REGISTERED NUMBER: OC318329 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CARPENTER KEEN LLP

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

14,008

25,211

Tangible assets

5

3,040

5,566

17,048

30,777

CURRENT ASSETS

Debtors

37,491

34,092

Cash at bank

34,992

52,973

72,483

87,065

CREDITORS

Amounts falling due within one year

35,032

32,760

NET CURRENT ASSETS

37,451

54,305

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

54,499

85,082

LOANS AND OTHER DEBTS DUE TO MEMBERS

40,491

59,871

MEMBERS' OTHER INTERESTS

Capital accounts

14,008

25,211

54,499

85,082

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

40,491

59,871

Members' other interests

14,008

25,211

Amounts due from members

-

(1,273

)

54,499

83,809

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 2 December 2025 and were signed by:

M F Keen - Designated member

S D Carpenter - Designated member

1.	STATUTORY INFORMATION

Carpenter Keen LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC318329

Registered office:

1 Church Terrace

Richmond

Surrey

TW10 6SE

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.

The financial statements have been prepared on a going concern basis.

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 arose in 2006 from the merger of two separate businesses to create this practice. It is amortised over its expected useful life of 20 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.

Motor vehicles

-

20% on reducing balance

Office equipment

-

25% 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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

224,063

AMORTISATION

At 1 April 2024

198,852

Amortisation for year

11,203

At 31 March 2025

210,055

NET BOOK VALUE

At 31 March 2025

14,008

At 31 March 2024

25,211

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

44,668

Additions

1,183

Disposals

(29,057

)

At 31 March 2025

16,794

DEPRECIATION

At 1 April 2024

39,102

Charge for year

2,168

Eliminated on disposal

(27,516

)

At 31 March 2025

13,754

NET BOOK VALUE

At 31 March 2025

3,040

At 31 March 2024

5,566