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REGISTERED NUMBER: OC369291 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

ARC Luton LLP

ARC Luton LLP (Registered number: OC369291)






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


ARC Luton LLP

General Information
for the Year Ended 31 March 2025







Designated members: Mr Jeremy Cork
Mrs Deborah Cork





Registered office: 87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH





Registered number: OC369291 (England and Wales)





Accountants: Pinkham Blair
Chartered Accountants
87a High Street
The Old Town
Hemel Hempstead
Hertfordshire
HP1 3AH

ARC Luton LLP (Registered number: OC369291)

Balance Sheet
31 March 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 4 4,883 7,359

Current assets
Stocks 108,148 133,379
Debtors 5 381,538 366,971
Cash at bank 120,564 277,199
610,250 777,549
Creditors
Amounts falling due within one year 6 578,721 653,641
Net current assets 31,529 123,908
Total assets less current liabilities 36,412 131,267

Creditors
Amounts falling due after more than
one year

7

27,875

121,701
Net assets attributable to members 8,537 9,566

ARC Luton LLP (Registered number: OC369291)

Balance Sheet - continued
31 March 2025

2025 2024
Notes £ £ £ £
Loans and other debts due to
members

9

8,537

9,566

Total members' interests
Loans and other debts due to
members

9

8,537

9,566
Amounts due from members 5 (163,883 ) (186,024 )
(155,346 ) (176,458 )

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.

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 25 June 2025 and were signed by:





Mr Jeremy Cork - Designated member

ARC Luton LLP (Registered number: OC369291)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. Statutory information

ARC Luton 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.
Land and buildings - over the unexpired term of the lease
Plant and machinery etc - 25% on cost

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 25 (2024 - 26 ) .

ARC Luton LLP (Registered number: OC369291)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. Tangible fixed assets
Plant and
Land and machinery
buildings etc Totals
£ £ £
Cost
At 1 April 2024 35,657 240,716 276,373
Additions - 1,575 1,575
At 31 March 2025 35,657 242,291 277,948
Depreciation
At 1 April 2024 35,657 233,357 269,014
Charge for year - 4,051 4,051
At 31 March 2025 35,657 237,408 273,065
Net book value
At 31 March 2025 - 4,883 4,883
At 31 March 2024 - 7,359 7,359

5. Debtors: amounts falling due within one year
2025 2024
£ £
Trade debtors 185,521 148,904
Other debtors 196,017 218,067
381,538 366,971

6. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 206,758 226,658
Trade creditors 54,911 121,418
Taxation and social security 54,793 75,467
Other creditors 262,259 230,098
578,721 653,641

ARC Luton LLP (Registered number: OC369291)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. Creditors: amounts falling due after more than one year
2025 2024
£ £
Bank loans 18,361 88,172
Other creditors 9,514 33,529
27,875 121,701

8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£ £
Within one year 101,760 136,980
Between one and five years 157,145 183,948
In more than five years 63,000 99,000
321,905 419,928

9. Loans and other debts due to members

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.

10. Guarantees and other financial commitments

The LLP had total guarantees and commitments at the balance sheet date of £500,000 (2024: £500,000). The security provided consists of a fixed and floating charge over all of the assets of the LLP.