REGISTERED NUMBER: OC317056 (England and Wales)

REPORT OF THE MEMBERS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HAYNES AND BOONE CDG LLP

Page

General Information

1

Report of the Members

2

Report of the Independent Auditors

4

Statement of Comprehensive Income

7

Balance Sheet

8

Reconciliation of Members' Interests

9

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

14

DESIGNATED MEMBERS:

H W Cecil

G Kangisser

Haynes and Boone LLP

N L Davis

REGISTERED OFFICE:

Alder Castle

Noble Street

London

EC2V 7JX

REGISTERED NUMBER:

OC317056 (England and Wales)

AUDITORS:

RJP LLP

Chartered Certified Accountants &

Statutory Auditors

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

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 the provision of legal services for the energy, shipping, corporate and finance sectors.

DESIGNATED MEMBERS

The designated members during the year under review were:

H W Cecil

G Kangisser

Haynes and Boone LLP

N L Davis - appointed on 11 February 2025

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £2,656,322 (2024 - £5,160,378 profit).

MEMBERS' INTERESTS

Each individual partner shall receive a periodic withdrawal in an amount and at the frequency as determined by the Haynes and Boone (HB) London representative. No individual partner may withdraw an amount in excess of the approved draw amount unless approved by the HB London representative. Each such draw shall constitute an advance against such individual partner's remuneration for the fiscal year in which such draw occurs. Each such draw shall be net of any payments made by the firm on account of such individual partner's personal expenses, unless reimbursed to the firm by the individual partner.

Each individual partner shall make capital contributions to the LLP in such amounts, and at such times and subject to such conditions, as determined by the HB London representative.

STATEMENT OF MEMBERS' RESPONSIBILITIES

The members are responsible for preparing the Report of the Members and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under legislation applicable to limited liability partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the LLP and of the profit or loss of the LLP for that period. In preparing these financial statements, the members are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the LLP will continue in business.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the LLP's transactions and disclose with reasonable accuracy at any time the financial position of the LLP and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. They are also responsible for safeguarding the assets of the LLP and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the members are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the LLP's auditors are unaware, and each member has taken all the steps that he or she ought to have taken as a member in order to make himself or herself aware of any relevant audit information and to establish that the LLP's auditors are aware of that information.

ON BEHALF OF THE MEMBERS:

N L Davis - Designated member

9 December 2025

Opinion

We have audited the financial statements of Haynes and Boone CDG LLP (the 'LLP') for the year ended 31 March 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Reconciliation of Members' Interests, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the LLP's affairs as at 31 March 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance 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.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the LLP in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the members with respect to going concern are described in the relevant sections of this report.

Other information

The members are responsible for the other information. The other information comprises the information in the Report of the Members, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Companies Act 2006 as applied to LLPs requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of members

As explained more fully in the Statement of Members' Responsibilities set out on page two, the members are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the members determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the members are responsible for assessing the LLP's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the members either intend to liquidate the LLP or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

Based on our understanding and accumulated knowledge of the LLP and the sector in which it operates we considered the risk of acts by the LLP which were contrary to applicable laws and regulations, including fraud and whether such actions or non-compliance might have a material effect on the financial statements. These included but were not limited to those that relate to the form and content of the financial statements, such as the LLP accounting policies, UK accounting standards, the UK Companies Act 2006 and industry related regulations impacting solicitor operations including the SRA rules. All team members were briefed to ensure they were aware of any relevant regulations in relation to their work.

We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements, including the risk of override of controls, and determined that the principal risks were related to posting inappropriate journal entries, management bias in accounting estimates and improper revenue recognition associated with year-end cut-off. Our audit procedures included, but were not limited to:

-

Agreement of the financial statements to underlying supporting documentation;

-

Challenging assumptions and judgements made by management in their significant accounting estimates, in particular in relation to accrued income;

-

Revenue year-end cut-off procedures;

-

Identifying and testing journal entries;

-

Discussions with management, including consideration of known or suspected instances of non-compliance with laws and regulations and fraud; and

-

Obtaining an understanding of the control environment in monitoring compliance with laws and regulations.

