REGISTERED NUMBER: OC446567 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ingleton Wall LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

Ms D A Kuhlmann

D Rowe

Saaig Outdoors Limited

REGISTERED OFFICE:

Ingleton Wall

Victoria Buildings

Coop Yard

Ingleton

LA6 3EH

REGISTERED NUMBER:

OC446567 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of the provision of climbing wall facilities.

DESIGNATED MEMBERS

The designated members during the year under review were:

Ms D A Kuhlmann

D Rowe

Saaig Outdoors Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £21,679 (2024 - £8,972 profit).

MEMBERS' INTERESTS

No Member may draw any sum on account of their share of profits unless the Designated Members unanimously agree otherwise, and then only such sums as the Designated Members determine.

If any Member withdraws funds in excess of their profit share for an accounting year, that Member shall repay the excess drawings to the LLP immediately.

ON BEHALF OF THE MEMBERS:

Ms D A Kuhlmann - Designated member

14 October 2025

TURNOVER

57,328

51,308

Cost of sales

17,835

24,358

GROSS PROFIT

39,493

26,950

Administrative expenses

17,814

17,978

OPERATING PROFIT and

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

21,679

8,972

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

21,679

8,972

Members' remuneration charged as an expense

4

(9,624

)

(8,337

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

12,055

635

CURRENT ASSETS

Debtors

5

1,652

804

Cash at bank and in hand

18,706

10,371

20,358

11,175

CREDITORS

Amounts falling due within one year

6

8,251

10,487

NET CURRENT ASSETS

12,107

688

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

12,107

688

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

12,107

688

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

12,107

688

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 14 October 2025 and were signed by:

Ms D A Kuhlmann - Designated member

Saaig Outdoors Limited - Designated member

1.	STATUTORY INFORMATION

Ingleton Wall 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INFORMATION IN RELATION TO MEMBERS

Period

27.3.23

Year Ended

to

31.3.25

31.3.24

£

£

Members' remuneration charged as an expense

Partners' salaries

9,624

8,337

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,652

663

Other debtors

-

141

1,652

804

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

5,851

3,979

Other creditors

2,400

6,508

8,251

10,487

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Loans from members

-

53

Amounts owed to members in respect of profits

12,107

635

12,107

688

Falling due within one year

12,107

688

8.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by its Members acting in concert.