KW Consulting LLP Filleted accounts for Companies House (small and micro)

REGISTERED NUMBER: OC432105

KW Consulting LLP

Filleted Unaudited Financial Statements

31 March 2025

KW Consulting LLP

Financial Statements

Year ended 31 March 2025

Contents	Page

Members' report	1

Statement of financial position	2

Notes to the financial statements	4

KW Consulting LLP

Members' Report

Year ended 31 March 2025

The members present their report and the unaudited financial statements of the LLP for the year ended 31 March 2025 .

Designated members

The designated members who served the LLP during the year were as follows:

Mr K Weaver
KW Consulting Member Limited

Policy regarding members' drawings and the subscription and repayment of amounts subscribed or otherwise contributed by members

Members are permitted to make drawings in anticipation of profits which will be allocated to them. The amount of such drawings is set at the beginning of each financial year, taking into account the anticipated cash needs of the LLP.

New members are required to subscribe a minimum level of capital and in subsequent years members are invited to subscribe for further capital, the amounts of which is determined by the performance and seniority of those members. On retirement, capital is repaid to members.

This report was approved by the members on 9 December 2025 and signed on behalf of the members by:

Mr K Weaver

Designated Member

Registered office:

Camburgh House

27 New Dover Road

Canterbury

Kent

United Kingdom

CT1 3DN

KW Consulting LLP

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		70,399	87,907

Current assets

Debtors	6	1,498	10,168
Cash at bank and in hand		3,922	908
		-------	--------
		5,420	11,076

Creditors: amounts falling due within one year	7	2,495		7,663
		-------		--------
Net current assets			2,925	3,413
			--------	--------
Total assets less current liabilities			73,324	91,320
			--------	--------
Net assets			73,324	91,320
			--------	--------

Represented by:

Loans and other debts due to members

Other amounts	8	73,324	91,320
		--------	--------

Members' other interests

Other reserves	–	–
	--------	--------
	73,324	91,320
	--------	--------

Total members' interests

Loans and other debts due to members	8	73,324	91,320
Members' other interests		–	–
		--------	--------
		73,324	91,320
		--------	--------

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.

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 .

KW Consulting LLP

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the members and authorised for issue on 9 December 2025 , and are signed on their behalf by:

Mr K Weaver

Designated Member

Registered number: OC432105

KW Consulting 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 Camburgh House, 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN.

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

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).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with Section 22 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'. A member's participation right results in a liability unless the right to any payment is is discretionary on the part of the LLP.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and 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:

Motor vehicles	-	20% reducing balance
Equipment	-	3 years straight line

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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4.	Employee numbers

There were 2 persons employed by the LLP during the year (2024: 2).

5.	Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 April 2024	121,563	1,898	123,461
Additions	–	300	300
	---------	-------	---------
At 31 March 2025	121,563	2,198	123,761
	---------	-------	---------
Depreciation
At 1 April 2024	34,021	1,533	35,554
Charge for the year	17,509	299	17,808
	---------	-------	---------
At 31 March 2025	51,530	1,832	53,362
	---------	-------	---------
Carrying amount
At 31 March 2025	70,033	366	70,399
	---------	-------	---------
At 31 March 2024	87,542	365	87,907
	---------	-------	---------

6.	Debtors

	2025	2024
	£	£
Other debtors	1,498	10,168
	-------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	–	326
Other creditors	2,495	7,337
	-------	-------
	2,495	7,663
	-------	-------

8.	Loans and other debts due to members

	2025	2024
	£	£
Amounts owed to members in respect of profits	73,324	91,320
	--------	--------