Company No: OC300382 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	5	63,294		57,735
		63,294		57,735
Current assets
Debtors	6	107,298		88,357
Cash at bank and in hand		440,033		394,339
		547,331		482,696
Creditors: amounts falling due within one year	7	( 254,631)		( 177,451)
Net current assets		292,700		305,245
Total assets less current liabilities		355,994		362,980
Net assets attributable to members		355,994		362,980
Represented by
Loans and other debts due to members within one year
Members' capital classified as a liability		355,769		362,755
		355,769		362,755
Members' other interests
Members' capital classified as equity		225		225
		225		225
		355,994		362,980
Total members' interests
Loans and other debts due to members		355,769		362,755
Members' other interests		225		225
		355,994		362,980

For the financial year ending 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Harrison Sutton Partnership LLP (registered number: OC300382) were approved and authorised for issue by the members on 23 September 2026. They were signed on its behalf by:

Mr J M Capel Designated member

Mr S R Heaver Designated member

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Harrison Sutton Partnership LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The address of the LLP's registered office is Little Priory Court, Fore Street, Totnes, TQ9 5NJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the LLP and rounded to the nearest £.

Going concern

The members have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

The turnover shown in the Profit and Loss Account represents work done during the year, exclusive of Value Added Tax.

In respect of long-term contracts and contracts for on-going 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 on-going services is recognised by reference to the stage of completion.

Employee benefits

Defined contribution schemes
The partnership operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs

3 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Leasehold improvements	10 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	20 % reducing balance
Other property, plant and equipment	25 % reducing balance

Financial instruments

Financial assets and financial liabilities are recognised when the LLP becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the LLP intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Members' participation rights

Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities as the LLP does have an unconditional right to refuse payment to members.

Loans and other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.

Members' remuneration and division of profits

Profits are automatically available for division between members. They are therefore shown as "Members remuneration charged as an expense" in the Profit and Loss Account in the relevant year. To the extent that they remain unpaid at the year end, they are shown as "loans and other debts due to members" in the Balance Sheet.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the LLP during the year	20		20

3. Members' remuneration

Profits are shared among the members in accordance with agreed profit sharing arrangements. Members are required to make their own provision for pensions from their profit shares.

	2026		2025
	Number		Number
Average number of members during the financial year	4		4

4. Intangible assets

	Website costs		Total
	£		£
Cost
At 01 April 2025	3,200		3,200
At 31 March 2026	3,200		3,200
Accumulated amortisation
At 01 April 2025	3,200		3,200
At 31 March 2026	3,200		3,200
Net book value
At 31 March 2026	0		0
At 31 March 2025	0		0

5. Tangible assets

	Leasehold improve- ments		Vehicles		Fixtures and fittings		Other property, plant and equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	28,191		64,115		154,641		15,281		262,228
Additions	0		13,950		16,955		0		30,905
Disposals	0		( 11,450)		0		0		( 11,450)
At 31 March 2026	28,191		66,615		171,596		15,281		281,683
Accumulated depreciation
At 01 April 2025	23,739		36,718		129,360		14,676		204,493
Charge for the financial year	1,012		9,954		12,852		0		23,818
Disposals	0		( 9,922)		0		0		( 9,922)
At 31 March 2026	24,751		36,750		142,212		14,676		218,389
Net book value
At 31 March 2026	3,440		29,865		29,384		605		63,294
At 31 March 2025	4,452		27,397		25,281		605		57,735

6. Debtors

	2026		2025
	£		£
Trade debtors	38,454		25,838
Other debtors	68,844		62,519
	107,298		88,357

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Other taxation and social security	123,438		48,616
Other creditors	131,193		128,835
	254,631		177,451

8. Financial commitments

Commitments

	2026		2025
	£		£
Total future minimum lease payments under non-cancellable operating leases	343,200		390,000

The total financial commitments above represent non-cancellable operating leases in respect of property from which the limited liability partnership operates.