3 0 false false false false false false false false false false false false false true false true true 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP OC358621 2024-04-01 2025-03-31 OC358621 2025-03-31 OC358621 2024-03-31 OC358621 2023-08-01 2024-03-31 OC358621 2024-03-31 OC358621 2023-07-31 OC358621 bus:RegisteredOffice 2024-04-01 2025-03-31 OC358621 bus:Director1 2024-04-01 2025-03-31 OC358621 bus:Director2 2024-04-01 2025-03-31 OC358621 core:WithinOneYear 2025-03-31 OC358621 core:WithinOneYear 2024-03-31 OC358621 core:AfterOneYear 2025-03-31 OC358621 core:AfterOneYear 2024-03-31 OC358621 bus:SmallEntities 2024-04-01 2025-03-31 OC358621 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 OC358621 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC358621 bus:AbridgedAccounts 2024-04-01 2025-03-31
REGISTERED NUMBER: OC358621

The Marchbank Hotel LLP

Unaudited Abridged Financial Statements

31 March 2025

The Marchbank Hotel LLP

Abridged Financial Statements

Year ended 31 March 2025

Contents | Page

Members' report | 1

Statement of comprehensive income | 2

Abridged statement of financial position | 3

Notes to the abridged financial statements | 5

The Marchbank Hotel LLP

Members' Report

Year ended 31 March 2025
The members present their report and the unaudited abridged financial statements of the LLP for the year ended 31 March 2025 .
Principal activities
The principal activity of the company during the year was hoteliers.
Designated members
The designated members who served the LLP during the year were as follows:

Mrs C L Moore |
Mr R K Moore |

Policy regarding members' drawings and the subscription and repayment of amounts subscribed or otherwise contributed by members
Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.
New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amounts of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members.
This report was approved by the members on 22 September 2025 and signed on behalf of the members by:

Mr R K Moore
Designated Member

Registered office:
Scots Dyke
Longtown
Cumbria
CA6 5XP

The Marchbank Hotel LLP

Statement of Comprehensive Income

Year ended 31 March 2025

|  | Period from
| Year to | 1 Aug 23 to
| 31 Mar 25 | 31 Mar 24
Note | £ | £
Turnover | 205,641 | 115,016

Cost of sales | 65,738 | 42,035
| --------- | ---------
Gross profit | 139,903 | 72,981

Administrative expenses | 82,159 | 69,863
|  | --------- | --------
Operating profit | 5 | 57,744 | 3,118

Other interest receivable and similar income | – | 395
Interest payable and similar expenses | 672 | 881
| --------- | --------
Profit for the financial year before members' remuneration and profit shares available for discretionary division among members | 57,072 | 2,632
| --------- | --------

All the activities of the LLP are from continuing operations.

The Marchbank Hotel LLP

Abridged Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 7 | 152,511 | 158,084

Current assets

Stocks | 2,286 | 2,232
Debtors | 333 | 965
Cash at bank and in hand | 14,122 | 25,113
| -------- | --------
| 16,741 | 28,310

Creditors: amounts falling due within one year | 6,821 | 4,568
| -------- | --------
Net current assets | 9,920 | 23,742
| --------- | ---------
Total assets less current liabilities | 162,431 | 181,826

Creditors: amounts falling due after more than one year | 44,477 | 49,292
| --------- | ---------
Net assets | 117,954 | 132,534
| --------- | ---------

Represented by:
Loans and other debts due to members

Other amounts | 8 | 117,854 | 132,434

Members' other interests

Members' capital classified as equity | 100 | 100
Other reserves | – | –
| --------- | ---------
| 117,954 | 132,534
| --------- | ---------

Total members' interests

Loans and other debts due to members | 8 | 117,854 | 132,434
Members' other interests | 100 | 100
| --------- | ---------
| 117,954 | 132,534
| --------- | ---------

These abridged financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year 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) relating to small LLPs.
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 abridged financial statements .

The Marchbank Hotel LLP

Abridged Statement of Financial Position (continued)

31 March 2025
All of the members have consented to the preparation of the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to limited liability partnerships by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.
These abridged financial statements were approved by the members and authorised for issue on 22 September 2025 , and are signed on their behalf by:

Mr R K Moore
Designated Member

Registered number: OC358621

The Marchbank Hotel LLP

Notes to the Abridged Financial Statements

Year ended 31 March 2025

1. | General information

The LLP is registered in England and Wales. The address of the registered office is Scots Dyke, Longtown, Cumbria, CA6 5XP.

2. | Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3. | Accounting policies

Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Members' participation rights
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).
Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships'. A member's participation right results in a liability unless the right to any payment is discretionary on the part of the LLP.
Amounts subscribed or otherwise contributed by members, for example members' capital, are classed as equity if the LLP has an unconditional right to refuse payment to members. If the LLP does not have such an unconditional right, such amounts are classified as liabilities.
Where profits are automatically divided as they arise, so the LLP does not have an unconditional right to refuse payment, the amounts arising that are due to members are in the nature of liabilities. They are therefore treated as an expense in the statement of comprehensive income in the relevant year. To the extent that they remain unpaid at the year end, they are shown as liabilities in the abridged statement of financial position.
Conversely, where profits are divided only after a decision by the LLP or its representative, so that the LLP has an unconditional right to refuse payment, such profits are classed as an appropriation of equity rather than as an expense. They are therefore shown as a residual amount available for discretionary division among members in the statement of comprehensive income and are equity appropriations in the abridged statement of financial position.
Other amounts applied to members, for example remuneration paid under an employment contract and interest on capital balances, are treated in the same way as all other divisions of profits, as described above, according to whether the LLP has, in each case, an unconditional right to refuse payment.
All amounts due to members that are classified as liabilities are presented in the abridged statement of financial position within 'Loans and other debts due to members' and are charged to the statement of comprehensive income within 'Members' remuneration charged as an expense'. Amounts due to members that are classified as equity are shown in the abridged statement of financial position within 'Members' other interests'.

4. | Employee numbers

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to 3 (2024: 3 ).

5. | Operating profit

Operating profit or loss is stated after charging:

|  | Period from
| Year to | 1 Aug 23 to
| 31 Mar 25 | 31 Mar 24
| £ | £
Depreciation of tangible assets | 8,488 | 8,750
| ------- | -------

6. | Intangible assets

| £
Cost |
At 1 April 2024 and 31 March 2025 | 42,859
| --------
Amortisation |
At 1 April 2024 and 31 March 2025 | 42,859
| --------
Carrying amount |
At 31 March 2025 | –
| --------
At 31 March 2024 | –
| --------

7. | Tangible assets

| £
Cost |
At 1 April 2024 | 256,988
Additions | 2,915
| ---------
At 31 March 2025 | 259,903
| ---------
Depreciation |
At 1 April 2024 | 98,904
Charge for the year | 8,488
| ---------
At 31 March 2025 | 107,392
| ---------
Carrying amount |
At 31 March 2025 | 152,511
| ---------
At 31 March 2024 | 158,084
| ---------

8. | Loans and other debts due to members

| 2025 | 2024
| £ | £
Loans from members | 20,000 | 20,000
Amounts owed to members in respect of profits | 97,854 | 112,434
| --------- | ---------
| 117,854 | 132,434
| --------- | ---------