Louise Woollard LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC383555

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		50,622		58,423

			50,622		58,423
CURRENT ASSETS
Debtors	6	18,660		44,678
Cash at bank and in hand		11,365		799

		30,025		45,477
Creditors: Amounts Falling Due Within One Year	7	(18,058 )		(14,441 )

NET CURRENT ASSETS (LIABILITIES)			11,967		31,036

TOTAL ASSETS LESS CURRENT LIABILITIES			62,589		89,459

Creditors: Amounts Falling Due After More Than One Year	8		(25,108 )		(40,229 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			37,481		49,230

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		37,481		49,230

			37,481		49,230

			37,481		49,230

TOTAL MEMBERS' INTEREST
Amounts due from members			-		(18,991)
Loans and other debts due to members within one year			37,481		49,230

			37,481		30,239

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Louise Woollard LLP

Balance Sheet (continued)

As At 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 applicable to LLPs subject to the small LLPs regime.)

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 accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Miss Louise Woollard

Designated Member

10/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Louise Woollard LLP is a limited liability partnership, incorporated in England & Wales, registered number OC383555 . The Registered Office is Thornhill Brigg Mills, Thornhill Beck Lane, Brighouse, West Yorkshire, HD6 4AH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill, being the amount paid in connection with the acquisition of client lists, is amortised to profit and loss account over its estimated economic life of ten years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% straight line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

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Louise Woollard LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	78,012

As at 31 March 2025	78,012

Amortisation
As at 1 April 2024	19,589
Provided during the period	7,801

As at 31 March 2025	27,390

Net Book Value
As at 31 March 2025	50,622

As at 1 April 2024	58,423

5. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	17,598

As at 31 March 2025	17,598

Depreciation
As at 1 April 2024	17,598

As at 31 March 2025	17,598

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	-

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	18,660	25,687
Amounts due from members	-	18,991

	18,660	44,678

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Louise Woollard LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	236	210
Other creditors	17,822	14,231

	18,058	14,441

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	25,108	40,229

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