REGISTERED NUMBER: OC429413 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Smeedon LLP

Trading as

Smeedon LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

D Haddad

Mrs N F Duggan

REGISTERED OFFICE:

Suite 234

St Andrews Business Centre

91/93 St Marys Road

Liverpool

L19 2NL

REGISTERED NUMBER:

OC429413 (England and Wales)

ACCOUNTANTS:

DJH Liverpool

3rd Floor Pacific Chambers

11-13 Victoria Street

Liverpool

Merseyside

L2 5QQ

FIXED ASSETS

Tangible assets

4

362,580

362,730

CURRENT ASSETS

Cash at bank and in hand

18,032

13,884

CREDITORS

Amounts falling due within one year

5

35,214

36,174

NET CURRENT LIABILITIES

(17,182

)

(22,290

)

TOTAL ASSETS LESS CURRENT LIABILITIES

345,398

340,440

CREDITORS

Amounts falling due after more than one year

6

87,742

93,105

NET ASSETS ATTRIBUTABLE TO MEMBERS

257,656

247,335

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

44,656

34,335

MEMBERS' OTHER INTERESTS

Capital accounts

213,000

213,000

257,656

247,335

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

44,656

34,335

Members' other interests

213,000

213,000

257,656

247,335

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 29 September 2025 and were signed by:

D Haddad - Designated member

1.	STATUTORY INFORMATION

Smeedon 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

362,330

1,000

363,330

DEPRECIATION

At 1 April 2024

-

600

600

Charge for year

-

150

150

At 31 March 2025

-

750

750

NET BOOK VALUE

At 31 March 2025

362,330

250

362,580

At 31 March 2024

362,330

400

362,730

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

34,940

34,940

Other creditors

274

1,234

35,214

36,174

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

87,742

93,105

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The bank loans rank in priority to the Loans and Other Debts due to Members