REGISTERED NUMBER: OC307148 (England and Wales)

FOR

Page

Balance Sheet  

1

to

2

Notes to the Financial Statements  

3

to

5

FIXED ASSETS

Tangible assets

5

1,312

1,507

CURRENT ASSETS

Debtors

6

46,157

57,767

Cash at bank and in hand

160,103

135,033

206,260

192,800

CREDITORS

Amounts falling due within one year

7

42,115

34,763

NET CURRENT ASSETS

164,145

158,037

TOTAL ASSETS LESS CURRENT

LIABILITIES

165,457

159,544

CREDITORS

Amounts falling due after more than one

year

8

-

10,510

NET ASSETS ATTRIBUTABLE TO

MEMBERS

165,457

149,034

LOANS AND OTHER DEBTS DUE TO

MEMBERS

9

165,457

149,034

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

165,457

149,034

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 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 9 September 2026 and were signed by:

Mr P S Moisan - Designated member

Mrs R Moisan on behalf of Prisma Studio Limited - Designated member

1.

STATUTORY INFORMATION

Saunders Architects LLP is registered in England and Wales. The LLP's registered number is 307148 and the registered office is Royal Mail House Suite 36, Terminus Terrace, Southampton, Hampshire, SO14 3FD.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Fee income

Fee income represents revenue earned under a variety of contracts to provide professional services. Revenue is regarded as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents the amount chargeable to clients, including disbursements and expenses but excluding Value Added Tax.

For incomplete contracts, an assessment is made of the extent to which revenue has been earned. This assessment takes into account the nature of the assignment, its stage of completion and relevant contract terms. Revenue in respect of contingent fee arrangements (over and above any agreed minimum fee) is recognised when the contingent event occurs and recoverability of the fee is assured.

Tangible fixed assets

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

Office equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% straight line

Foreign currencies

Leased assets

Where assets are financed by leasing agreements that give rights approximating to ownership ('finance leases'), the assets are treated as if they had been purchased outright. The amount capitalised is the present value of the minimum lease payments payable during the lease term. The corresponding leasing commitments are shown as amounts payable to the lessor. Depreciation on the relevant assets is charged to the profit and loss account.

Lease payments are analysed between capital and interest components so that the interest element of the payment is charged to the profit and loss account over the year of the lease and represents a constant proportion of the balance of capital repayments outstanding. The capital part reduces the amounts payable to the lessor.

All other leases are treated as operating leases. Their annual rentals are charged to the profit and loss account on a straight line basis over the term 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.

Members' remuneration

A member's share in the profit or the loss for the year is accounted for as an allocation of profits. Unallocated profits and losses are included with "other reserves".

Tax provisions

The taxation payable on profits is the personal liability of the members during the year. A retention from profits is made to fund payments of taxation on members' behalf. The retention is deducted from profits when they are allocated and payments are charged against this retention.

Post-retirement payments to members

Under the terms of the membership agreement the Limited Liability Partnership has a liability to make post retirement payments to members after they have retired from the partnership.

To the extent that the right to these payments accrues over the period in which the individual serves as a member the costs are recognised each year during that period.  These amounts are included 'Members' remuneration charged as an expense' in the profit and loss account.

The amount provided is included in 'Loans and other debts due to members' while the member remains a member of the Limited Liability Partnership.  Upon retirement the outstanding liability is transferred to other creditors and disclosed as post retirement payments to former members.

4.

EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2025 - 2 ) .

5.

TANGIBLE FIXED ASSETS

Office

Motor

Computer

equipment

vehicles

equipment

Totals

£   

£   

£   

£   

COST

At 1 April 2025

6,980

20,310

16,534

43,824

Disposals

-

-

(1,794

)

(1,794

)

At 31 March 2026

6,980

20,310

14,740

42,030

DEPRECIATION

At 1 April 2025

6,980

20,110

15,227

42,317

Charge for year

-

50

145

195

Eliminated on disposal

-

-

(1,794

)

(1,794

)

At 31 March 2026

6,980

20,160

13,578

40,718

NET BOOK VALUE

At 31 March 2026

-

150

1,162

1,312

At 31 March 2025

-

200

1,307

1,507

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£   

£   

Trade debtors

34,620

23,640

Amounts recoverable on contract

-

19,500

Other debtors

650

650

Prepayments and accrued income

10,887

13,977

46,157

57,767

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£   

£   

Bank loans and overdrafts

10,510

10,246

Trade creditors

975

2,835

Taxation and social security

14,279

7,316

Other creditors

16,351

14,366

42,115

34,763

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£   

£   

Bank loans

-

10,510

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, amounts in 'Loans and other debts due to members' (other than members' capital classified as debt) would rank pari passu with other creditors who are unsecured.  There is no protection afforded to creditors in such an event which is legally enforceable and cannot be revoked solely by a decision of the members.

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