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COMPANY REGISTRATION NUMBER: 08465637

Number 8 Partners Limited

Unaudited Financial Statements

31 March 2025

Number 8 Partners Limited

Financial Statements

Year ended 31 March 2025

Contents | Page

Directors' report | 1

Statement of income and retained earnings | 2

Statement of financial position | 3

Notes to the financial statements | 5

The following pages do not form part of the financial statements

Chartered certified accountants report to the board of directors on the preparation of the unaudited statutory financial statements | 9

Number 8 Partners Limited

Directors' Report

Year ended 31 March 2025
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .
Directors
The directors who served the company during the year were as follows:

Mr R D E Dowling |
Mrs A Dowling |

Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 11 August 2025 and signed on behalf of the board by:

Mr R D E Dowling
Director

Registered office:
40 Kimbolton Road
Bedford
MK40 2NR

Number 8 Partners Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

| 2025 | 2024
Note | £ | £
Turnover | 19,001 | 196,001

| -------- | ---------
Gross profit | 19,001 | 196,001

Administrative expenses | 23,075 | 126,357
| -------- | ---------
Operating (loss)/profit | ( 4,074) | 69,644

Other interest receivable and similar income | 774 | 244
Interest payable and similar expenses | – | 45,040
|  | -------- | ---------
(Loss)/profit before taxation | 5 | ( 3,300) | 24,848

Tax on (loss)/profit | ( 785) | 18,273
| ------- | --------
(Loss)/profit for the financial year and total comprehensive income | ( 2,515) | 6,575
| ------- | --------

Dividends paid and payable | ( 31,500) | ( 145,800)

Retained earnings at the start of the year | 158,981 | 298,206
| --------- | ---------
Retained earnings at the end of the year | 124,966 | 158,981
| --------- | ---------

All the activities of the company are from continuing operations.

Number 8 Partners Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 6 | 2,714 | 3,391

Current assets

Debtors | 7 | 163,386 | 217,841
Cash at bank and in hand | 276 | 257
| --------- | ---------
| 163,662 | 218,098

Creditors: amounts falling due within one year | 8 | 40,794 | 61,764
| --------- | ---------
Net current assets | 122,868 | 156,334
| --------- | ---------
Total assets less current liabilities | 125,582 | 159,725

Provisions | 516 | 644
| --------- | ---------
Net assets | 125,066 | 159,081
| --------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 124,966 | 158,981
| --------- | ---------
Shareholders funds | 125,066 | 159,081
| --------- | ---------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' 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 company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Number 8 Partners Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 11 August 2025 , and are signed on behalf of the board by:

Mr R D E Dowling
Director

Company registration number: 08465637

Number 8 Partners Limited

Notes to the Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2NR.
2. Statement of compliance
These 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'.
3. Accounting policies
Basis of preparation
The 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 financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Equipment | - | 20% reducing balance

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Profit before taxation
Profit before taxation is stated after charging:

| 2025 | 2024
| £ | £
Depreciation of tangible assets | 677 | 847
| ---- | ----

6. Tangible assets

| Equipment
| £
Cost |
At 1 April 2024 and 31 March 2025 | 5,689
| -------
Depreciation |
At 1 April 2024 | 2,298
Charge for the year | 677
| -------
At 31 March 2025 | 2,975
| -------
Carrying amount |
At 31 March 2025 | 2,714
| -------
At 31 March 2024 | 3,391
| -------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 70,503 | 81,503
Other debtors | 92,883 | 136,338
| --------- | ---------
| 163,386 | 217,841
| --------- | ---------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 27,677 | 29,335
Corporation tax | – | 18,434
Social security and other taxes | 9,917 | 9,030
Other creditors | 3,200 | 4,965
| -------- | --------
| 40,794 | 61,764
| -------- | --------

9. Directors' advances, credits and guarantees
The directors were advanced £10,800 in the year (2024: £60,418). Interest was charged at HMRC's Official Rate of Interest and was unsecured and repayable on demand. The balance owed by the directors at 31st March 2025 was £5,658 (2024: £49,838).

Number 8 Partners Limited

Management Information

Year ended 31 March 2025
The following pages do not form part of the financial statements.

Number 8 Partners Limited

Chartered Certified Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Number 8 Partners Limited

Year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Number 8 Partners Limited for the year ended 31 March 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at: www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. This report is made solely to the Board of Directors of Number 8 Partners Limited, as a body, in accordance with the terms of our engagement letter dated 17 April 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Number 8 Partners Limited and state those matters that we have agreed to state you, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at: www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Number 8 Partners Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Number 8 Partners Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Number 8 Partners Limited. You consider that Number 8 Partners Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Number 8 Partners Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
COLLETT HULANCE Chartered Certified Accountants
40 Kimbolton Road Bedford MK40 2NR
11 August 2025