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion.

There are inherent limitations in the audit procedures performed and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the LLP's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. Our audit work has been undertaken so that we might state to the LLP's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and the LLP's members as a body, for our audit work, for this report, or for the opinions we have formed.

Simon Paterson (Senior Statutory Auditor)

for and on behalf of RJP LLP

Chartered Certified Accountants &

Statutory Auditors

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

10 December 2025

TURNOVER

3

17,027,184

18,974,426

Cost of sales

7,051,348

8,328,231

GROSS PROFIT

9,975,836

10,646,195

Administrative expenses

7,408,546

5,529,295

OPERATING PROFIT

5

2,567,290

5,116,900

Interest receivable and similar income

89,032

43,478

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

2,656,322

5,160,378

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

2,656,322

5,160,378

Partners' remuneration charged

as an expense

6

(2,656,322

)

(5,160,378

)

PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

-

-

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

-

-

FIXED ASSETS

Tangible assets

7

111,031

124,681

CURRENT ASSETS

Debtors

8

10,944,221

7,272,542

Cash at bank

967,006

572,246

11,911,227

7,844,788

CREDITORS

Amounts falling due within one year

9

1,496,817

1,372,416

NET CURRENT ASSETS

10,414,410

6,472,372

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

10,525,441

6,597,053

LOANS AND OTHER DEBTS DUE TO MEMBERS

11

6,881,791

3,386,148

MEMBERS' OTHER INTERESTS

Capital accounts

3,643,650

3,210,905

10,525,441

6,597,053

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

11

6,881,791

3,386,148

Members' other interests

3,643,650

3,210,905

Amounts due from members

8

(4,295,188

)

(380,366

)

6,230,253

6,216,687

The financial statements were approved by the members of the LLP and authorised for issue on 9 December 2025 and were signed by:

N L Davis - Designated member

EQUITY

Members' other interests

Members'

capital

(classified

as

Other

equity)

reserves

Total

£

£

£

Balance at 1 April 2024

3,210,905

-

3,210,905

Members' remuneration charged as an expense, including employment and retirement benefit costs

-

-

-

Profit for the financial year available for discretionary division among members

-

-

-

Members' interests after profit for the year

3,210,905

-

3,210,905

Introduced by members

646,916

-

646,916

Repayments of capital

(214,171

)

-

(214,171

)

Drawings on account and distributions of profit

-

-

-

Balance at 31 March 2025

3,643,650

-

3,643,650

DEBT

TOTAL

Loans and other debts due to

MEMBERS'

members less any amounts due

INTERESTS

from members in debtors

Other

amounts

Total

£

£

Amount due to members

3,386,148

Amount due from members

(380,366

)

Balance at 1 April 2024

3,005,782

6,216,687

Members' remuneration charged as an expense, including employment and retirement benefit costs

2,656,322

2,656,322

Profit for the financial year available for discretionary division among members

-

-

Members' interests after profit for the year

5,662,104

8,873,009

Introduced by members

3,443,696

4,090,612

Repayments of capital

-

(214,171

)

Drawings on account and distributions of profit

(6,519,197

)

(6,519,197

)

Amount due to members

6,881,791

Amount due from members

(4,295,188

)

Balance at 31 March 2025

2,586,603

6,230,253

EQUITY

Members' other interests

Members'

capital

(classified

as

Other

equity)

reserves

Total

£

£

£

Balance at 1 April 2023

2,826,267

-

2,826,267

Members' remuneration charged as an expense, including employment and retirement benefit costs

-

-

-

Profit for the financial year available for discretionary division among members

-

-

-

Members' interests after profit for the year

2,826,267

-

2,826,267

Introduced by members

579,447

-

579,447

Repayments of capital

(194,809

)

-

(194,809

)

