REGISTERED NUMBER: OC347136 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Mainspring Marketing LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs M Pursey

J Pursey

REGISTERED OFFICE:

REGISTERED NUMBER:

OC347136 (England and Wales)

ACCOUNTANTS:

Ross Management Accountancy

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,245

16,401

13,245

16,401

CURRENT ASSETS

Debtors

6

243,468

251,617

Prepayments and accrued income

6,534

322

250,002

251,939

CREDITORS

Amounts falling due within one year

7

31,024

36,095

NET CURRENT ASSETS

218,978

215,844

TOTAL ASSETS LESS CURRENT LIABILITIES

232,223

232,245

CREDITORS

Amounts falling due after more than one year

8

41,622

41,644

NET ASSETS ATTRIBUTABLE TO MEMBERS

190,601

190,601

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

MEMBERS' OTHER INTERESTS

Capital accounts

190,601

190,601

190,601

190,601

TOTAL MEMBERS' INTERESTS

Members' other interests

190,601

190,601

Amounts due from members

6

(236,259

)

(237,744

)

(45,658

)

(47,143

)

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 18 September 2025 and were signed by:

Mrs M Pursey - Designated member

1.	STATUTORY INFORMATION

Mainspring Marketing 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 2009, 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.

Plant and machinery etc

-

20% on reducing balance and 15% 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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

55,000

AMORTISATION

At 1 January 2024

and 31 December 2024

55,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

8,065

91,610

99,675

Additions

-

146

146

At 31 December 2024

8,065

91,756

99,821

DEPRECIATION

At 1 January 2024

8,065

75,209

83,274

Charge for year

-

3,302

3,302

At 31 December 2024

8,065

78,511

86,576

NET BOOK VALUE

At 31 December 2024

-

13,245

13,245

At 31 December 2023

-

16,401

16,401

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

7,209

13,873

Other debtors

236,259

237,744

243,468

251,617

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

15,584

13,639

Hire purchase contracts

-

3,015

Trade creditors

6,217

8,825

Taxation and social security

7,283

5,543

Other creditors

1,940

5,073

31,024

36,095

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

28,689

29,532

Other creditors

12,933

12,112

41,622

41,644