REGISTERED NUMBER: OC383744 (England and Wales)

Report of the Members and

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Camelot Insight LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Abridged Balance Sheet

4

Reconciliation of Members' Interests

5

Notes to the Financial Statements

7

DESIGNATED MEMBERS:

R W Thompson

Mrs D Thompson

REGISTERED OFFICE:

St Johns House

16 Church Street

Bromsgrove

Worcestershire

B61 8DN

REGISTERED NUMBER:

OC383744 (England and Wales)

ACCOUNTANTS:

Ground Control Business Management

St Johns House

16 Church Street

Bromsgrove

Worcestershire

B61 8DN

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of consultancy.

DESIGNATED MEMBERS

The designated members during the year under review were:

R W Thompson

Mrs D Thompson

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £14,672 (2024 - £2,746 loss).

MEMBERS' INTERESTS

The members' drawing policy allows each member to draw a proportion of their profit share, subject to the cash requirements of the business.

A member's capital requirement is linked to their share of profit and the financing requirement of the limited liability partnership. There is no opportunity for appreciation of the capital subscribed. Just as incoming members introduce their capital at "par", so the retiring members are repaid their capital at "par".

ON BEHALF OF THE MEMBERS:

R W Thompson - Designated member

29 November 2025

TURNOVER

99,435

87,445

Administrative expenses

84,763

90,191

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

14,672

(2,746

)

FIXED ASSETS

Tangible assets

4

57,485

104,938

CURRENT ASSETS

Debtors

18,392

33,180

Cash at bank

19,693

11,342

38,085

44,522

CREDITORS

Amounts falling due within one year

42,489

34,384

NET CURRENT (LIABILITIES)/ASSETS

(4,404

)

10,138

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

53,081

115,076

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

53,081

115,076

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

53,081

115,076

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 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 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.

The financial statements were approved by the members of the LLP and authorised for issue on 29 November 2025 and were signed by:

R W Thompson - Designated member

EQUITY

DEBT

TOTAL

Members'

Loans and other debts due to

MEMBERS'

other

members less any amounts due

INTERESTS

interests

from members in debtors

Other

Other

reserves

amounts

Total

£

£

£

Amount due to members

115,076

Amount due from members

-

Balance at 1 April 2024

-

115,076

115,076

Profit for the financial year available for discretionary division among members

14,672

-

14,672

Members' interests after profit for the year

14,672

115,076

129,748

Other divisions of profit

(14,672

)

14,672

-

Introduced by members

-

20,944

20,944

Drawings on account and distributions of profit

-

(97,611

)

(97,611

)

Amount due to members

53,081

Amount due from members

-

Balance at 31 March 2025

-

53,081

53,081

EQUITY

DEBT

TOTAL

Members'

Loans and other debts due to

MEMBERS'

other

members less any amounts due

INTERESTS

interests

from members in debtors

Other

Other

reserves

amounts

Total

£

£

£

Amount due to members

135,574

Amount due from members

-

Balance at 1 April 2023

-

135,574

135,574

Loss for the financial year available for discretionary division among members

(2,746

)

-

(2,746

)

Members' interests after loss for the year

(2,746

)

135,574

132,828

Other divisions of loss

2,746

(2,746

)

-

Introduced by members

-

79,381

79,381

Drawings on account and distributions of profit

-

(97,133

)

(97,133

)

Amount due to members

115,076

Amount due from members

-

Balance at 31 March 2024

-

115,076

115,076

1.	STATUTORY INFORMATION

Camelot Insight 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 represents net invoiced services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimate useful life.

Plant and machinery etc - 33% on cost

Motor vehicles - 20% on cost & 25% reducing balance

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

156,926

Additions

1,353

Disposals

(68,224

)

At 31 March 2025

90,055

DEPRECIATION

At 1 April 2024

51,988

Charge for year

22,653

Eliminated on disposal

(42,071

)

At 31 March 2025

32,570

NET BOOK VALUE

At 31 March 2025

57,485

At 31 March 2024

104,938

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

Amounts owed to members

53,081

115,076

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.