Drawings on account and distributions of profit

-

-

-

Balance at 31 March 2024

3,210,905

-

3,210,905

DEBT

TOTAL

Loans and other debts due to

MEMBERS'

members less any amounts due

INTERESTS

from members in debtors

Other

amounts

Total

£

£

Amount due to members

2,842,519

Amount due from members

(29,004

)

Balance at 1 April 2023

2,813,515

5,639,782

Members' remuneration charged as an expense, including employment and retirement benefit costs

5,160,378

5,160,378

Profit for the financial year available for discretionary division among members

-

-

Members' interests after profit for the year

7,973,893

10,800,160

Introduced by members

-

579,447

Repayments of capital

-

(194,809

)

Drawings on account and distributions of profit

(4,968,111

)

(4,968,111

)

Amount due to members

3,386,148

Amount due from members

(380,366

)

Balance at 31 March 2024

3,005,782

6,216,687

Cash flows from operating activities

Cash generated from operations

2

2,993,949

4,356,241

Net cash from operating activities

2,993,949

4,356,241

Cash flows from investing activities

Purchase of tangible fixed assets

(45,465

)

(94,281

)

Interest received

89,032

43,478

Net cash from investing activities

43,567

(50,803

)

Cash flows from financing activities

Transactions with members and former

members

Payments to members

(6,733,368

)

(5,162,920

)

Capital contributions by members

4,090,612

579,447

Net cash from financing activities

(2,642,756

)

(4,583,473

)

Increase/(decrease) in cash and cash equivalents

394,760

(278,035

)

Cash and cash equivalents at beginning of year

3

572,246

850,281

Cash and cash equivalents at end of year

3

967,006

572,246

1.	CLASSIFICATION OF SHARE OF PROFITS IN CASH FLOW STATEMENT

Remuneration which is not profit-related and not discretionary that is paid to members is treated as a charge against profits and is presented in the Statement of Comprehensive Income under Partners' remuneration charged as an expense.

2.	RECONCILIATION OF PROFIT FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS TO CASH GENERATED FROM OPERATIONS

31.3.25

31.3.24

£

£

Profit for the financial year available for discretionary division among members

-

-

Partners' remuneration charged

as an expense

2,656,322

5,160,378

Depreciation charges

58,656

230,327

Loss on disposal of fixed assets

461

-

Finance income

(89,032

)

(43,478

)

2,626,407

5,347,227

Decrease/(increase) in trade and other debtors

243,143

(896,948

)

Increase/(decrease) in trade and other creditors

124,399

(94,038

)

Cash generated from operations

2,993,949

4,356,241

3.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 March 2025

31.3.25

1.4.24

£

£

Cash and cash equivalents

967,006

572,246

Year ended 31 March 2024

31.3.24

1.4.23

£

£

Cash and cash equivalents

572,246

850,281

4.	ANALYSIS OF CHANGES IN NET DEBT

Other

non-cash

At 1.4.24

Cash flow

changes

At 31.3.25

£

£

£

£

Net cash

Cash at bank

572,246

394,760

967,006

572,246

394,760

967,006

Net funds (before

members' debt)

572,246

394,760

-

967,006

Loans and other debts

due to members

Other amounts

due to members

(3,386,148

)

3,075,501

(6,571,144

)

(6,881,791

)

Net debt

(2,813,902

)

3,470,261

(6,571,144

)

(5,914,785

)

1.	STATUTORY INFORMATION

Haynes and Boone CDG 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" 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 are presented in Sterling, which is also the LLP's functional currency.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of these financial statements requires estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities. Estimates and judgements are continually evaluated and are based on historical experience and expectations of future events believed to be reasonable.

The LLP considers that the following estimates and judgements are likely to have the most significant effect on the amounts recognised in the financial statements:

Accrued income

At any point in time the LLP has a significant amount of unbilled time and costs which are recorded as accrued income. An assessment is made of the amount of accrued income that is expected to be recovered, requiring an element of judgement.

