Marstan BDB LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC344551 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30th April 2025

for

Marstan BDB LLP

Page

General information

1

Balance sheet

2

Notes to the financial statements

4

Designated members:

R G Burch

J E F Woricker

Registered office:

Wakefield House

High Street

Sawston

Cambridge

CB22 3BG

Registered number:

OC344551 (England and Wales)

Accountants:

Cooper Paul

Abacus House

14-18 Forest Road

Loughton

Essex

IG10 1DX

Solicitors:

Birketts LLP

Brierly Place

New London Road

Chelmsford

Essex

CM2 0AP

Fixed assets

Tangible assets

4

1,136

2,039

Current assets

Debtors

5

354,612

364,370

Cash at bank and in hand

278,059

183,815

632,671

548,185

Creditors

Amounts falling due within one year

6

(522,747

)

(409,215

)

Net current assets

109,924

138,970

Total assets less current liabilities

and

Net assets attributable to members

111,060

141,009

Loans and other debts due to members

8

111,060

141,009

Total members' interests

Loans and other debts due to members

8

111,060

141,009

Amounts due from members

5

(9,890

)

-

101,170

141,009

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 30th April 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 19th June 2025 and were signed by:

R G Burch - Designated member

J E F Woricker - Designated member

1.	Statutory information

Marstan BDB 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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

50% 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.

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.

3.	Employee information

The average number of employees during the year was 7 (2024 - 6 ) .

4.	Tangible fixed assets

Fixtures

and

Computer

fittings

equipment

Totals

£

Cost

At 1st May 2024

16,752

144,394

161,146

Additions

-

2,272

At 30th April 2025

16,752

146,666

163,418

Depreciation

At 1st May 2024

16,752

142,355

159,107

Charge for year

-

3,175

At 30th April 2025

16,752

145,530

162,282

Net book value

At 30th April 2025

-

1,136

At 30th April 2024

-

2,039

5.

Debtors: amounts falling due within one year

2025

2024

£

Trade debtors

325,625

340,281

Other debtors

28,987

24,089

354,612

364,370

6.

Creditors: amounts falling due within one year

2025

2024

£

Trade creditors

172,792

139,675

Taxation and social security

19,585

13,050

Other creditors

330,370

256,490

522,747

409,215

7.	Leasing agreements

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

2025

2024

£

Within one year

12,226

Between one and five years

28,170

40,396

52,622

8.

Loans and other debts due to members

2025

2024

£

Loans from members

100,000

Amounts owed to members in respect of profits

11,060

41,009

111,060

141,009

Falling due within one year

111,060

141,009

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

9.	Related party disclosures

Included within subcontractor costs are accruals of £210,000 (2024: £105,000) for Worqs Limited and £70,000 (2024: £105,000) for RGB Sawston Limited. Worqs Limited and RGB Sawston Limited are owned by J E F Woricker and R G Burch respectively being the designated members of the LLP.