| Counterculture Partnership LLP |
| Registered Number:OC370322 |
For the year ended 31 March 2025
England and Wales
Report of the Members and Unaudited Financial Statements
Counterculture Partnership LLP
Statement of Financial Position
2024
2025
| Property, plant and equipment |
35,611
33,580
4
2,128
-
35,611
35,708
119,611
-
| Trade and other receivables |
1,023,465
789,946
5
516,837
320,197
| Cash and cash equivalents |
1,306,783
1,463,273
| Trade and other payables: amounts falling due within one |
| year |
(1,108,817)
(1,070,794)
6
354,456
235,989
Net current assets
| Total assets less current liabilities |
271,600
390,164
| Trade and other payables: amounts falling due after more |
| than one year |
(72,667)
(96,287)
7
175,313
Net assets attributable to members
317,497
| Loans and other debts due to members |
166,722
210,323
8
8,591
107,174
8,591
107,174
175,313
317,497
| Loans and other debts due to members |
166,722
210,323
8
8,591
107,174
175,313
317,497
| For the year ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small LLPs. |
| 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 affair of the LLP as at the end of each |
| financial year and of its profit or loss for each 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 |
| Liabilities Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to the |
| financial statements, so far as applicable to the LLP |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
For the year ended 31 March 2025
Counterculture Partnership LLP
Statement of Financial Position Continued
| The financial statements are prepared in accordance with the provisions applicable to LLP's subject to the small LLP's regime. |
| TN WilcoxDesignated Member |
These financial statements were approved by the members on 01 December 2025 and signed on their behalf by:
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For the year ended 31 March 2025
Counterculture Partnership LLP
Notes to the Financial Statements
Statutory Information
| Counterculture Partnership LLP is a limited liability partnership, domiciled in England and Wales, registration number |
| OC370322. |
Bank Chambers
Main Street
Hawes
North Yorkshire
DL8 3QL
| The presentation currency is £ sterling. |
Basis of preparation
| The report and financial statements for the year ended 31 March 2025 have been prepared under the historical cost |
| convention and in accordance with the Section 1A of Financial Reporting Standard 102 'The Financial Reporting |
| Standard applicable in the UK and Republic of Ireland' and the Statement of Recommended Practice "Accounting by |
| Limited Liability Partnerships". |
Turnover
| Turnover comprises the value of sales (excluding VAT and similar taxes and trade discounts) of goods and services in the normal course of business. |
Taxation
| Taxation on all the LLP's profits is solely the personal liability of individual members and is not dealt with in these |
| financial statements. |
Depreciation of tangible fixed assets
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
| 2. Interest payable and similar charges |
2025
2024
| Interest payable on bank borrowing |
5,785
2,596
| Other similar charges payable |
9,428
5,100
15,213
7,696
| 3. Information in relation to members |
2025
2024
| Non-discretionary division of profits |
1,705,187
2,015,471
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For the year ended 31 March 2025
Counterculture Partnership LLP
Notes to the Financial Statements Continued
| 4. Property, plant and equipment |
79,186
69,186
10,000
12,708
12,708
-
10,000
81,894
91,894
| Provision for depreciation and impairment |
45,606
39,606
6,000
Charge for year
10,677
8,677
2,000
56,283
48,283
8,000
2,000
33,611
35,611
4,000
29,580
33,580
| 5. Trade and other receivables |
2025
2024
665,292
696,860
| Prepayments & accrued income |
48,096
259,099
76,558
67,506
789,946
1,023,465
| 6. Trade and other payables: amounts falling due within one year |
2024
2025
45,208
157,926
319,656
261,811
| Taxation and social security |
339,336
185,486
366,594
503,594
1,070,794
1,108,817
| 7. Trade and other payables: amounts falling due after more than one year |
2025
2024
32,667
56,287
40,000
40,000
96,287
72,667
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For the year ended 31 March 2025
Counterculture Partnership LLP
Notes to the Financial Statements Continued
| 8. Loans and other debts due to members |
2024
2025
164,383
164,383
| Amounts due to members in respect of profits |
2,339
45,940
166,722
210,323
| 9. Average number of persons employed |
During the year the average number of employees was 0 (2024 : 14)
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