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REGISTERED NUMBER: OC449688 (England and Wales)












REPORT OF THE MEMBERS AND


UNAUDITED FINANCIAL STATEMENTS


FOR THE PERIOD ENDED 31 MARCH 2025


FOR


MOORGATE FINANCE MANAGEMENT LLP


MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)








CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025





Page




General Information  

1




Report of the Members  

2




Profit and loss account  

3




Balance Sheet  

4




Reconciliation of Members' Interests  

6




Notes to the Financial Statements

7





MOORGATE FINANCE MANAGEMENT LLP



GENERAL INFORMATION

FOR THE PERIOD ENDED 31 MARCH 2025









DESIGNATED MEMBERS:

T A Roberts


A Drawwater


Ms E Green







REGISTERED OFFICE:

The Dovecote


Pury Hill Business Park,


Alderton Road, Paulerspury


Towcester


Northamptonshire


NN12 7LS







REGISTERED NUMBER:

OC449688 (England and Wales)







ACCOUNTANTS:

Thompson Taraz Rand Ltd


Chartered Accountants


10 Jesus Lane


Cambridge


Cambridgeshire


CB5 8BA


MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



REPORT OF THE MEMBERS

FOR THE PERIOD ENDED 31 MARCH 2025


The members present their report with the financial statements of the LLP for the year ended 31 March 2025.


INCORPORATION

The LLP was incorporated on 27 October 2023 and commenced trading on the same date.


DESIGNATED MEMBERS

The designated members during the year under review were:


T A Roberts

A Drawwater

Ms E Green



RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £134,493.


MEMBERS' INTERESTS


ON BEHALF OF THE MEMBERS:






A Drawwater - Designated member



7 August 2025


MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



PROFIT AND LOSS ACCOUNT

FOR THE PERIOD ENDED 31 MARCH 2025



Notes

£   




TURNOVER

636,587





Cost of sales

(15,212

)



GROSS PROFIT

621,375





Distribution costs

(172

)



Administrative expenses

(476,185

)


145,018





Interest receivable and similar income

19



145,037




                              Gain/loss on revaluation on assets                                                                                (2,980)


Interest payable and similar expenses

(7,564

)



PROFIT FOR THE FINANCIAL YEAR BEFORE

MEMBERS' REMUNERATION AND PROFIT      

SHARES                                                                    4




134,493




MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



BALANCE SHEET

31 MARCH 2025



Notes

£   



FIXED ASSETS


Tangible assets

5

167,433





CURRENT ASSETS


Debtors

6

97,337




Cash and cash equivalents

82,585



179,922




CREDITORS


Amounts falling due within one year

7

(272,362

)



NET CURRENT LIABILITIES

(92,440

)



TOTAL ASSETS LESS CURRENT LIABILITIES

74,993





CREDITORS


Amounts falling due after more than one

year

8

(69,901

)



NET ASSETS ATTRIBUTABLE TO MEMBERS

5,092





LOANS AND OTHER DEBTS DUE TO MEMBERS

5,092





TOTAL MEMBERS' INTERESTS


Loans and other debts due to members

5,092




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.


MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



BALANCE SHEET - continued

31 MARCH 2025



The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.  


The financial statements were approved by the members of the LLP and authorised for issue on 7 August 2025 and were signed by:





A Drawwater - Designated member





T A Roberts - Designated member





E Green- Designated member



MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



RECONCILIATION OF MEMBERS' INTERESTS

FOR THE PERIOD ENDED 31 MARCH 2025




EQUITY


DEBT


TOTAL


Members'

Loans and other debts due to

MEMBERS'


other

members less any amounts due

INTERESTS


interests

from members in debtors




Other


Other



reserves


amounts


Total

£   

£   

£   


Amount due to members

-



Amount due from members

-



Balance at 27 October 2023

-


-





Profit for the financial year

available for discretionary division

among members

134,493


-


134,493



Members' interests after profit for

the year

134,493


-


134,493



Other divisions of profit

(134,493

)

134,493


-



Introduced by members

-


5,712


5,712



Amount due to members

5,092



Amount due from members

-



Balance at 31 March 2025

-


140,205


140,205




MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD ENDED 31 MARCH 2025


1.

STATUTORY INFORMATION



Moorgate Finance Management 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 or, if held under a finance lease, over the lease term, whichever is the shorter.  


Fixtures and fittings

-

25% on cost


Motor vehicles

-

6% on reducing balance


Computer equipment

-

25% on reducing balance



Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.

EMPLOYEE INFORMATION



The average number of employees during the year was NIL.


4.

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES



The profit for the financial year before members' remuneration and profit shares is stated after charging:


£   



Depreciation - owned assets

4,908




MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD ENDED 31 MARCH 2025


5.

TANGIBLE FIXED ASSETS


Plant and


machinery


etc

£   



COST


At 1 April 2024

130,688




Additions

56,352




At 31 March 2025

187,040




DEPRECIATION


At 1 April 2024

4,906




Charge for year

14,701




At 31 March 2025

19,607




NET BOOK VALUE


At 31 March 2025

167,433




At 31 March 2024

125,782





Fixed assets, included in the above, which are held under hire purchase contracts are as follows:



Plant and


machinery


etc

£   



COST


At 1 April 2024

114,820




Additions

51,918




At 31 March 2025

166,738




DEPRECIATION


At 1 April 2024

3,510




Charge for year

9,793




At 31 March 2025

13,303




NET BOOK VALUE


At 31 March 2025

153,435




At 31 March 2024

111,310




6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


£   



Trade debtors

47,799




Other debtors

49,538



97,337




MOORGATE FINANCE MANAGEMENT LLP (REGISTERED NUMBER: OC449688)



NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD ENDED 31 MARCH 2025


7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


£   



Hire purchase contracts

46,967




Trade creditors

16,619




Amounts owed to associates

115,973




Taxation and social security

29,022




Other creditors

63,781



272,362




8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR


£   



Hire purchase contracts

69,901




9.

RELATED PARTY DISCLOSURES



During the period, the LLP charged £95,391 to a company under common control in respect of services provided. At the balance sheet date, a total of £130,300 was owed by the LLP to companies under common control. These balances are unsecured, interest-free, repayable on demand, and are included within creditors due within one year.



Included within creditors falling due within one year is an amount of £52,609 relating to credit notes issued after the year end by the LLP.



In addition, expenses totalling £12,000 were recharged to a company under common control during the period. At the balance sheet date, the net amount owed by the LLP to companies under common control was £170,909.



While these balances are contractually repayable on demand, there is no intention for them to be recalled in the short term, as the wider group has confirmed its ongoing financial support to the LLP.


10.

ULTIMATE CONTROLLING PARTY



The ultimate controlling party is T Roberts, E Green and A Drawwater.