The Admiral Rodney LLP OC407236 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Pub / Restaurant Digita Accounts Production Advanced 6.30.9574.0 OC407236 2024-04-01 2025-03-31 OC407236 2025-03-31 OC407236 core:OtherReservesSubtotal 2025-03-31 OC407236 core:CurrentFinancialInstruments 2025-03-31 OC407236 core:Non-currentFinancialInstruments 2025-03-31 OC407236 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 OC407236 core:WithinOneYear 2025-03-31 OC407236 core:FurnitureFittings 2025-03-31 OC407236 core:MotorVehicles 2025-03-31 OC407236 core:OfficeEquipment 2025-03-31 OC407236 core:PlantMachinery 2025-03-31 OC407236 bus:SmallEntities 2024-04-01 2025-03-31 OC407236 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC407236 bus:FullAccounts 2024-04-01 2025-03-31 OC407236 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 OC407236 bus:PartnerLLP1 2024-04-01 2025-03-31 OC407236 bus:PartnerLLP2 2024-04-01 2025-03-31 OC407236 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC407236 core:FurnitureFittings 2024-04-01 2025-03-31 OC407236 core:MotorVehicles 2024-04-01 2025-03-31 OC407236 core:OfficeEquipment 2024-04-01 2025-03-31 OC407236 core:PlantMachinery 2024-04-01 2025-03-31 OC407236 countries:AllCountries 2024-04-01 2025-03-31 OC407236 2024-03-31 OC407236 core:FurnitureFittings 2024-03-31 OC407236 core:MotorVehicles 2024-03-31 OC407236 core:OfficeEquipment 2024-03-31 OC407236 core:PlantMachinery 2024-03-31 OC407236 2023-04-01 2024-03-31 OC407236 2024-03-31 OC407236 core:OtherReservesSubtotal 2024-03-31 OC407236 core:CurrentFinancialInstruments 2024-03-31 OC407236 core:Non-currentFinancialInstruments 2024-03-31 OC407236 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 OC407236 core:WithinOneYear 2024-03-31 OC407236 core:FurnitureFittings 2024-03-31 OC407236 core:MotorVehicles 2024-03-31 OC407236 core:OfficeEquipment 2024-03-31 OC407236 core:PlantMachinery 2024-03-31 iso4217:GBP xbrli:pure

Registration number: OC407236

The Admiral Rodney LLP
Unaudited Financial Statements
for the Year Ended 31 March 2025

The Admiral Rodney LLP

Contents

Financial Statements | 1 to 6
Balance Sheet | 1
Notes to the Financial Statements | 3

The Admiral Rodney LLP

(Registration number: OC407236)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 49,544 | 52,678
Current assets |  |  |
Stocks |  | 16,614 | 13,226
Debtors | 4 | 11,986 | 13,865
Cash and short-term deposits |  | 830 | -
|  | 29,430 | 27,091
Creditors: Amounts falling due within one year | 5 | (72,623) | (74,020)
Net current liabilities |  | (43,193) | (46,929)
Total assets less current liabilities |  | 6,351 | 5,749
Creditors: Amounts falling due after more than one year | 6 | (30,362) | (60,733)
Net liabilities attributable to members |  | (24,011) | (54,984)
Represented by: |  |  |
Loans and other debts due to members |  |  |
Members' capital classified as a liability |  | (165,794) | (303,830)
Members’ other interests |  |  |
Members' capital classified as equity |  | 58,130 | 198,500
Other reserves |  | 83,653 | 50,346
|  | 141,783 | 248,846
|  | (24,011) | (54,984)
Total members' interests |  |  |
Loans and other debts due to members |  | (165,794) | (303,830)
Equity |  | 141,783 | 248,846
|  | (24,011) | (54,984)

For the year ending 31 March 2025 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as applied to limited liability partnerships, relating to small entities.

These financial statements have been prepared in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The Admiral Rodney LLP

(Registration number: OC407236)
Balance Sheet as at 31 March 2025

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime, as applied to limited liability partnerships, and the option not to file the Members' Report and Profit and Loss Account has been taken.

The members acknowledge their responsibilities for complying with the requirements of the Act, as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 with respect to accounting records and the preparation of accounts.

The financial statements of The Admiral Rodney LLP (registered number OC407236) were approved by the Board and authorised for issue on 6 November 2025. They were signed on behalf of the limited liability partnership by:

......................................... Mr G Leigh-Ford Designated member
......................................... Mrs G Leigh-Ford Designated member

The Admiral Rodney LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

General information and basis of accounting

The limited liability partnership is incorporated in United Kingdom under the Limited Liability Partnership Act 2000. The address of the registered office is given on the limited liability partnership information page.
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The functional currency of The Admiral Rodney LLP is considered to be pounds sterling because that is the currency of the primary economic environment in which the limited liability partnership operates. Foreign operations are included in accordance with the policies set out below.

Revenue recognition

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

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.

The Admiral Rodney LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

Tangible fixed assets

Individual fixed assets costing £0.00 or more are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class | Depreciation method and rate
Fixture and Fittings | 25% on reducing balance
Plant and Machinery | 25% on reducing balance
Motor Vehicles | 20% on reducing balance
Office Equipment | 25% on reducing balance

Members' interests

Amounts due to members after more than one year comprise provisions for annuities to current members and certain loans from members which are not repayable within twelve months of the balance sheet date.

Pensions and other post retirement obligations

The partnership operates a defined contribution pension scheme. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

2 | Particulars of employees

The average number of persons employed by the limited liability partnership during the year was 11 (2024 - 11).

The Admiral Rodney LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

3 | Tangible fixed assets

| Plant and machinery £ | Fixtures and fittings £ | Motor vehicles £ | Office equipment £
Cost |  |  |  |
At 1 April 2024 | 4,500 | 38,187 | 56,740 | 3,095
Additions | 2,000 | 4,619 | 24,950 | 415
Disposals | - | - | (26,990) | -
At 31 March 2025 | 6,500 | 42,806 | 54,700 | 3,510
Depreciation |  |  |  |
At 1 April 2024 | 2,939 | 25,180 | 19,916 | 1,809
Charge for the year | 886 | 4,391 | 8,036 | 213
Eliminated on disposals | - | - | (5,398) | -
At 31 March 2025 | 3,825 | 29,571 | 22,554 | 2,022
Net book value |  |  |  |
At 31 March 2025 | 2,675 | 13,235 | 32,146 | 1,488
At 31 March 2024 | 1,561 | 13,007 | 36,824 | 1,286

| Total £
Cost |
At 1 April 2024 | 102,522
Additions | 31,984
Disposals | (26,990)
At 31 March 2025 | 107,516
Depreciation |
At 1 April 2024 | 49,844
Charge for the year | 13,526
Eliminated on disposals | (5,398)
At 31 March 2025 | 57,972
Net book value |
At 31 March 2025 | 49,544
At 31 March 2024 | 52,678

The Admiral Rodney LLP

Notes to the Financial Statements for the Year Ended 31 March 2025

4 | Debtors

| 2025 £ | 2024 £
Other debtors | 11,986 | 13,865
Total current trade and other debtors | 11,986 | 13,865

5 | Creditors: Amounts falling due within one year

| 2025 £ | 2024 £
Bank loans and overdrafts | 12,588 | 19,453
Trade creditors | 21,344 | 27,574
Other creditors | 24,463 | 15,096
Taxation and social security | 14,228 | 11,897
| 72,623 | 74,020

6 | Creditors: Amounts falling due after more than one year

| 2025 £ | 2024 £
Bank loans and overdrafts | 30,362 | 60,733