REGISTERED NUMBER: OC322814 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2026

FOR

ARTESIS LLP

Page

Balance Sheet

1

Notes to the Financial Statements

3

CURRENT ASSETS

Debtors

5

415,434

413,881

Cash at bank

927

6,776

416,361

420,657

CREDITORS

Amounts falling due within one year

6

388,960

383,412

NET CURRENT ASSETS

27,401

37,245

TOTAL ASSETS LESS CURRENT LIABILITIES

27,401

37,245

CREDITORS

Amounts falling due after more than one year

7

203

8,495

NET ASSETS ATTRIBUTABLE TO MEMBERS

27,198

28,750

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

27,198

28,750

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

27,198

28,750

Amounts due from members

5

(86,836

)

(85,283

)

(59,638

)

(56,533

)

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 Profit and Loss account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 20 August 2026 and were signed by:

Mr G N Walker - Designated member

1.	STATUTORY INFORMATION

Artesis LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC322814

Registered office:

St John's Innovation Centre

Cowley Road

Cambridge

Cambridgeshire

CB4 0WS

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

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

Going concern

The accounts have been prepared on a cessation basis due to the partner's decision to cease trading following the year end. An impairment review has been carried out on the assets of the company to value them at the lower of net book value and recoverable amount.

4.	EMPLOYEE INFORMATION

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

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

328,598

328,598

Amounts due from members

86,836

85,283

415,434

413,881

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

7,671

7,049

Trade creditors

221

2

VAT

51,755

52,015

Other creditors

11,353

11,353

Faraday

316,744

311,915

Accruals and deferred income

1,216

1,078

388,960

383,412

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

203

7,049

Bank loans - 2-5 years

-

1,446

203

8,495

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2026

2025

£

£

Amounts owed to members in respect of profits

27,198

28,750

Falling due within one year

27,198

28,750

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

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.