IRIS Accounts Production v25.1.3.33 OC387470 designated member designated member 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3874702024-03-31OC3874702025-03-31OC3874702024-04-012025-03-31OC3874702023-03-31OC3874702023-04-012024-03-31OC3874702024-03-31OC387470ns15:EnglandWales2024-04-012025-03-31OC387470ns14:PoundSterling2024-04-012025-03-31OC387470ns10:PartnerLLP12024-04-012025-03-31OC387470ns10:PartnerLLP22024-04-012025-03-31OC387470ns10:LimitedLiabilityPartnershipLLP2024-04-012025-03-31OC387470ns10:SmallEntities2024-04-012025-03-31OC387470ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-31OC387470ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-31OC387470ns10:LimitedLiabilityPartnershipsSORP2024-04-012025-03-31OC387470ns10:FullAccounts2024-04-012025-03-31OC38747012024-04-012025-03-31OC387470ns10:RegisteredOffice2024-04-012025-03-31OC387470ns5:CurrentFinancialInstruments2025-03-31OC387470ns5:CurrentFinancialInstruments2024-03-31OC387470ns5:NetGoodwill2024-04-012025-03-31OC387470ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-31OC387470ns5:FurnitureFittings2024-04-012025-03-31OC387470ns5:ComputerEquipment2024-04-012025-03-31OC387470ns5:NetGoodwill2024-03-31OC387470ns5:NetGoodwill2025-03-31OC387470ns5:NetGoodwill2024-03-31OC387470ns5:FurnitureFittings2024-03-31OC387470ns5:ComputerEquipment2024-03-31OC387470ns5:FurnitureFittings2025-03-31OC387470ns5:ComputerEquipment2025-03-31OC387470ns5:FurnitureFittings2024-03-31OC387470ns5:ComputerEquipment2024-03-31OC387470ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-31OC387470ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31OC387470ns5:CurrentFinancialInstruments2024-04-012025-03-31
REGISTERED NUMBER: OC387470 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ARCTECH PARTNERSHIP LLP

ARCTECH PARTNERSHIP LLP (REGISTERED NUMBER: OC387470)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARCTECH PARTNERSHIP LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DESIGNATED MEMBERS: Ms T Dufty
J Edwards





REGISTERED OFFICE: C/O National Business
Register Group Ltd
Suite 7 6 Doctors Lane
Henley-in-Arden
Warwickshire
B95 5AW





REGISTERED NUMBER: OC387470 (England and Wales)





ACCOUNTANTS: Randall & Payne LLP
Chartered Accountants
Chargrove House
Shurdington Road
Cheltenham
Gloucestershire
GL51 4GA

ARCTECH PARTNERSHIP LLP (REGISTERED NUMBER: OC387470)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 900 1,800
Property, plant and equipment 5 4,949 7,834
5,849 9,634

CURRENT ASSETS
Debtors 6 5,648 2,876
Cash at bank 19,139 36,049
24,787 38,925
CREDITORS
Amounts falling due within one year 7 2,506 4,801
NET CURRENT ASSETS 22,281 34,124
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

28,130

43,758

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

28,130

43,758

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 28,130 43,758

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 2025.

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.

ARCTECH PARTNERSHIP LLP (REGISTERED NUMBER: OC387470)

BALANCE SHEET - continued
31 MARCH 2025


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 22 May 2025 and were signed by:




J Edwards - Designated member




Ms T Dufty - Designated member


ARCTECH PARTNERSHIP LLP (REGISTERED NUMBER: OC387470)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Financial instruments
Financial Instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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.

Going concern
The Members have considered the going concern status of the business and determined that although there are material uncertainties the going concern basis remains appropriate with the support from the members.

Members contributions
There have been no contributions made by the members during the year and there are no set repayment terms on amounts advanced from the LLP.

Provisions
Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis

ARCTECH PARTNERSHIP LLP (REGISTERED NUMBER: OC387470)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 9,000
AMORTISATION
At 1 April 2024 7,200
Charge for year 900
At 31 March 2025 8,100
NET BOOK VALUE
At 31 March 2025 900
At 31 March 2024 1,800

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 5,626 14,423 20,049
Additions 207 - 207
At 31 March 2025 5,833 14,423 20,256
DEPRECIATION
At 1 April 2024 3,130 9,085 12,215
Charge for year 626 2,466 3,092
At 31 March 2025 3,756 11,551 15,307
NET BOOK VALUE
At 31 March 2025 2,077 2,872 4,949
At 31 March 2024 2,496 5,338 7,834

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 2,310 900
Prepayments and accrued income 3,338 1,976
5,648 2,876

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

ARCTECH PARTNERSHIP LLP (REGISTERED NUMBER: OC387470)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 1,185 638
VAT 1,153 374
Other creditors 168 2,232
Accruals and deferred income - 1,557
2,506 4,801

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

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2025 2024
£    £   
Amounts owed to members in respect of profits 28,130 43,758

Falling due within one year 28,130 43,758

In the event of the LLP winding up, creditors interests will be met first and interests of the members will be met last.