Registered number
OC344346
Tutton Recruitment LLP
Unaudited Filleted Accounts
31 March 2025
Tutton Recruitment LLP
Registered number: OC344346
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 20,676 21,501
Current assets
Stocks 16,619 20,842
Debtors 5 71,836 108,086
Cash at bank and in hand 340,519 277,713
428,974 406,641
Creditors: amounts falling due within one year 6 (112,685) (68,890)
Net current assets 316,289 337,751
Total assets less current liabilities 336,965 359,252
Creditors: amounts falling due after more than one year 7 (10,926) (17,309)
Net assets attributable to members 326,039 341,943
Represented by:
Members' other interests
Other reserves 326,039 341,943
326,039 341,943
Total members' interests
Members' other interests 326,039 341,943
326,039 341,943
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to LLPs).
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
These accounts were approved by the members on 7 August 2025 and signed on their behalf by:
M J Tutton
Designated member
Tutton Recruitment LLP
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Division of profits
Profits are treated as being available for discretionary division only if the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Profits are otherwise automatically divided and included under Members’ remuneration charged as an expense in the profit and loss account.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 15% reducing balance
Motor vehicles 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Members' capital
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the LLP's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the LLP 1 1
3 Intangible fixed assets £
Goodwill:
Cost
At 1 April 2024 8,000
At 31 March 2025 8,000
Amortisation
At 1 April 2024 8,000
At 31 March 2025 8,000
Net book value
At 31 March 2025 -
Goodwill has been fully written down.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 2,726 47,995 50,721
Additions - 5,900 5,900
At 31 March 2025 2,726 53,895 56,621
Depreciation
At 1 April 2024 1,472 27,748 29,220
Charge for the year 188 6,537 6,725
At 31 March 2025 1,660 34,285 35,945
Net book value
At 31 March 2025 1,066 19,610 20,676
At 31 March 2024 1,254 20,247 21,501
5 Debtors 2025 2024
£ £
Trade debtors 71,211 102,253
Other debtors 625 5,833
71,836 108,086
6 Creditors: amounts falling due within one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 8,386 8,386
Trade creditors 4,402 9,729
Other taxes and social security costs 63,430 7,795
Other creditors 36,467 42,980
112,685 68,890
7 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 10,926 17,309
8 Other information
Tutton Recruitment LLP is a limited liability partnership incorporated in England. Its registered office is:
1a Richmond Terrace
Avonmouth
Bristol
BS11 9EW
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