Baldwin Scofield Accountancy LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC398449

		31 March 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,794		4,299

			2,794		4,299
CURRENT ASSETS
Debtors	5	39,877		39,262
Cash at bank and in hand		9,231		24,976

		49,108		64,238
Creditors: Amounts Falling Due Within One Year	6	(25,747 )		(29,211 )

NET CURRENT ASSETS (LIABILITIES)			23,361		35,027

TOTAL ASSETS LESS CURRENT LIABILITIES			26,155		39,326

Creditors: Amounts Falling Due After More Than One Year	7		(3,306 )		(12,631 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			22,849		26,695

REPRESENTED BY:
Loans and other debts due to members
Other amounts		22,849		26,695

			22,849		26,695

			22,849		26,695

TOTAL MEMBERS' INTEREST
Amounts due from members			(2,571)		-
Loans and other debts due to members			22,849		26,695

			20,278		26,695

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Baldwin Scofield Accountancy LLP

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr S Baldwin

Designated Member

09/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Baldwin Scofield Accountancy LLP is a limited liability partnership, incorporated in England & Wales, registered number OC398449 . The Registered Office is Unit 3 Newhouse Business Centre, Old Crawley Road, Horsham, West Sussex, RH12 4RU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Over three years straight line
Computer Equipment	Over three years straight line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: 3 (2024: 3)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 May 2024	220	6,390	6,610

As at 31 March 2025	220	6,390	6,610

Depreciation
As at 1 May 2024	220	2,091	2,311
Provided during the period	-	1,505	1,505

As at 31 March 2025	220	3,596	3,816

...CONTINUED

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Baldwin Scofield Accountancy LLP

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 March 2025

Net Book Value
As at 31 March 2025	-	2,794	2,794

As at 1 May 2024	-	4,299	4,299

5. Debtors

	31 March 2025	30 April 2024
	£	£
Due within one year
Trade debtors	34,538	38,271
Other debtors	5,339	991

	39,877	39,262

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	30 April 2024
	£	£
Trade creditors	6,987	8,868
Bank loans and overdrafts	10,648	10,648
Other creditors	984	674
Taxation and social security	7,128	9,021

	25,747	29,211

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	30 April 2024
	£	£
Bank loans	3,306	12,631

8. Loans

An analysis of the maturity of loans is given below:

	31 March 2025	30 April 2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	10,648	10,648

	31 March 2025	30 April 2024
	£	£
Amounts falling due between one and five years:
Bank loans	3,306	12,631

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