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REGISTERED NUMBER: OC350230 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Tool Care Hire LLP

Tool Care Hire LLP (Registered number: OC350230)






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


Tool Care Hire LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: M B Phillips
Tool Care Hire (Devon) Limited





REGISTERED OFFICE: 9 Hennock Road
Marsh Barton
Exeter
Devon
EX2 8NP





REGISTERED NUMBER: OC350230 (England and Wales)





ACCOUNTANTS: Bedford & Co Ltd
128 High Street
Crediton
Devon
EX17 3LQ

Tool Care Hire LLP (Registered number: OC350230)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,000 10,000
Tangible assets 5 950,000 950,000
960,000 960,000

CURRENT ASSETS
Debtors 6 55,266 55,428
Cash at bank 14,483 5,715
69,749 61,143
CREDITORS
Amounts falling due within one year 7 10,313 520
NET CURRENT ASSETS 59,436 60,623
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,019,436

1,020,623

MEMBERS' CAPITAL 8 4,436 5,623

MEMBERS' OTHER INTERESTS
Capital accounts 1,015,000 1,015,000
1,019,436 1,020,623

TOTAL MEMBERS' INTERESTS
Members' capital 8 4,436 5,623
Members' other interests 1,015,000 1,015,000
1,019,436 1,020,623

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.

Tool Care Hire LLP (Registered number: OC350230)

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 26 August 2025 and were signed by:





M B Phillips - Designated member

Tool Care Hire LLP (Registered number: OC350230)

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

1. STATUTORY INFORMATION

Tool Care Hire 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 company's place of business is 9 Hennock Road, Marsh Barton Trading Estate, Exeter, Devon, EX2 8NP.

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 from the sale of services, excluding discounts, rebates, value added tax and other sales taxes.
Revenue is recognised when services are delivered to customers such that risks and rewards of ownership have been transferred to them and that there is sufficient reliable evidence that delivery of goods has occurred.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is to be amortised over its estimated useful life.

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.
Land and buildings - in accordance with the property

3. EMPLOYEE INFORMATION

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 10,000
NET BOOK VALUE
At 31 March 2025 10,000
At 31 March 2024 10,000

Tool Care Hire LLP (Registered number: OC350230)

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

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2024
and 31 March 2025 950,000
NET BOOK VALUE
At 31 March 2025 950,000
At 31 March 2024 950,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 55,266 55,428

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 9,600 -
Taxation and social security 713 520
10,313 520

8. MEMBERS' CAPITAL

Capital loans and other debts due to members rank behind creditors, in accordance with the members' agreement. There are no restrictions on the members' ability to reduce the amount of members' other interests.