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REGISTERED NUMBER: SO307688 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JUNE 2023 TO 31 MARCH 2024

FOR

ROBERTSON CRAIG LLP

ROBERTSON CRAIG LLP (REGISTERED NUMBER: SO307688)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 JUNE 2023 TO 31 MARCH 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ROBERTSON CRAIG LLP

GENERAL INFORMATION
for the period 1 JUNE 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: J G Fowlie
I Gillies
G I Paton
D W Auld





REGISTERED OFFICE: 3 Clairmont Gardens
Glasgow
United Kingdom
G3 7LW





REGISTERED NUMBER: SO307688 (Scotland)





ACCOUNTANTS: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE

ROBERTSON CRAIG LLP (REGISTERED NUMBER: SO307688)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

Notes £   
FIXED ASSETS
Tangible assets 4 55,409

CURRENT ASSETS
Debtors 5 2,120,053
Cash at bank and in hand 384,394
2,504,447
CREDITORS
Amounts falling due within one year 6 (675,580 )
NET CURRENT ASSETS 1,828,867
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,884,276

CREDITORS
Amounts falling due after more than one
year

7

(18,559

)
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,865,717

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

1,865,717

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 1,865,717

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 2024.

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.

ROBERTSON CRAIG LLP (REGISTERED NUMBER: SO307688)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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 19 September 2024 and were signed by:





G I Paton - Designated member

ROBERTSON CRAIG LLP (REGISTERED NUMBER: SO307688)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 JUNE 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Robertson Craig LLP is registered in Scotland, registration number SO307688. The registered office is 3 Clairmont Gardens, Glasgow, United Kingdom, G3 7LW.

The principal activity of the LLP is Chartered Accountants and Chartered Tax Advisers.

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.

The presentational and functional currency of the financial statements is Pounds Sterling (£).

Significant judgements and estimates
In preparing these financial statements, the members are required to make judgements, estimates and assumptions that affect the application of the LLP's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively

The following judgements and estimates have had the most significant effects on amounts recognised in the financial statements:

Plant and equipment
The estimates and assumptions made to determine asset lives require judgements to be made as regards useful lives and residual values. The useful lives and residual values of the LLP's financial assets are determined by management at the time the asset is acquired and reviewed annually for appropriateness. The lives are based on management experience with similar assets.

Turnover
Turnover represents the value of work done in the period, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment if events or changes in circumstances indicate the carrying values may not be recoverable.

ROBERTSON CRAIG LLP (REGISTERED NUMBER: SO307688)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 JUNE 2023 TO 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The LLP has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions
Provisions are determined by discounting the expected future cash flows at a pre-tax rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognised as finance 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 period was 28 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 75,885
At 31 March 2024 75,885
DEPRECIATION
Charge for period 20,476
At 31 March 2024 20,476
NET BOOK VALUE
At 31 March 2024 55,409

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,023,016
Other debtors 97,037
2,120,053

ROBERTSON CRAIG LLP (REGISTERED NUMBER: SO307688)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 JUNE 2023 TO 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Hire purchase contracts 2,745
Trade creditors 244,660
Taxation and social security 168,763
Other creditors 259,412
675,580

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Hire purchase contracts 18,559

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests.