ROBINSON WHOLESALE LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC320199

ROBINSON WHOLESALE LLP

Filleted Unaudited Financial Statements

31 March 2025

ROBINSON WHOLESALE LLP

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

ROBINSON WHOLESALE LLP

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Intangible assets	5	1,883	4,483
Tangible assets	6	908,824	809,522
		---------	---------
		910,707	814,005

Current assets

Stocks		628,348	478,165
Debtors	7	471,189	425,402
Cash at bank and in hand		10,526	81,638
		------------	---------
		1,110,063	985,205

Creditors: amounts falling due within one year	8	1,392,962		1,065,942
		------------		------------
Net current liabilities			282,899		80,737
			---------		---------
Total assets less current liabilities			627,808		733,268

Creditors: amounts falling due after more than one year	9	417,234	548,217
		---------	---------
Net assets		210,574	185,051
		---------	---------

Represented by:

Loans and other debts due to members

Other amounts	10	210,574	185,051
		---------	---------

Members' other interests

Other reserves	–	–
	---------	---------
	210,574	185,051
	---------	---------

Total members' interests

Loans and other debts due to members	10	210,574	185,051
Members' other interests		–	–
		---------	---------
		210,574	185,051
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006 (as applied to LLPs), the statement of comprehensive income has not been delivered.

ROBINSON WHOLESALE LLP

Statement of Financial Position (continued)

31 March 2025

For the year ending 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 complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the members and authorised for issue on 28 November 2025 , and are signed on their behalf by:

D E Robinson	J E Robinson
Designated Member	Designated Member

Registered number: OC320199

ROBINSON WHOLESALE LLP

Notes to the Financial Statements

Year ended 31 March 2025

1.	General information

The LLP is registered in England and Wales. The address of the registered office is Alex House, 260/8 Chapel Street, Salford, Manchester, M3 5JZ, England.

2.	Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP 2021).

3.	Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Members' participation rights

Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed, remuneration and profits).

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Straight line over 5 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Property Improvements	-	15% reducing balance
Plant and Machinery	-	15% reducing balance
Fixtures and Fittings	-	15% reducing balance
Commercial Vehicles	-	15% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost or net realisable value.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4.	Employee numbers

The average number of persons employed by the LLP during the year, including the members with contracts of employment, amounted to 35 (2024: 33 ).

5.	Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	13,000
	--------
Amortisation
At 1 April 2024	8,517
Charge for the year	2,600
	--------
At 31 March 2025	11,117
	--------
Carrying amount
At 31 March 2025	1,883
	--------
At 31 March 2024	4,483
	--------

6.	Tangible assets

	Property improvements	Plant and machinery	Fixtures and fittings	Commercial vehicles	Total
	£	£	£	£	£
Cost
At 1 April 2024	394,497	386,020	181,267	503,640	1,465,424
Additions	30,880	136,012	–	87,735	254,627
Disposals	–	–	–	( 53,030)	( 53,030)
	---------	---------	---------	---------	------------
At 31 March 2025	425,377	522,032	181,267	538,345	1,667,021
	---------	---------	---------	---------	------------
Depreciation
At 1 April 2024	183,343	183,199	115,916	173,444	655,902
Charge for the year	34,268	40,755	9,803	54,601	139,427
Disposals	–	–	–	( 37,132)	( 37,132)
	---------	---------	---------	---------	------------
At 31 March 2025	217,611	223,954	125,719	190,913	758,197
	---------	---------	---------	---------	------------
Carrying amount
At 31 March 2025	207,766	298,078	55,548	347,432	908,824
	---------	---------	---------	---------	------------
At 31 March 2024	211,154	202,821	65,351	330,196	809,522
	---------	---------	---------	---------	------------

7.	Debtors

	2025	2024
	£	£
Trade debtors	425,356	413,228
Other debtors	45,833	12,174
	---------	---------
	471,189	425,402
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	55,694	47,636
Trade creditors	760,451	661,696
Social security and other taxes	64,488	33,709
Other creditors	512,329	322,901
	------------	------------
	1,392,962	1,065,942
	------------	------------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	301,578	363,601
Other creditors	115,656	184,616
	---------	---------
	417,234	548,217
	---------	---------

10.	Loans and other debts due to members

	2025	2024
	£	£
Amounts owed to members in respect of profits	210,574	185,051
	---------	---------

11.	Related party transactions

In the opinion of the members there is no controlling party as defined by financial reporting Standard No 8 "Related party disclosures".