2024-04-01 OC413708 2025-03-31 OC413708 2024-04-01 2025-03-31 OC413708 2024-03-31 OC413708 2023-10-01 2024-03-31 OC413708 uk-core:WithinOneYear 2024-03-31 OC413708 uk-core:WithinOneYear 2025-03-31 OC413708 uk-bus:PartnerLLP1 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure OC413708 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC413708 uk-bus:FRS102 2024-04-01 2025-03-31 OC413708 uk-bus:FilletedAccounts 2024-04-01 2025-03-31 OC413708 uk-bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31
Customs and Classics LLP
Registered Number:OC413708
For the year ended 31 March 2025
England and Wales
Report of the Members and Unaudited Financial Statements
2
For the year ended 31 March 2025
Customs and Classics LLP
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
OC413708
Registered Number :
As at 31 March 2025
Customs and Classics LLP
Statement of Financial Position
2024
£
£
2025
Notes
Fixed assets
Property, plant and equipment
2,118
3,058
3
2,118
3,058
Current assets
Inventories
9,250
14,010
2,814
3,989
Cash and cash equivalents
16,824
13,239
Trade and other payables: amounts falling due within one
year
(2,117)
(2,266)
4
11,122
14,558
Net current assets
Total assets less current liabilities
16,676
14,180
16,676
Net assets attributable to members
14,180
Represented by:
Loans and other debts due to members
14,775
17,203
5
Members' other interests
Other reserves
1,901
(3,023)
1,901
(3,023)
16,676
14,180
Total members' interests
Loans and other debts due to members
14,775
17,203
5
Members' other interests
1,901
(3,023)
16,676
14,180
For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs.
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 affair of the LLP as at the end of each
financial year and of its profit or loss for each 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
Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the
financial statements, so far as applicable to the LLP
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime.
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4
OC413708
Registered Number :
For the year ended 31 March 2025
Customs and Classics LLP
Statement of Financial Position Continued
Mr J RowlandDesignated Member
These financial statements were approved by the members on 07 October 2025 and signed on their behalf by:
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5
For the year ended 31 March 2025
Customs and Classics LLP
Notes to the Financial Statements
1. Accounting policies
Statutory Information
Customs and Classics LLP is a limited liability partnership, domiciled in England and Wales, registration number
OC413708.
Registered address:
Units 2 & 3 Sutton Industrial Park
Sea Road, Winchelsea Beach
Winchelsea
East Sussex
TN36 4LZ
The presentation currency is £ sterling.
Basis of preparation
The report and financial statements for the year ended 31 March 2025 have been prepared under the historical cost
convention and in accordance with the Section 1A of Financial Reporting Standard 102 ''The Financial Reporting
Standard applicable in the UK and Republic of Ireland'' and the Statement of Recommended Practice "Accounting
by Limited Liability Partnerships".
2. Interest payable and similar charges
2025
2024
£
£
Interest payable on bank borrowing
225
112
3. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
At 01 April 2024
15,443
Disposals
(2,000)
At 31 March 2025
13,443
Provision for depreciation and impairment
At 01 April 2024
12,385
Charge for year
706
(1,766)
On disposal
At 31 March 2025
11,325
At 31 March 2025
Net book value
2,118
At 31 March 2024
3,058
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6
For the year ended 31 March 2025
Customs and Classics LLP
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Trade creditors
1,440
1,133
Obligations under finance leases
76
984
Other creditors
750
-
2,266
2,117
5. Loans and other debts due to members
2024
2025
£
£
Amounts due to members in respect of profits
14,775
17,203
14,775
17,203
6. Average number of persons employed
During the year the average number of employees was 0
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