Peters May LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC423243 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

PETERS MAY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Juliette Peters

Jessica May

REGISTERED OFFICE:

68 Brook Street

LONDON

W1K 5DZ

REGISTERED NUMBER:

OC423243 (England and Wales)

ACCOUNTANTS:

Staffords

Chartered Accountants

Unit 1, Cambridge House

Camboro Business Park

Oakington Road, Girton

CAMBRIDGE

Cambridgeshire

CB3 0QH

FIXED ASSETS

Tangible assets

4

2,637

2,458

CURRENT ASSETS

Debtors

5

158,893

153,760

Cash at bank

89,710

160,788

248,603

314,548

CREDITORS

Amounts falling due within one year

6

58,953

56,410

NET CURRENT ASSETS

189,650

258,138

TOTAL ASSETS LESS CURRENT
LIABILITIES

192,287

260,596

CREDITORS

Amounts falling due after more than one
year

7

-

861

NET ASSETS ATTRIBUTABLE TO
MEMBERS

192,287

259,735

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

122,851

190,299

MEMBERS' OTHER INTERESTS

Capital accounts

69,436

192,287

259,735

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

122,851

190,299

Members' other interests

69,436

192,287

259,735

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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 13 October 2026 and were signed by:

Juliette Peters - Designated member

1.	STATUTORY INFORMATION

Peters May 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.	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.

Turnover

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

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 cost

Computer equipment

-

33% on cost

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 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

Totals

£

COST

At 1 April 2025

-

11,622

Additions

891

791

1,682

At 31 March 2026

891

12,413

13,304

DEPRECIATION

At 1 April 2025

-

9,164

Charge for year

159

1,344

1,503

At 31 March 2026

159

10,508

10,667

NET BOOK VALUE

At 31 March 2026

732

1,905

2,637

At 31 March 2025

-

2,458

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

114,597

86,043

Other debtors

44,296

67,717

158,893

153,760

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

16,042

10,330

Taxation and social security

35,060

36,832

Other creditors

7,851

9,248

58,953

56,410

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Other creditors

-

861

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

83,998

65,640

The lease on the property was renewed following the expiry of the last 1 year rolling period in September 2025.

The above value is the annualised equivalent for the rent assuming the agreement continues for the whole year after the current year end date. It also includes the monthly payment for the software used to run the practice which is £13,968 of the above total.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2026

2025

£

Amounts owed to members in respect of profits

122,851

190,299

Falling due within one year

122,851

190,299