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REGISTERED NUMBER: OC388500 (England and Wales)






















Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Pemberton And Whitefoord LLP

Pemberton And Whitefoord LLP (Registered number: OC388500)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

General Information 1

Report of the Members 2

Chartered Accountants' Report 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 6


Pemberton And Whitefoord LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: Mr S M Pemberton
Mr A C Whitefoord





REGISTERED OFFICE: 16 Great Queen Street
Covent Garden
London
WC2B 5AH





REGISTERED NUMBER: OC388500 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG

Pemberton And Whitefoord LLP (Registered number: OC388500)

Report of the Members
for the Year Ended 31 March 2025

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

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of providing graphic design services.

DESIGNATED MEMBERS
The designated members during the year under review were:

Mr S M Pemberton
Mr A C Whitefoord

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £426,592 (2024 - £546,132 profit).

MEMBERS' INTERESTS
Each member's subscription to the capital of the LLP is determined by their share of the profit and is repayable following retirement from the LLP.

Details of changes in members' capital in the ended 31 March 2025 are set out in the reconciliation of members' interests.

Members are remunerated from the profits of the LLP and are required to make their own provision for pensions and other benefits. Profits are allocated and divided between members after finalisation of the financial statements. Members draw a proportion of their profit shares monthly during the year in which it is made, with the balance of profits being distributed after the year, subject to the cash requirements of the business.

ON BEHALF OF THE MEMBERS:





Mr S M Pemberton - Designated member


14 August 2025

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Pemberton And Whitefoord LLP


In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Pemberton And Whitefoord LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Pemberton And Whitefoord LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pemberton And Whitefoord LLP and state those matters that we have agreed to state to the members of Pemberton And Whitefoord LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pemberton And Whitefoord LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Pemberton And Whitefoord LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pemberton And Whitefoord LLP. You consider that Pemberton And Whitefoord LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pemberton And Whitefoord LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
15 Newland
Lincoln
Lincolnshire
LN1 1XG


14 August 2025

Pemberton And Whitefoord LLP (Registered number: OC388500)

Income Statement
for the Year Ended 31 March 2025

2025 2024
Notes £    £   

TURNOVER 1,161,071 1,171,992

Cost of sales 138,748 108,514
GROSS PROFIT 1,022,323 1,063,478

Administrative expenses 615,970 522,861
OPERATING PROFIT 4 406,353 540,617

Interest receivable and similar income 20,239 5,515
PROFIT FOR THE FINANCIAL YEAR BEFORE
MEMBERS' REMUNERATION AND PROFIT
SHARES AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS



426,592



546,132

Pemberton And Whitefoord LLP (Registered number: OC388500)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 21,316 23,648

CURRENT ASSETS
Debtors 6 249,628 105,571
Cash at bank and in hand 812,396 1,091,052
1,062,024 1,196,623
CREDITORS
Amounts falling due within one year 7 84,106 50,109
NET CURRENT ASSETS 977,918 1,146,514
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 999,234 1,170,162

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

999,234

1,170,162

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 999,234 1,170,162

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 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 14 August 2025 and were signed by:




Mr S M Pemberton - Designated member




Mr A C Whitefoord - Designated member


Pemberton And Whitefoord LLP (Registered number: OC388500)

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

1. STATUTORY INFORMATION

Pemberton And Whitefoord 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
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the LLP
and the revenue can be reliably measured. Revenue is measured as the fair value of the
consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are
provided in accordance with the stage of completion of the contract when all of the following
conditions are satisfied:
- the amount of revenue can be measured reliably;
- it is probable that the LLP will receive the consideration due under the contract;
- the stage of completion of the contract at the end of the reporting period can be measured
reliably; and
- the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
The LLP only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 7 (2024 - 9 ) .

Pemberton And Whitefoord LLP (Registered number: OC388500)

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

4. OPERATING PROFIT

The operating profit is stated after charging:

2025 2024
£    £   
Depreciation - owned assets 6,251 8,587

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2024 65,614 42,233 107,847
Additions 3,919 - 3,919
At 31 March 2025 69,533 42,233 111,766
DEPRECIATION
At 1 April 2024 49,260 34,939 84,199
Charge for year 4,428 1,823 6,251
At 31 March 2025 53,688 36,762 90,450
NET BOOK VALUE
At 31 March 2025 15,845 5,471 21,316
At 31 March 2024 16,354 7,294 23,648

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 221,937 76,452
Other debtors 27,691 29,119
249,628 105,571

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 17,237 3,809
Taxation and social security 53,884 36,262
Other creditors 12,985 10,038
84,106 50,109

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.