REGISTERED NUMBER: OC371926 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PEARCE BOTTOMLEY LLP

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Miss S A Beeden

A R Stephens

REGISTERED OFFICE:

Lidgett House

56 Lidgett Lane

Garforth

LS25 1LL

REGISTERED NUMBER:

OC371926 (England and Wales)

ACCOUNTANTS:

SMH Howard Matthews Ltd

Lidgett House

56 Lidgett Lane

Garforth

Leeds

LS25 1LL

FIXED ASSETS

Tangible assets

4

10,993

17,914

CURRENT ASSETS

Stocks

60,343

69,562

Debtors

5

67,958

92,642

Cash at bank and in hand

18,607

8

146,908

162,212

CREDITORS

Amounts falling due within one year

6

109,409

77,238

NET CURRENT ASSETS

37,499

84,974

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

48,492

102,888

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

48,492

102,888

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

48,492

102,888

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:

Miss S A Beeden - Designated member

1.	STATUTORY INFORMATION

Pearce Bottomley 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

63,655

Additions

1,403

At 31 March 2025

65,058

DEPRECIATION

At 1 April 2024

45,741

Charge for year

8,324

At 31 March 2025

54,065

NET BOOK VALUE

At 31 March 2025

10,993

At 31 March 2024

17,914

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,369

78,697

Other debtors

13,589

13,945

67,958

92,642

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

41,931

11,988

Trade creditors

19,405

14,699

Taxation and social security

32,535

44,154

Other creditors

15,538

6,397

109,409

77,238

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

On a winding up, loans and other debts due to members rank as unsecured loans and are payable after all external creditors but before any amounts classified as members’ capital