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REGISTERED NUMBER: OC311402 (England and Wales)

























Financial Statements

for the Year Ended 31 March 2024

for

Talbot Walker LLP

Talbot Walker LLP (Registered number: OC311402)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Talbot Walker LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: S T Q Walker
Mrs J L Walker
Miss S Adlem
R J Hurst





REGISTERED OFFICE: 16 Bridge Street
Andover
Hampshire
SP10 1BJ





REGISTERED NUMBER: OC311402 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Talbot Walker LLP (Registered number: OC311402)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,888 7,284

CURRENT ASSETS
Debtors 5 700,919 583,218
Cash at bank and in hand 1,365,140 1,118,670
2,066,059 1,701,888
CREDITORS
Amounts falling due within one year 6 191,745 92,205
NET CURRENT ASSETS 1,874,314 1,609,683
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,883,202

1,616,967

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

1,883,202

1,616,967

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 1,883,202 1,616,967

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 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.

Talbot Walker LLP (Registered number: OC311402)

Balance Sheet - 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 3 October 2024 and were signed by:





S T Q Walker - Designated member

Talbot Walker LLP (Registered number: OC311402)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Talbot Walker LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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.
Plant and machinery etc - 33% on cost and 10% on reducing balance

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 12 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 32,322
Additions 5,922
At 31 March 2024 38,244
DEPRECIATION
At 1 April 2023 25,038
Charge for year 4,318
At 31 March 2024 29,356
NET BOOK VALUE
At 31 March 2024 8,888
At 31 March 2023 7,284

Talbot Walker LLP (Registered number: OC311402)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 202,514 194,909
Amounts recoverable on contract 414,379 344,408
Other debtors 84,026 43,901
700,919 583,218

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,947 810
Other creditors 187,798 91,395
191,745 92,205

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 31.3.23
£    £   
Amounts owed to members in respect of profits 1,883,202 1,616,967

Falling due within one year 1,883,202 1,616,967

Amounts due to members rank pari passu to other creditors.