REGISTERED NUMBER: OC388292 (England and Wales)

TRAILAWAY LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

6

DESIGNATED MEMBERS:

M Swales

B Swales

REGISTERED OFFICE:

Framework House

1 Church Lane

Snaith

GOOLE

East Yorkshire

DN14 9HN

REGISTERED NUMBER:

OC388292 (England and Wales)

ACCOUNTANTS:

P A Woffenden & Co

Accountants and Tax Advisers

Framework House

1 Church Lane

Snaith

GOOLE

East Yorkshire

DN14 9HN

FIXED ASSETS

Tangible assets

4

79,778

57,870

CURRENT ASSETS

Debtors

5

55,193

105,308

Cash at bank

64,944

18,003

120,137

123,311

CREDITORS

Amounts falling due within one year

6

51,620

55,307

NET CURRENT ASSETS

68,517

68,004

TOTAL ASSETS LESS CURRENT LIABILITIES

148,295

125,874

CREDITORS

Amounts falling due after more than one year

7

11,410

13,258

NET ASSETS ATTRIBUTABLE TO MEMBERS

136,885

112,616

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

136,885

112,616

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

136,885

112,616

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 26 September 2025 and were signed by:

M Swales - Designated member

B Swales - Designated member

1.	STATUTORY INFORMATION

Trailaway 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.

Plant and machinery etc

-

25% on reducing balance

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

168,100

Additions

48,500

At 31 March 2025

216,600

DEPRECIATION

At 1 April 2024

110,230

Charge for year

26,592

At 31 March 2025

136,822

NET BOOK VALUE

At 31 March 2025

79,778

At 31 March 2024

57,870

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,193

105,308

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

10,000

-

Trade creditors

9,847

13,909

Taxation and social security

5,108

14,938

Other creditors

26,665

26,460

51,620

55,307

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

8,333

-

Other creditors

3,077

13,258

11,410

13,258

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Taxation and other creditors take priority for payment before repayment of members' balances.

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Trailaway LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

This report is made solely to the members of Trailaway LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trailaway LLP and state those matters that we have agreed to state to the members of Trailaway LLP, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Trailaway LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Trailaway LLP. You consider that Trailaway LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Trailaway LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

P A Woffenden & Co

Accountants and Tax Advisers

Framework House

1 Church Lane

Snaith

GOOLE

East Yorkshire

DN14 9HN

26 September 2025