REGISTERED NUMBER: OC310546 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ROBINSON & HALL LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S W Home Limited

D J Jones Limited

A J Capel Limited

D J Sawford Limited

A B R Jenkinson Limited

Polly Sewell Limited

REGISTERED OFFICE:

Unit 1, Highfield Court

Highfield Road

Oakley

Bedford

MK43 7TA

REGISTERED NUMBER:

OC310546 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way,

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

67,039

65,667

67,039

65,667

CURRENT ASSETS

Work in progress

506,478

425,677

Debtors

6

445,053

418,167

Cash at bank and in hand

769,812

1,146,481

1,721,343

1,990,325

CREDITORS

Amounts falling due within one year

7

492,508

591,599

NET CURRENT ASSETS

1,228,835

1,398,726

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,295,874

1,464,393

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

674,667

843,186

MEMBERS' OTHER INTERESTS

Capital accounts

621,207

621,207

1,295,874

1,464,393

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

674,667

843,186

Members' other interests

621,207

621,207

1,295,874

1,464,393

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 December 2024.

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 5 September 2025 and were signed by:

S W Home Limited - Designated member

1.	STATUTORY INFORMATION

Robinson & Hall 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of one years.

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.

Office improvements

-

33% on cost

Fixtures and fittings

-

25% on reducing balance

Office equipment

-

50% on reducing balance

Software

-

25% on cost

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.

Revenue recognition

Revenue represents amounts chargeable to clients for professional services provided during the year, net of any sales tax. Services to clients, which at the balance sheet date have not been billed, have been recognised as revenue. Revenue is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled revenue on those engagements where the right to receive payment is contingent on factors outside the control of the company.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 32 (2023 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

5,657

AMORTISATION

At 1 January 2024

and 31 December 2024

5,657

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Office

improvements

fittings

equipment

Software

Totals

£

£

£

£

£

COST

At 1 January 2024

132,482

96,777

296,703

5,400

531,362

Additions

5,259

2,545

29,738

-

37,542

Disposals

-

(75,319

)

(167,693

)

-

(243,012

)

At 31 December 2024

137,741

24,003

158,748

5,400

325,892

DEPRECIATION

At 1 January 2024

89,916

89,059

281,320

5,400

465,695

Charge for year

16,148

2,566

17,456

-

36,170

Eliminated on disposal

-

(75,319

)

(167,693

)

-

(243,012

)

At 31 December 2024

106,064

16,306

131,083

5,400

258,853

NET BOOK VALUE

At 31 December 2024

31,677

7,697

27,665

-

67,039

At 31 December 2023

42,566

7,718

15,383

-

65,667

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

411,528

388,733

Prepayments

33,525

29,434

445,053

418,167

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

168,433

228,616

Social security and other taxes

24,135

20,096

VAT

211,229

133,710

Accruals and deferred income

88,711

209,177

492,508

591,599

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

77,504

72,004

Between one and five years

68,378

72,004

In more than five years

378,424

442,523

524,306

586,531

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The capital (whether classified as a liability or equity) of an LLP may be reduced by agreement of the members either by repayment or by the conversion of equity capital into liability capital or other debt. In the absence of agreement to the contrary, unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.