REGISTERED NUMBER: OC326084 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ASH & CO. CS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S J McKeag

A Mylechreest

B P Fenley

N K Jones

R Smith

REGISTERED OFFICE:

3 Pullman Court

Great Western Road

Gloucester

Gloucestershire

GL1 3ND

REGISTERED NUMBER:

OC326084 (England and Wales)

ACCOUNTANTS:

Randall & Payne LLP

Chartered Accountants

Chargrove House

Shurdington Road

Cheltenham

Gloucestershire

GL51 4GA

FIXED ASSETS

Intangible assets

4

29,156

43,431

Tangible assets

5

13,752

12,928

42,908

56,359

CURRENT ASSETS

Stocks

3,316

2,917

Debtors

6

145,418

153,987

Cash at bank and in hand

152,206

57,336

300,940

214,240

CREDITORS

Amounts falling due within one year

7

166,005

126,017

NET CURRENT ASSETS

134,935

88,223

TOTAL ASSETS LESS CURRENT LIABILITIES

177,843

144,582

CREDITORS

Amounts falling due after more than one year

8

9,830

19,271

NET ASSETS ATTRIBUTABLE TO MEMBERS

168,013

125,311

LOANS AND OTHER DEBTS DUE TO MEMBERS

10

68,013

35,311

MEMBERS' OTHER INTERESTS

Capital accounts

100,000

90,000

168,013

125,311

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

68,013

35,311

Members' other interests

100,000

90,000

Amounts due from members

6

-

(1,313

)

168,013

123,998

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 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 9 September 2025 and were signed by:

B P Fenley - Designated member

A Mylechreest - Designated member

1.	STATUTORY INFORMATION

Ash & Co. Cs 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 presentation currency of the financial statements is the Pound Sterling (£).

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 represents net invoiced sales of goods, excluding value added tax.

Turnover is recognised upon completion of consultancy contracts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten 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.

Short leasehold

-

10% on cost

Fixtures & Fittings

-

20% on cost

Computer equipment

-

33% on cost

Stocks & work in progress

Work in progress is valued at the lower of cost and net realisable value.

Financial instruments

Financial Instruments are classified by the members as basic or advanced following the conditions in FRS 102 Section 11. Basic financial instruments are recognised at amortised cost using the effective interest method.

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.

Provisions

Provisions are recognised only where a present obligation exists as a result of a past transaction or event at or prior to the balance sheet date. In addition, a provision is only recognised where the amounts involved can be reliably estimated. Where material, provisions are calculated on a discounted basis.

Going concern

The members have considered the risks and issues concerning the partnership and it's activities and no material uncertainties that may cast significant doubt about the partnership's ability to continue as a going concern have been identified by the members.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 15 (2024 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

142,755

AMORTISATION

At 1 April 2024

99,324

Charge for year

14,275

At 31 March 2025

113,599

NET BOOK VALUE

At 31 March 2025

29,156

At 31 March 2024

43,431

5.	TANGIBLE FIXED ASSETS

Short

Fixtures

Computer

leasehold

& Fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

21,299

4,763

30,568

56,630

Additions

-

-

6,614

6,614

Disposals

-

-

(2,807

)

(2,807

)

At 31 March 2025

21,299

4,763

34,375

60,437

DEPRECIATION

At 1 April 2024

12,069

4,717

26,916

43,702

Charge for year

2,130

32

3,628

5,790

Eliminated on disposal

-

-

(2,807

)

(2,807

)

At 31 March 2025

14,199

4,749

27,737

46,685

NET BOOK VALUE

At 31 March 2025

7,100

14

6,638

13,752

At 31 March 2024

9,230

46

3,652

12,928

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

91,847

121,406

Amounts due from members

-

1,313

Prepayments

53,571

31,268

145,418

153,987

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,075

10,647

Trade creditors

67,264

36,822

Social security and other taxes

8,291

8,716

Pension

1,283

2,003

VAT

58,195

51,804

Other creditors

5,611

6,090

Accrued expenses

15,286

9,935

166,005

126,017

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

9,830

19,271

9.	LEASING AGREEMENTS

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

2025

2024

£

£

Within one year

30,000

38,000

Between one and five years

-

30,000

30,000

68,000

10.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

68,013

35,311

Falling due within one year

68,013

35,311

In the event of the LLP winding up, creditors interests will be met first and interests of the members will be met last.