Registered No. OC373214 (England and Wales)
Frank Partners LLP
Unaudited accounts
for the year ended 31 March 2026
Frank Partners LLP
LLP Information
for the year ended 31 March 2026
Designated members
Kenneth Neil Bett
Registered Number
OC373214 (England and Wales)
Registered Office
14 Brynland Avenue
Bristol
BS7 9DT
Accountants
Jess O'Connor
11 Springhill
Uplands
Stroud
Glos
GL5 1TN
Frank Partners LLP
Statement of financial position
as at 31 March 2026
Tangible assets
2,511
3,138
Cash at bank and in hand
68,290
91,276
Creditors: amounts falling due within one year
(18,150)
(23,984)
Net current assets
158,810
149,812
Net assets attributable to members
161,321
152,950
Other reserves
161,321
152,950
Members' other interests
161,321
152,950
For the year ending 31 March 2026 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 22 September 2026.
Kenneth Neil Bett
Designated member
Limited Liability Partnership Registration No. OC373214
Frank Partners LLP
Notes to the Accounts
for the year ended 31 March 2026
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2018 (SORP) and the Companies Act 2006 (as applied to LLPs).
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment
20% Reducing Balance
Frank Partners LLP is a limited liability partnership, incorporated in England and Wales, registration number OC373214. Its registered office is 14 Brynland Avenue, Bristol, BS7 9DT.
Frank Partners LLP
Notes to the Accounts
for the year ended 31 March 2026
3
Tangible fixed assets
Computer equipment
4
Creditors: amounts falling due within one year
2026
2025
Trade creditors
11,529
11,698
Taxes and social security costs
6,621
12,286
5
Average number of employees
During the year the average number of employees was 0 (2025: 0).