REGISTERED NUMBER: OC353789 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WEBSTER HART LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J C Webster Limited

C J Hart Limited

P J Hopkinson Limited

Tindale-Paul Limited

S R Tweed Limited

George Chilton Limited

Beornheard Ltd

North Star Creatives Limited

G Newton Limited

Fortitude Consultancy Limited

REGISTERED OFFICE:

C/O Webster Hart

Brigade House

2A Heathman's Road

London

SW6 4TJ

REGISTERED NUMBER:

OC353789 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way,

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Tangible assets

4

48,204

66,120

Investments

5

43,193

43,193

91,397

109,313

CURRENT ASSETS

Debtors

6

782,123

778,007

Cash at bank

1,730,356

1,134,664

2,512,479

1,912,671

CREDITORS

Amounts falling due within one year

7

1,536,877

803,823

NET CURRENT ASSETS

975,602

1,108,848

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,066,999

1,218,161

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,066,999

1,218,161

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,066,999

1,218,161

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 17 October 2025 and were signed by:

Tindale-Paul Limited - Designated member

1.	STATUTORY INFORMATION

Webster Hart 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

In accordance with FRS 102, revenue represents amounts chargeable to clients for professional services provided during the year, net of any sales tax. Services to clients, which at the balance sheet date have not been billed, have been recognised as revenue. Revenue is recognised by reference to the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the partnership.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold

-

20% on cost

Improvements to property

-

20% on cost

Office equipment

-

at varying rates on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at fair value.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

Accrued income

For work where a right to consideration existed at the balance sheet date, unbilled time is valued at realisable value estimated as at that date. Any amounts billed prior to the appropriate recognition revenue are treated as deferred income and shown under creditors. Accrued income is shown in the balance sheet under debtors.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Office

leasehold

property

equipment

Totals

£

£

£

£

COST

At 1 April 2024

22,879

71,482

114,283

208,644

Additions

-

-

19,742

19,742

At 31 March 2025

22,879

71,482

134,025

228,386

DEPRECIATION

At 1 April 2024

15,730

45,315

81,479

142,524

Charge for year

5,719

17,870

14,069

37,658

At 31 March 2025

21,449

63,185

95,548

180,182

NET BOOK VALUE

At 31 March 2025

1,430

8,297

38,477

48,204

At 31 March 2024

7,149

26,167

32,804

66,120

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

43,193

NET BOOK VALUE

At 31 March 2025

43,193

At 31 March 2024

43,193

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

590,738

497,603

Amounts owed by group undertakings

3,806

93,097

Other debtors

38,404

38,060

Prepayments and accrued income

149,175

149,247

782,123

778,007

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

141,388

119,471

Amounts owed to group undertakings

31,068

-

Social security and other taxes

103,019

77,931

VAT

154,590

131,749

Other creditors

1,037,675

405,992

Accruals and deferred income

69,137

68,680

1,536,877

803,823

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The capital (whether classified as a liability or equity) of an LLP may be reduced by agreement of the members either by repayment or by the conversion of equity capital into liability capital or other debt. In the absence of agreement to the contrary, unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.