000	–
Trade creditors	3,606	–
Social security and other taxes	129,278	62,630
Other creditors	97,921	68,129
	---------	---------
	350,805	130,759
	---------	---------

8.	Loans and other debts due to members

	2026	2025
	£	£
Amounts owed to members in respect of profits	47,390	293,401
Other amounts	399,316	402,426
	---------	---------
	446,706	695,827
	---------	---------