REGISTERED NUMBER: OC377321 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

THE BIG LOBSTER POT LLP

Page

General Information

1

Report of the Members

2

Statement of comprehensive income

3

Statement of Financial Position

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

D P Haydn-Taylor

P Horton

W R Barlow

REGISTERED OFFICE:

Unit 11 Chelsea Wharf

15 Lots Road

London

SW10 0QJ

REGISTERED NUMBER:

OC377321 (England and Wales)

ACCOUNTANTS:

Thorne Lancaster Parker

5th Floor

Palladium House

1-4 Argyll Street

London

W1F 7TA

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 holding investments.

DESIGNATED MEMBERS

The designated members during the year under review were:

D P Haydn-Taylor

P Horton

W R Barlow

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £NIL (2023 - £NIL profit).

MEMBERS' INTERESTS

Each members' subscription to the capital of the LLP is determined by agreement with the designated members and is repayable following retirement from the LLP.

The members participate fully in the profits and losses. The policy is to allow each member to draw such sum as the designated members may from time to time agree, subject to the cash requirements of the LLP.

ON BEHALF OF THE MEMBERS:

W R Barlow - Designated member

30 September 2025

REVENUE

-

-

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

FIXED ASSETS

Investments

5

50

50

CURRENT ASSETS

Debtors

768

768

Cash at bank

332

332

1,100

1,100

CREDITORS

Amounts falling due within one year

6

(400

)

(400

)

NET CURRENT ASSETS

700

700

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

750

750

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

750

750

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

750

750

Amounts due from members

(768

)

(768

)

(18

)

(18

)

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 30 September 2025 and were signed by:

W R Barlow - Designated member

1.	STATUTORY INFORMATION

The Big Lobster Pot LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Investments

Investments in unlisted entities held as fixed assets are shown at cost less provisions for impairment.

Members' interests

Members' capital is classified as a liability under FRS 25 because they are repayable when a member leaves. Unallocated current year profits are classified as equity.

Income taxation

Income tax payable on partnership profits is the personal liability of individual members.

4.	EMPLOYEE INFORMATION

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

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

50

NET BOOK VALUE

At 31 December 2024

50

At 31 December 2023

50

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

400

400

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members would rank equally in relation to other creditors.