REGISTERED NUMBER: OC377056 (England and Wales)

Financial Statements for the Year Ended 31 July 2025

for

Fabrikk LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A Pearson

Mrs J Pearson

Miss K Pearson

REGISTERED OFFICE:

7 Park Lane

Roundhay

Leeds

LS8 2EX

REGISTERED NUMBER:

OC377056 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

31,806

40,122

31,806

40,122

CURRENT ASSETS

Stocks

56,340

42,340

Debtors

6

127,827

127,686

Cash at bank

5,183

11,895

189,350

181,921

CREDITORS

Amounts falling due within one year

7

9,398

16,737

NET CURRENT ASSETS

179,952

165,184

TOTAL ASSETS LESS CURRENT LIABILITIES

211,758

205,306

CREDITORS

Amounts falling due after more than one year

8

33,128

37,349

NET ASSETS ATTRIBUTABLE TO MEMBERS

178,630

167,957

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

178,630

167,957

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

178,630

167,957

Amounts due from members

6

(126,694

)

(126,694

)

51,936

41,263

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 July 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 12 November 2025 and were signed by:

Miss K Pearson - Designated member

1.	STATUTORY INFORMATION

Fabrikk 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 provision 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 comprises the value of sales (excluding VAT, similar taxes and trade discounts) of goods and services provided in the normal course of business. Wholesale sales are recognised when the goods are dispensed.

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

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

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 August 2024

and 31 July 2025

4,449

AMORTISATION

At 1 August 2024

and 31 July 2025

4,449

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

15,056

42,843

1,838

59,737

DEPRECIATION

At 1 August 2024

9,208

8,569

1,838

19,615

Charge for year

1,462

6,854

-

8,316

At 31 July 2025

10,670

15,423

1,838

27,931

NET BOOK VALUE

At 31 July 2025

4,386

27,420

-

31,806

At 31 July 2024

5,848

34,274

-

40,122

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

127,827

127,686

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

-

60

Hire purchase contracts

4,221

4,020

Trade creditors

-

1,200

Taxation and social security

1,220

7,806

Other creditors

3,957

3,651

9,398

16,737

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Hire purchase contracts

33,128

37,349

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, other unsecured creditors would be paid first before any repayment of members' accounts.