Estimation of useful life

The charge in respect of periodic depreciation is derived after determining an estimate of an asset's expected useful life and the expected residual value at the end of its life. The useful lives of all assets are determined at the time the assets are acquired and reviewed at least annually for appropriateness. The lives are based on historical experience with similar assets as well as anticipation of future events, which may impact their life, such as changes in technology.

Turnover

Turnover represents amounts chargeable for professional services provided during the year, inclusive of direct expenses incurred on client assignments but excluding Value Added Tax. Turnover is recognised when a right to consideration has been obtained through performance under each engagement. Consideration accrues as each engagement actively progresses by reference to value of the work performed.

Unbilled revenue is included in debtors as "Accrued income".

The basis of valuation of revenue unbilled to clients is reviewed each year to ensure that the basis reflects the value that will ultimately be realised.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful life range is as follows:

Improvements to property

-

Over length of lease

Plant and machinery

-

33.33% on cost

Fixtures and fittings

-

25% on cost

Pensions

The LLP operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the LLP pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Members' remuneration

The treatment of members' remuneration in the profit and loss account is determined by reference to the nature of the participation rights that give rise to the remuneration. If the members' remuneration gives rise to a liability it is charged as an expense. Amounts subscribed or otherwise contributed by members are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity capital. Equity capital is any capital that is repayable to the members only at the discretion of the LLP.

Debtors

Debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Creditors

Creditors are measured at the transaction price. Other financial liabilities including loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Financial instruments

The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Debt instruments that are payable or receivable within one year, typically trade creditors or debtors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received.

Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

3.

TURNOVER

The turnover and profit for the financial year before members' remuneration and profit shares are attributable to the one principal activity of the LLP.

An analysis of turnover by geographical market is given below:

31.3.25

31.3.24

£

£

United Kingdom

8,628,396

8,057,227

Europe

4,761,677

3,696,749

Asia

179,593

279,398

Americas

2,958,405

6,411,176

Middle East

295,760

187,474

Australia & Oceania

25,397

186,386

Africa

177,956

156,016

17,027,184

18,974,426

4.	EMPLOYEE INFORMATION

31.3.25

31.3.24

£

£

Wages and salaries

5,663,426

5,575,672

Social security costs

651,734

641,427

Other pension costs

215,416

225,426

6,530,576

6,442,525

The average number of employees during the year was as follows:

31.3.25

31.3.24

Fee earners

31

28

Administration staff

19

17

50

45

5.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

58,655

230,327

Loss on disposal of fixed assets

461

-

Auditors' remuneration

9,300

9,000

Foreign exchange differences

694

2,321

6.	INFORMATION IN RELATION TO MEMBERS

31.3.25

31.3.24

£

£

Partners' remuneration charged

as an expense

Partners' remuneration

2,656,322

5,160,378

31.3.25

31.3.24

£

£

The amount of profit attributable to the member with the largest entitlement was

509,863

709,958

31.3.25

31.3.24

The average number of members during the year was

20

18

Key management personnel is regarded as comprising the members of the LLP. Total remuneration of key management is disclosed above.

7.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

1,244,093

397,345

404,975

2,046,413

Additions

-

44,310

1,155

45,465

Disposals

-

(1,382

)

-

(1,382

)

At 31 March 2025

1,244,093

440,273

406,130

2,090,496

DEPRECIATION

At 1 April 2024

1,218,786

334,737

368,209

1,921,732

Charge for year

6,911

40,690

11,054

58,655

Eliminated on disposal

-

(922

)

-

(922

)

At 31 March 2025

1,225,697

374,505

379,263

1,979,465

NET BOOK VALUE

At 31 March 2025

18,396

65,768

26,867

111,031

At 31 March 2024

25,307

62,608

36,766

124,681

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

2,645,113

2,620,068

Amounts due from members

4,295,188

380,366

Other debtors

526,377

481,455

Prepayments and accrued income

3,477,543

3,790,653

10,944,221

7,272,542