REGISTERED NUMBER: OC455149 (England and Wales)

Unaudited Financial Statements

for the Period 14 January 2025 to 31 March 2026

for

Stapleton Long LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

P F McCarthy

S E Balmforth

REGISTERED OFFICE:

501 Norwood Road

London

SE27 9DJ

REGISTERED NUMBER:

OC455149 (England and Wales)

ACCOUNTANTS:

Thornton Springer LLP

Chartered Accountants

67 Westow Street

London

SE19 3RW

FIXED ASSETS

Intangible assets

5

168,750

Tangible assets

6

35,024

203,774

CURRENT ASSETS

Debtors

7

270,213

Cash at bank and in hand

74,406

344,619

CREDITORS

Amounts falling due within one year

8

(204,305

)

NET CURRENT ASSETS

140,314

TOTAL ASSETS LESS CURRENT LIABILITIES

344,088

CREDITORS

Amounts falling due after more than one year

9

(16,749

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

327,339

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

327,339

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

327,339

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 period 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 25 September 2026 and were signed by:

P F McCarthy - Designated member

S E Balmforth - Designated member

1.	STATUTORY INFORMATION

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

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.

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain financial assets and liabilities measured at fair value.

Turnover

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

Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the LLP obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, 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.

Plant and machinery etc

-

25% on reducing balance

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.

4.	EMPLOYEE INFORMATION

The average number of employees during the period was 11 .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

187,500

At 31 March 2026

187,500

AMORTISATION

Charge for period

18,750

At 31 March 2026

18,750

NET BOOK VALUE

At 31 March 2026

168,750

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 14 January 2025

230,273

Additions

1,319

At 31 March 2026

231,592

DEPRECIATION

At 14 January 2025

184,672

Charge for period

11,896

At 31 March 2026

196,568

NET BOOK VALUE

At 31 March 2026

35,024

At 13 January 2025

45,601

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

258,833

Other debtors

11,380

270,213

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Hire purchase contracts

4,015

Trade creditors

7,866

Taxation and social security

45,154

Other creditors

147,270

204,305

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Hire purchase contracts

16,749

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

£

Amounts owed to members in respect of profits

327,339

Falling due within one year

327,339

Loans and other debts due to members rank below all other unsecured creditors.