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SO300116falsethe supply of training services2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/cd:LimitedLiabilityPartnershipLLP2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure


Registered number: SO300116






Louise Robb Associates LLP


FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025
























Prepared By:
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ


CONTENTS



		Page

Report of the Members		-


Report of the Accountants		-

Profit and Loss Account		-

Balance Sheet		3

Notes to the Accounts		4


The following do not form part of the statutory financial statements:


Trading and Profit and Loss Account		-

Profit and Loss Account Summaries		-

Capital Accounts		-

Current Accounts		-


FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025





DESIGNATED MEMBERS
Louise Robb
Alasdair Robb


REGISTERED OFFICE
59 Largo Road
Lundin Links
Leven
Fife
KY8 6DH


COMPANY NUMBER
SO300116



ACCOUNTANTS
Cunningham Grant
Chartered Accountants
Unit G6, The Granary Business Centre
Coal Road, Cupar
Fife
KY15 5YQ


BALANCE SHEET AT 31 March 2025

			2025		2024
	Notes		£		£

FIXED ASSETS

Tangible assets	3		8,953		15,173

CURRENT ASSETS

Debtors	4	2,649		23,322
Cash at bank and in hand		37,649		32,004
		40,298		55,326
CREDITORS: Amounts falling due within one year	5	3,295		8,014
NET CURRENT ASSETS			37,003		47,312

TOTAL ASSETS LESS CURRENT LIABILITIES			45,956		62,485


CREDITORS: Amounts falling due after more than oneyear	6		-		5,700
NET ASSETS ATTRIBUTABLE TO MEMBERS			45,956		56,785

LOANS AND OTHER DEBTS DUE TO MEMBERS	7		45,956		56,785
MEMBERS ' OTHER INTERESTS
			45,956		56,785

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members	7		45,956		56,785
			45,956		56,785
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 as modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts as modified 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime modified by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
The members have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the members on 25 September 2025 and signed on their behalf by



.............................
Louise Robb
Designated Member




1a. General Information and Basis of Preparation
Louise Robb Associates LLP is a Limited Liability Partnership incorporated in Scotland. The address of the registered office is given on page 1 of the financial statements.
The financial statements have been prepared in accordance with Financial Reporting Standard FRS 102 including Section 1A Small Entities, the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. There were no material departures from that standard.
The financial statements are presented in sterling which is the functional currency of the company and are rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise shown.




1b. Turnover
Turnover is recognised as the fair value of the consideration received or receivable for services provided in the normal course of business, net of VAT and trade discounts.




1c. Tangible Fixed Assets
Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.
Depreciation has been provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Equipment		straight line25%
Motor Cars		straight line25%




1d. Taxation
Members are personally liable for taxation on their share of the partnership profits. Consequently no provision for taxation is made in the financial statements in respect of members' tax liabilities, and the profits are shown without deduction of tax.




1e. Cash And Cash Equivalents
Cash and cash equivalents are basic financial instruments which include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.




1f. Financial Instruments
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.




1g. Critical Accounting Estimates And Judgements
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.
The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period, or in the period of the revision and future periods where the revision affects both current and future periods.




3. TANGIBLE FIXED ASSETS

	Plant and
	Machinery Etc.	Total
	£	£
Cost
At 1 April 2024	90,954	90,954
Additions	176	176
Disposals	(5,436)	(5,436)
At 31 March 2025	85,694	85,694
Depreciation
At 1 April 2024	75,781	75,781
Disposals	(5,436)	(5,436)
For the year	6,396	6,396
At 31 March 2025	76,741	76,741
Net Book Amounts
At 31 March 2025	8,953	8,953
At 31 March 2024	15,173	15,173




4. DEBTORS	2025	2024
	£	£

Amounts falling due within one year:
Trade debtors	2,649	22,310
Other Debtors	-	1,012
	2,649	23,322




5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
Bank loans and overdrafts	-	3,600
Trade creditors	111	469
Taxation and social security	1,338	1,923
Other creditors	1,846	2,022
	3,295	8,014




6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans and overdrafts	-	5,700
	-	5,700




2. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	-	-




7. LOANS AND OTHER DEBTS DUE TO MEMBERS	2025	2024
	£	£
Amounts due to members	45,956	56,785

Loans and other debts due to members rank pari passu with unsecured creditors in the event of a winding up.