REGISTERED NUMBER: NC000425 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Kennedy Fitzgerald Architects LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr M R Finlay

Mr G E K Major

Mr F T Harron

REGISTERED OFFICE:

Dill House Castlereagh Business Park

478 Castlereagh Road

Belfast

BT5 6BQ

REGISTERED NUMBER:

NC000425 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

FIXED ASSETS

Tangible assets

4

26,577

42,827

CURRENT ASSETS

Stocks

163,469

263,282

Debtors

5

605,573

496,454

Cash at bank

24,220

132,511

793,262

892,247

CREDITORS

Amounts falling due within one year

6

534,309

689,488

NET CURRENT ASSETS

258,953

202,759

TOTAL ASSETS LESS CURRENT LIABILITIES

285,530

245,586

CREDITORS

Amounts falling due after more than one year

7

2,017

11,603

NET ASSETS ATTRIBUTABLE TO MEMBERS

283,513

233,983

LOANS AND OTHER DEBTS DUE TO MEMBERS

283,213

233,683

MEMBERS' OTHER INTERESTS

Capital accounts

300

300

283,513

233,983

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

283,213

233,683

Members' other interests

300

300

283,513

233,983

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 6 November 2025 and were signed by:

Mr M R Finlay - Designated member

Mr F T Harron - Designated member

1.	STATUTORY INFORMATION

Kennedy Fitzgerald Architects LLP is registered in Northern Ireland. 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 etc

-

33% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 27 (2024 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

239,860

Additions

9,108

At 31 March 2025

248,968

DEPRECIATION

At 1 April 2024

197,033

Charge for year

25,358

At 31 March 2025

222,391

NET BOOK VALUE

At 31 March 2025

26,577

At 31 March 2024

42,827

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

544,388

461,677

Other debtors

61,185

34,777

605,573

496,454

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

57,238

15,627

Trade creditors

341,189

300,894

Taxation and social security

109,244

56,997

Other creditors

26,638

315,970

534,309

689,488

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

2,017

11,603