REGISTERED NUMBER: OC343176 (England and Wales)

ASHTON SMITH LLP

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M D Ashton

D T F Smith

MAX BOX LIMITED

REGISTERED OFFICE:

Belvedere House

2 Victoria Avenue

Harrogate

North Yorkshire

HG1 1EL

REGISTERED NUMBER:

OC343176 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Tangible assets

4

143,452

191,269

Investments

5

261,580

261,580

405,032

452,849

CURRENT ASSETS

Debtors

6

356,571

296,640

Cash at bank

53,679

97,794

410,250

394,434

CREDITORS

Amounts falling due within one year

7

27,540

26,264

NET CURRENT ASSETS

382,710

368,170

TOTAL ASSETS LESS CURRENT LIABILITIES

787,742

821,019

CREDITORS

Amounts falling due after more than one year

8

227,999

250,941

NET ASSETS ATTRIBUTABLE TO MEMBERS

559,743

570,078

LOANS AND OTHER DEBTS DUE TO MEMBERS

559,443

569,778

MEMBERS' OTHER INTERESTS

Capital accounts

300

300

559,743

570,078

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

559,443

569,778

Members' other interests

300

300

559,743

570,078

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 16 September 2025 and were signed by:

M D Ashton - Designated member

1.	STATUTORY INFORMATION

ASHTON SMITH 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

250,019

DEPRECIATION

At 1 April 2024

58,750

Charge for year

47,817

At 31 March 2025

106,567

NET BOOK VALUE

At 31 March 2025

143,452

At 31 March 2024

191,269

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

174,771

DEPRECIATION

At 1 April 2024

36,411

Charge for year

34,590

At 31 March 2025

71,001

NET BOOK VALUE

At 31 March 2025

103,770

At 31 March 2024

138,360

5.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Participating interests

38

38

Loans to undertakings in which the LLP has a participating interest

81,042

81,042

Other investments not loans

180,500

180,500

261,580

261,580

Additional information is as follows:

Interest

in other

participating

interests

£

COST

At 1 April 2024

and 31 March 2025

38

NET BOOK VALUE

At 31 March 2025

38

At 31 March 2024

38

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Assets held for investment

180,500

180,500

Loans to

associates

£

At 1 April 2024

and 31 March 2025

81,042

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

245,018

179,640

Amounts owed by associates

111,553

116,473

Other debtors

-

527

356,571

296,640

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

22,941

22,941

Trade creditors

1,302

824

Taxation and social security

296

-

Other creditors

3,001

2,499

27,540

26,264

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

26,765

49,707

Other creditors

201,234

201,234

227,999

250,941