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REGISTERED NUMBER: OC415179 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Artisan Electric LLP

Artisan Electric LLP (Registered number: OC415179)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Artisan Electric LLP

General Information
for the Year Ended 31 December 2024







DESIGNATED MEMBERS: Trimtechnik Limited
Keenforce Limited





REGISTERED OFFICE: 1 Parkvale Avenue
Prenton
Wirral
Merseyside
CH43 3HE





REGISTERED NUMBER: OC415179 (England and Wales)





ACCOUNTANTS: Stuart Gordon Chartered Accountant
1 Rowlands View
Utkinton
Cheshire
CW6 0LN

Artisan Electric LLP (Registered number: OC415179)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 66,090 109,639

CURRENT ASSETS
Stocks 508,596 625,494
Debtors 5 12,159 18,060
Cash at bank and in hand 30,141 143,460
550,896 787,014
CREDITORS
Amounts falling due within one year 6 481,653 478,189
NET CURRENT ASSETS 69,243 308,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

135,333

418,464

CREDITORS
Amounts falling due after more than
one year

7

20,321

92,353
NET ASSETS ATTRIBUTABLE TO
MEMBERS

115,012

326,111

LOANS AND OTHER DEBTS DUE
TO MEMBERS

8

115,012

326,111

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

8

115,012

326,111

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 December 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.

Artisan Electric LLP (Registered number: OC415179)

Balance Sheet - continued
31 December 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 18 June 2025 and were signed by:





Trimtechnik Limited - Designated member

Artisan Electric LLP (Registered number: OC415179)

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

1. STATUTORY INFORMATION

Artisan Electric 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 5 (2023 - 5 ) .

Artisan Electric LLP (Registered number: OC415179)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 198,521
Additions 3,051
Disposals (49,775 )
At 31 December 2024 151,797
DEPRECIATION
At 1 January 2024 88,882
Charge for year 21,758
Eliminated on disposal (24,933 )
At 31 December 2024 85,707
NET BOOK VALUE
At 31 December 2024 66,090
At 31 December 2023 109,639

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 11,259 17,160
Other debtors 900 900
12,159 18,060

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 32,600 32,600
Hire purchase contracts 21,742 21,742
Trade creditors 415,980 413,978
Taxation and social security 9,531 8,169
Other creditors 1,800 1,700
481,653 478,189

Artisan Electric LLP (Registered number: OC415179)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 13,583 46,183
Hire purchase contracts 6,738 46,170
20,321 92,353

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

The amounts owed to members rank after other creditors.