REGISTERED NUMBER: OC352098 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

DONALDSON WEST LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mrs V Ellis

Mr R Willis

REGISTERED OFFICE:

The Lodge

Eridge Road

Crowborough

East Sussex

TN6 2SL

REGISTERED NUMBER:

OC352098 (England and Wales)

ACCOUNTANTS:

Balanced Accounting LLP

Unit K, The Brewery

Bells Yew Green

Tunbridge Wells

Kent

TN3 9BD

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,192

10,923

8,192

10,923

CURRENT ASSETS

Debtors

6

89,697

101,948

Cash at bank and in hand

81,022

148,368

170,719

250,316

CREDITORS

Amounts falling due within one year

7

35,373

81,119

NET CURRENT ASSETS

135,346

169,197

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

143,538

180,120

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

63,538

100,120

MEMBERS' OTHER INTERESTS

Capital accounts

80,000

80,000

143,538

180,120

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

63,538

100,120

Members' other interests

80,000

80,000

143,538

180,120

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 7 October 2025 and were signed by:

Mrs V Ellis - Designated member

Mr R Willis - Designated member

1.	STATUTORY INFORMATION

Donaldson West 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 represents amounts chargeable for professional services provided during the period, excluding value added tax. Turnover is recognised when a right to consideration has been obtained through performance under each matter. Consideration accrues as matter activity progresses by reference to the value of the work performed.

Unbilled revenue is included in debtors as 'Amounts recoverable on services'.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2001, 2002 and 2006, is being amortised evenly over its estimated useful life of 20 years, 20 years and 10 years respectively. The deemed useful life has been reviewed and the members do not consider that there is any reason to alter the amortisation term under FRS 102.

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

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.

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 9 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

94,568

AMORTISATION

At 1 April 2024

and 31 March 2025

94,568

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

40,564

DEPRECIATION

At 1 April 2024

29,641

Charge for year

2,731

At 31 March 2025

32,372

NET BOOK VALUE

At 31 March 2025

8,192

At 31 March 2024

10,923

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

26,700

46,990

Amounts recoverable on services

56,000

48,000

Other debtors

6,997

6,958

89,697

101,948

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

1,743

1,989

Taxation and social security

18,160

62,650

Other creditors

15,470

16,480

35,373

81,119

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/25

31/3/24

£

£

Within one year

37,000

37,000

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank 'pari passu' with other unsecured creditors.

10.	ULTIMATE CONTROLLING PARTY

The company is under the control of the members, who each hold an equal share in the partnership.