REGISTERED NUMBER: OC362392 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Mathisen & Macara LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M C Foster

Mrs F A Goddard

Mrs C Gravenell

Dr A King

Mrs S E Stevens

REGISTERED OFFICE:

Charta House

30-38 Church Street

Staines

Middlesex

TW18 4EP

REGISTERED NUMBER:

OC362392 (England and Wales)

ACCOUNTANTS:

Accord Accountants

191-193 High Street

Hampton Hill

Middlesex

TW12 1NL

FIXED ASSETS

Tangible assets

4

17,727

23,287

CURRENT ASSETS

Stocks

27,919

13,147

Debtors

5

848,716

857,183

Cash at bank and in hand

155,008

161,372

1,031,643

1,031,702

CREDITORS

Amounts falling due within one year

6

377,791

438,059

NET CURRENT ASSETS

653,852

593,643

TOTAL ASSETS LESS CURRENT LIABILITIES

671,579

616,930

CREDITORS

Amounts falling due after more than one year

7

5,248

27,715

NET ASSETS ATTRIBUTABLE TO MEMBERS

666,331

589,215

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

666,331

589,215

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

666,331

589,215

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 31 August 2025 and were signed by:

Mrs S E Stevens - Designated member

1.	STATUTORY INFORMATION

Mathisen & Macara 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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

114,093

Additions

2,980

At 31 March 2025

117,073

DEPRECIATION

At 1 April 2024

90,806

Charge for year

8,540

At 31 March 2025

99,346

NET BOOK VALUE

At 31 March 2025

17,727

At 31 March 2024

23,287

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

705,994

716,518

Other debtors

142,722

140,665

848,716

857,183

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

251,106

265,624

Taxation and social security

12,675

20,509

Other creditors

114,010

151,926

377,791

438,059

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

5,248

27,715

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Amounts owed to members in respect of profits

666,331

589,215

Falling due within one year

666,331

589,215

.