REGISTERED NUMBER: OC437956 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

BCO ACCOUNTANTS LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Dahero Limited

Highwood Invesco Limited

REGISTERED OFFICE:

19 Highwood

Driffield

East Yorkshire

YO25 5YX

REGISTERED NUMBER:

OC437956 (England and Wales)

FIXED ASSETS

Intangible assets

4

722,500

765,000

Tangible assets

5

5,537

7,259

728,037

772,259

CURRENT ASSETS

Debtors

6

443,427

383,097

Prepayments and accrued income

4,156

4,821

Cash in hand

147,896

97,223

595,479

485,141

CREDITORS

Amounts falling due within one year

7

(180,229

)

(127,688

)

NET CURRENT ASSETS

415,250

357,453

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,143,287

1,129,712

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

1,143,287

1,129,712

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

1,143,287

1,129,712

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 8 December 2025 and were signed by:

Highwood Invesco Limited - Designated member

1.	STATUTORY INFORMATION

Bco Accountants 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 the net invoiced sale of services, excluding Value Added Tax, adjusted for the movement in work in progress.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty 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 etc

-

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 18 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

850,000

AMORTISATION

At 1 April 2024

85,000

Charge for year

42,500

At 31 March 2025

127,500

NET BOOK VALUE

At 31 March 2025

722,500

At 31 March 2024

765,000

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2024

12,790

Additions

1,970

At 31 March 2025

14,760

DEPRECIATION

At 1 April 2024

5,531

Charge for year

3,692

At 31 March 2025

9,223

NET BOOK VALUE

At 31 March 2025

5,537

At 31 March 2024

7,259

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

212,452

173,585

Other debtors

230,975

209,512

443,427

383,097

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

12,337

13,265

Taxation and social security

85,663

84,680

Other creditors

82,229

29,743

180,229

127,688

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

22,800

22,800

Between one and five years

91,200

91,200

In more than five years

85,500

108,300

199,500

222,300

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank after other creditors who are unsecured on a winding up.