REGISTERED NUMBER: OC320295 (England and Wales)

HARLEY STREET HEARING LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

P Checkley

Mrs N Aylott

M C Allsop

Prof. P E O'Flynn

REGISTERED OFFICE:

No 2 Harley Street

London

W1G 9PA

REGISTERED NUMBER:

OC320295 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

130,503

182,577

130,503

182,577

CURRENT ASSETS

Stocks

206,582

155,352

Debtors

6

2,320,023

2,831,055

Cash at bank and in hand

102,592

157,687

2,629,197

3,144,094

CREDITORS

Amounts falling due within one year

7

904,881

953,205

NET CURRENT ASSETS

1,724,316

2,190,889

TOTAL ASSETS LESS CURRENT LIABILITIES

1,854,819

2,373,466

CREDITORS

Amounts falling due after more than one year

8

1,444,444

1,666,667

NET ASSETS ATTRIBUTABLE TO MEMBERS

410,375

706,799

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

410,375

706,799

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

410,375

706,799

Amounts due from members

6

(23,533

)

(70,231

)

386,842

636,568

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 24 August 2026 and were signed by:

Prof. P E O'Flynn - Designated member

1.	STATUTORY INFORMATION

Harley Street Hearing LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banksand other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are

measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other

short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are

shown within borrowings or current liabilities.

Trade and other creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including

bank loans, are measured initially at fair value, net of transaction costs, and are measured

subsequently at amortised cost using the effective interest method

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 38 (2025 - 34 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

354,000

AMORTISATION

At 1 April 2025

and 31 March 2026

354,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

170,260

534,202

704,462

Additions

-

12,694

12,694

At 31 March 2026

170,260

546,896

717,156

DEPRECIATION

At 1 April 2025

67,571

454,314

521,885

Charge for year

17,027

47,741

64,768

At 31 March 2026

84,598

502,055

586,653

NET BOOK VALUE

At 31 March 2026

85,662

44,841

130,503

At 31 March 2025

102,689

79,888

182,577

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

404,920

659,354

Other debtors

1,915,103

2,171,701

2,320,023

2,831,055

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

376,413

324,227

Taxation and social security

67,107

62,273

Other creditors

461,361

566,705

904,881

953,205

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

1,444,444

1,666,667

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2026

2025

£

£

Amounts owed to members in respect of profits

410,375

706,799

Falling due within one year

410,375

706,799

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

10.	OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £698,708 (2025: £988,875).