Freeman Paul Services LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC356738

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		132		176

			132		176
CURRENT ASSETS
Stocks	5	11,375		8,750
Debtors	6	50,000		7,000
Cash at bank and in hand		57,299		6,560

		118,674		22,310
Creditors: Amounts Falling Due Within One Year	7	(44,030 )		(15,603 )

NET CURRENT ASSETS (LIABILITIES)			74,644		6,707

TOTAL ASSETS LESS CURRENT LIABILITIES			74,776		6,883

NET ASSETS ATTRIBUTABLE TO MEMBERS			74,776		6,883

REPRESENTED BY:
Loans and other debts due to members
Other amounts		74,776		6,883

			74,776		6,883

			74,776		6,883

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			74,776		6,883

			74,776		6,883

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Page 2

Freeman Paul Services LLP

Balance Sheet (continued)

As At 31 March 2026

For the 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Michael Freeman

Designated Member

22 October 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Freeman Paul Services LLP is a limited liability partnership, incorporated in England & Wales, registered number OC356738 . The Registered Office is 2 Ivy Cottage Bambers Green, Takeley, Bishop's Stortford, Hertfordshire, CM22 6PE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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 May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

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.

Sale of goods

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.

Rendering of services

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.

2.3. 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:

Plant & Machinery	25% Reducing balance
Computer Equipment	25% Straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2025: 2)

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Freeman Paul Services LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	5,256	898	6,154

As at 31 March 2026	5,256	898	6,154

Depreciation
As at 1 April 2025	5,080	898	5,978
Provided during the period	44	-	44

As at 31 March 2026	5,124	898	6,022

Net Book Value
As at 31 March 2026	132	-	132

As at 1 April 2025	176	-	176

5. Stocks

	2026	2025
	£	£
Work in progress	11,375	8,750

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	50,000	7,000

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	14,400	-
Taxation and social security	29,630	15,603

	44,030	15,603

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