REGISTERED NUMBER: OC319497 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Alan Baxter Partnership LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

I R Richards

A Long

S Rayner

REGISTERED OFFICE:

The Clock Building

Pympes Court, Busbridge Road

Loose

Maidstone

Kent

ME15 0HZ

REGISTERED NUMBER:

OC319497 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Bank Chambers

61 High Street

Cranbrook

Kent

TN17 3EG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

7,435

7,017

7,435

7,017

CURRENT ASSETS

Debtors

6

312,353

341,287

Cash at bank and in hand

81

338

312,434

341,625

CREDITORS

Amounts falling due within one year

7

227,706

254,062

NET CURRENT ASSETS

84,728

87,563

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

92,163

94,580

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

92,163

94,580

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

92,163

94,580

Amounts due from members

6

(26,509

)

(80,632

)

65,654

13,948

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 28 November 2025 and were signed by:

I R Richards - Designated member

A Long - Designated member

1.	STATUTORY INFORMATION

Alan Baxter Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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, 25% on cost and 10% on cost

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 23 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

85,504

AMORTISATION

At 1 April 2024

and 31 March 2025

85,504

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

46,389

Additions

4,880

Disposals

(4,797

)

At 31 March 2025

46,472

DEPRECIATION

At 1 April 2024

39,372

Charge for year

4,462

Eliminated on disposal

(4,797

)

At 31 March 2025

39,037

NET BOOK VALUE

At 31 March 2025

7,435

At 31 March 2024

7,017

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

206,213

194,162

Other debtors

106,140

147,125

312,353

341,287

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

67,361

58,117

Trade creditors

14,442

27,640

Taxation and social security

126,840

135,143

Other creditors

19,063

33,162

227,706

254,062

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

The interests of the members rank after other creditors on a winding up. There are no formal restrictions or limitations on the ability of the members to reduce the amount of Members' other interests.

9.	OTHER FINANCIAL COMMITMENTS

The LLP has outstanding liabilities on property leases of £48,150 at the year end (2024: £79,800).

10.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by its members.