Robertson's Tavistock LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC382297

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,653		17,721

			13,653		17,721
CURRENT ASSETS
Stocks	5	2,000		2,000
Cash at bank and in hand		-		2,278

		2,000		4,278
Creditors: Amounts Falling Due Within One Year	6	(50,188 )		(57,849 )

NET CURRENT ASSETS (LIABILITIES)			(48,188 )		(53,571 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(34,535 )		(35,850 )

Creditors: Amounts Falling Due After More Than One Year	7		(41,177 )		(63,129 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(75,712 )		(98,979 )

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		92,651		49,979

			92,651		49,979

Equity
Members' other interest
Members' capital		(168,363)		(148,958)

			(168,363)		(148,958)

			(75,712)		(98,979)

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			92,651		49,979
Members' other interest			(168,363)		(148,958)

			(75,712)		(98,979)

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Robertson's Tavistock 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

Sally Robertson

Designated Member

11 December 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Robertson's Tavistock LLP is a limited liability partnership, incorporated in England & Wales, registered number OC382297 . The Registered Office is 4-8 Pepper Street, Tavistock, PL19 0BD.

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. 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:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Computer Equipment	33% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 11 (2024: 15)

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Robertson's Tavistock LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	29,042	25,363	2,058	56,463
Additions	1,077	-	-	1,077

As at 31 March 2025	30,119	25,363	2,058	57,540

Depreciation
As at 1 April 2024	22,303	14,485	1,954	38,742
Provided during the period	1,789	3,322	34	5,145

As at 31 March 2025	24,092	17,807	1,988	43,887

Net Book Value
As at 31 March 2025	6,027	7,556	70	13,653

As at 1 April 2024	6,739	10,878	104	17,721

5. Stocks

	31 March 2025	31 March 2024
	£	£
Stock	2,000	2,000

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	3,987	2,903
Bank loans and overdrafts	35,069	22,825
Other taxes and social security	2,752	2,538
VAT	6,063	19,420
Pensions	67	484
Accruals and deferred income	2,250	9,679

	50,188	57,849

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

	31 March 2025	31 March 2024
	£	£
Bank loans	41,177	63,129

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