Koncept Castles LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC450314

		31 March 2025
	Notes	£	£
FIXED ASSETS
Intangible Assets	4		2,451
Tangible Assets	5		4,712

			7,163
CURRENT ASSETS
Debtors	6	9,262
Cash at bank and in hand		1,852

		11,114
Creditors: Amounts Falling Due Within One Year	7	(6,617 )

NET CURRENT ASSETS (LIABILITIES)			4,497

TOTAL ASSETS LESS CURRENT LIABILITIES			11,660

NET ASSETS ATTRIBUTABLE TO MEMBERS			11,660

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		11,660

			11,660

			11,660

TOTAL MEMBERS' INTEREST
Amounts due from members			(5,607)
Loans and other debts due to members within one year			11,660

			6,053

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Koncept Castles LLP

Balance Sheet (continued)

As At 31 March 2025

For the period ending 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Martin Ruff

Designated Member

14/10/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Koncept Castles LLP is a limited liability partnership, incorporated in England & Wales, registered number OC450314 . The Registered Office is Unit 11 Unit 11 Vision Business Park, Preston Place, Upper Calecote, Biggleswade, Bedfordshire, SG18 9GQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

Rendering of services

Turnover from the rendering of services is recognised by reference to the date of service completion of the contract.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 3 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	3 Years Straight Line
Motor Vehicles	3 Years Straight Line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: 2

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	-
Additions	4,526

As at 31 March 2025	4,526

Amortisation
As at 1 January 2024	-
Provided during the period	2,075

As at 31 March 2025	2,075

Net Book Value
As at 31 March 2025	2,451

As at 1 January 2024	-

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Koncept Castles LLP

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 31 March 2025

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2024	-	-	-
Additions	5,146	3,552	8,698

As at 31 March 2025	5,146	3,552	8,698

Depreciation
As at 1 January 2024	-	-	-
Provided during the period	2,358	1,628	3,986

As at 31 March 2025	2,358	1,628	3,986

Net Book Value
As at 31 March 2025	2,788	1,924	4,712

As at 1 January 2024	-	-	-

6. Debtors

	31 March 2025
	£
Due within one year
Trade debtors	3,655
Amounts due from members	5,607

	9,262

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025
	£
Deferred Income	4,275
Accruals	2,342

	6,617

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