REGISTERED NUMBER: OC372242 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

SIMMONS & SONS SURVEYORS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

K J Clarke

J R M Greaves

F R D Hodge

O J Quinn

REGISTERED OFFICE:

32 Bell Street

Henley on Thames

Oxfordshire

RG9 2BH

REGISTERED NUMBER:

OC372242 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

33,617

44,741

Investment property

6

255,000

250,000

288,617

294,741

CURRENT ASSETS

Stocks

75,000

75,000

Debtors

7

380,402

369,824

Cash at bank

-

203,376

455,402

648,200

CREDITORS

Amounts falling due within one year

8

444,649

400,750

NET CURRENT ASSETS

10,753

247,450

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

299,370

542,191

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

119,142

319,213

MEMBERS' OTHER INTERESTS

Capital accounts

100,228

147,978

Fair value reserve

10

80,000

75,000

299,370

542,191

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

119,142

319,213

Members' other interests

180,228

222,978

Amounts due from members

7

(22,083

)

-

277,287

542,191

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 31st 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 21st September 2026 and were signed by:

K J Clarke - Designated member

1.	STATUTORY INFORMATION

Simmons & Sons Surveyors 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

Revenue in respect of surveying fees is recognised as the services are provided.

Elements of revenue in respect of estate agent fees which are contingent on the sales price of the property are recognised on exchange of contracts.

In respect of long term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for ongoing services are recognised by reference to the stage of completion.

If, at the reporting date, completion of contractual obligations are dependent on external factors (and thus outside the control of the Limited Liability Partnership), then revenue is recognised only when the event occurs. In such cases, costs incurred up to the reporting date are carried forward as work in progress.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2009 and 2013, are being amortised evenly over their estimated useful life of eight 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.

Customer lists is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

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

Fixtures and fittings

-

25.00% straight line and Straight line over 2 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 41 (2025 - 43 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1st April 2025

and 31st March 2026

188,000

242,516

430,516

AMORTISATION

At 1st April 2025

and 31st March 2026

188,000

242,516

430,516

NET BOOK VALUE

At 31st March 2026

-

-

-

At 31st March 2025

-

-

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1st April 2025

620,684

Additions

14,520

At 31st March 2026

635,204

DEPRECIATION

At 1st April 2025

575,943

Charge for year

25,644

At 31st March 2026

601,587

NET BOOK VALUE

At 31st March 2026

33,617

At 31st March 2025

44,741

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

250,000

Revaluations

5,000

At 31st March 2026

255,000

NET BOOK VALUE

At 31st March 2026

255,000

At 31st March 2025

250,000

Investment property comprises freehold property with a historic cost of £175,000. The fair value of the investment property has been arrived at on the basis of a valuation carried out at each reporting date by the members. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

Fair value at 31st March 2026 is represented by:

£

Valuation in 2016

40,000

Valuation in 2017

15,000

Valuation in 2019

10,000

Valuation in 2022

10,000

Valuation in 2026

5,000

Cost

175,000

255,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

343,906

369,824

Other debtors

36,496

-

380,402

369,824

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

44,990

-

Trade creditors

28,261

26,128

Taxation and social security

184,875

160,686

Other creditors

186,523

213,936

444,649

400,750

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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

10.

RESERVES

Fair

value

reserve

£

At 1st April 2025

75,000

Fair value gain on investment property

5,000

At 31st March 2026

80,000

11.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £1,742,625 (2025: £1,937,250).