REGISTERED NUMBER: OC342284 (England and Wales)

HARRISON WRIGHT (SUSSEX) LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

General Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DESIGNATED MEMBERS:

Mr J D Wright

Mrs C Wright

REGISTERED OFFICE:

The Estate Office

Rye Industrial Park

Harbour Road

Rye

East Sussex

TN31 7TE

REGISTERED NUMBER:

OC342284 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

FIXED ASSETS

Tangible assets

4

22,733

35,895

CURRENT ASSETS

Stocks

-

1,800

Debtors

5

6,030

17,293

6,030

19,093

CREDITORS

Amounts falling due within one year

6

13,715

14,985

NET CURRENT (LIABILITIES)/ASSETS

(7,685

)

4,108

TOTAL ASSETS LESS CURRENT LIABILITIES

15,048

40,003

CREDITORS

Amounts falling due after more than one year

7

15,048

40,003

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

5

(6,030

)

(6,530

)

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 26 October 2025 and were signed by:

Mr J D Wright - Designated member

Mrs C Wright - Designated member

1.	STATUTORY INFORMATION

Harrison Wright (Sussex) 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.

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

-

15% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

112,375

14,455

46,624

173,454

DEPRECIATION

At 1 April 2024

98,547

13,799

25,213

137,559

Charge for year

3,491

346

9,325

13,162

At 31 March 2025

102,038

14,145

34,538

150,721

NET BOOK VALUE

At 31 March 2025

10,337

310

12,086

22,733

At 31 March 2024

13,828

656

21,411

35,895

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

9,660

Other debtors

6,030

7,633

6,030

17,293

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,335

6,514

Hire purchase contracts

-

5,824

Trade creditors

1,789

401

Taxation and social security

2,921

-

Other creditors

1,670

2,246

13,715

14,985

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

15,048

18,520

Hire purchase contracts

-

21,483

15,048

40,003

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,159

4,631

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

27,307

Hire purchase liabilities are secured against the assets to which they relate.