Unaudited Financial Statements
For the year ended 31 March 2025
Registered number: NC001723
Information
Contents
Independent Accountant's Report to the members of the unaudited financial statements of Makecico LLP for the year ended 31 March 2025
In order to assist you fulfil your duties under the Companies Act 2006, we have compiled the financial statements of Makecico LLP for the year ended 31 March 2025, which comprise the Balance Sheet and the related notes to the financial statements, including a summary of significant accounting policies, from the company's accounting records and from information and explanations you have given to us.
The financial statements have been prepared on the basis set out in the notes to the financial statements.
This report is made solely to the directors of Makecico LLP, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely that we might compile the financial statements that we have been engaged to compile, report to the company's directors that we have done so and state those matters that we have agreed to state to the directors of Makecico LLP, as a body, in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Makecico LLP and its directors, as a body, for our work or for this report.
We have carried out this engagement in accordance with International Standard on Related Services 4410 (Revised) Compilation Engagements issued by the International Auditing and Assurance Standards Board (the ‘IAASB’’) and have complied with the ethical guidance laid down by the IESBA Code and Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
You have approved the financial statements for the year ended 31 March 2025 and you have acknowledged on the Balance Sheet as at 31 March 2025 your duty to ensure that Makecico LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view in accordance with the Companies Act 2006. You consider that Makecico LLP is exempt from the statutory audit requirement for the year ended 31 March 2025.
We have not been instructed to carry out an audit or review the financial statements of Makecico LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Date: 12 December 2025
Page 1
Balance Sheet
As at 31 March 2025
Page 2
Balance Sheet (continued)
As at 31 March 2025
The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.
The financial statements were approved and authorised for issue by the members and were signed on their behalf on 12 December 2025 .
The notes on pages 5 to 7 form part of these financial statements.
Page 3
Reconciliation of Members' Interests
For the year ended 31 March 2025
Page 4
Notes to the Financial Statements
For the year ended 31 March 2025
Makecico LLP is a limited liability partnership incorporated in Northern Ireland. The registered office address is 26B Station Road, Magherafelt, County Derry, Northern Ireland, BT45 5DN.
The principal activity of the LLP is that of investment holding.
The principal activity of the LLP is that of investment holding.
2.Accounting policies
The following accounting policies have been applied:
The following principal accounting policies have been applied:
A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial year and may take place during or after the end of a financial year.
An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.
Profits of the LLP which are not yet divided among the members are shown under 'Other reserves' on the Balance Sheet, pending a discretionary decision to divide the profits.
In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.
Page 5
Notes to the Financial Statements
For the year ended 31 March 2025
2.Accounting policies (continued)
The company makes estimates and assumptions concerning the future, which can involve a high degree of judgement or complexity. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:
a) Carrying value of investments
Investments in associates are measured at cost less accumulated impairment. Where there is an indication of impairment the recoverable amount is estimated and compared with the carrying amount. The estimate of recoverable amount is considered in light of the trading and balance sheet strength of the associate together with the director's best estimate of future performance of the associate.
Page 6
Notes to the Financial Statements
For the year ended 31 March 2025
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The LLP is controlled by the members.
Page 7