REGISTERED NUMBER: OC359985 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ADSERVIO MANAGEMENT LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

N B Withey

Mrs J A Withey

REGISTERED OFFICE:

The Larches

Lower Common

Eversley

Hampshire

RG27 0QR

REGISTERED NUMBER:

OC359985 (England and Wales)

ACCOUNTANTS:

Connah Goldsworthy

Chartered Certified Accountants

12 Station Court

Station Approach

Wickford

Essex

SS11 7AT

The members present their report with the financial statements of the LLP for the year ended 31 December 2024.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of management consultancy.

DESIGNATED MEMBERS

The designated members during the year under review were:

N B Withey

Mrs J A Withey

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £4,629 (2023 - £8,086 profit).

MEMBERS' INTERESTS

On incorporation, the members of an LLP are the persons who subscribe their names to the incorporation document. Persons may become or cease to be members in accordance with an agreement between existing members.

ON BEHALF OF THE MEMBERS:

Mrs J A Withey - Designated member

22 September 2025

TURNOVER

24,033

12,135

Administrative expenses

19,404

4,049

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

4,629

8,086

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

4,629

8,086

Members' remuneration charged as an expense

5

(4,629

)

(8,086

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

FIXED ASSETS

Tangible assets

6

9,285

10,923

CURRENT ASSETS

Cash at bank

19,619

14,777

CREDITORS

Amounts falling due within one year

7

600

540

NET CURRENT ASSETS

19,019

14,237

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

28,304

25,160

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

11,542

8,398

MEMBERS' OTHER INTERESTS

Capital accounts

16,762

16,762

28,304

25,160

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

11,542

8,398

Members' other interests

16,762

16,762

28,304

25,160

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 22 September 2025 and were signed by:

Mrs J A Withey - Designated member

1.	STATUTORY INFORMATION

Adservio Management 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

Properties are included in tangible assets in accordance with FRS102 as, in the opinion of the members, there would be undue cost and effect to value them each year and thus they cannot be shown as investment property.

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.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

Prepayments are valued at the amount prepaid net of any trade discounts due

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.12.24

31.12.23

£

£

Depreciation - owned assets

1,638

-

5.	INFORMATION IN RELATION TO MEMBERS

31.12.24

31.12.23

£

£

Members' remuneration charged as an expense

Automatic division of profit

4,629

8,086

6.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

32,770

810

33,580

DEPRECIATION

At 1 January 2024

21,847

810

22,657

Charge for year

1,638

-

1,638

At 31 December 2024

23,485

810

24,295

NET BOOK VALUE

At 31 December 2024

9,285

-

9,285

At 31 December 2023

10,923

-

10,923

The temporary office building recorded in the accounts has been written down to reflect its true market valuation.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

600

540

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members' capital is considered to be a liability and not equity and is repayable to the members at the discretion of the LLP