REGISTERED NUMBER: OC308036 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

RUXTON INDEPENDENT ESTATE

AGENTS & VALUERS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

N K Sharma

Mrs T C Sharma

REGISTERED OFFICE:

6 The Square

Solihull

West Midlands

B91 3RB

REGISTERED NUMBER:

OC308036 (England and Wales)

ACCOUNTANTS:

Paul Lewis & Associates

1 Templeton Close

Dorridge

Solihull

West Midlands

B93 8LS

FIXED ASSETS

Tangible assets

4

27,530

32,762

CURRENT ASSETS

Debtors

5

121,941

118,779

Cash at bank

957

855

122,898

119,634

CREDITORS

Amounts falling due within one year

6

95,926

100,861

NET CURRENT ASSETS

26,972

18,773

TOTAL ASSETS LESS CURRENT LIABILITIES

54,502

51,535

CREDITORS

Amounts falling due after more than one year

7

43,774

44,535

NET ASSETS ATTRIBUTABLE TO MEMBERS

10,728

7,000

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

10,728

7,000

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

10,728

7,000

Amounts due from members

5

(106,885

)

(110,987

)

(96,157

)

(103,987

)

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 23 June 2025 and were signed by:

N K Sharma - Designated member

1.	STATUTORY INFORMATION

RUXTON INDEPENDENT ESTATE AGENTS & VALUERS 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 etc

-

20% on reducing balance

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

127,440

DEPRECIATION

At 1 April 2024

94,678

Charge for year

5,232

At 31 March 2025

99,910

NET BOOK VALUE

At 31 March 2025

27,530

At 31 March 2024

32,762

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

7,099

679

Other debtors

114,842

118,100

121,941

118,779

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

69,297

70,548

Trade creditors

5,535

10,239

Taxation and social security

21,094

20,074

95,926

100,861

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

31,142

34,129

Hire purchase contracts

2,916

4,316

Other creditors

9,716

6,090

43,774

44,535

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

31,142

34,129

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Lloyds Bank has a first legal charge over the assets of the business in respect of its overdraft facility