REGISTERED NUMBER: SO301888 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

HENRY DUNCAN LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

B G Duncan

R J Henry

J A Henry

REGISTERED OFFICE:

295 Fenwick Road

Giffnock

Glasgow

G46 6UH

REGISTERED NUMBER:

SO301888 (Scotland)

ACCOUNTANTS:

SD Business Management

Suite 4.5 Turnberry House

175 West George Street

Glasgow

G2 2LB

FIXED ASSETS

Tangible assets

4

1

1

CURRENT ASSETS

Debtors

-

367

Cash at bank

30,780

53,567

30,780

53,934

CREDITORS

Amounts falling due within one year

11,954

18,906

NET CURRENT ASSETS

18,826

35,028

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

18,827

35,029

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

7,967

24,169

MEMBERS' OTHER INTERESTS

Capital accounts

10,860

10,860

18,827

35,029

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

7,967

24,169

Members' other interests

10,860

10,860

18,827

35,029

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 2 December 2025 and were signed by:

R J Henry - Designated member

J A Henry - Designated member

1.	STATUTORY INFORMATION

Henry Duncan LLP is registered in Scotland. 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.

The business ceased trading on the 31 March 2025 and is therefore no longer a going concern. No material adjustments are required to the accounts for the cessation of trade.

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.

Plant and machinery etc

-

25% on cost

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

1,422

DEPRECIATION

At 1 April 2024

and 31 March 2025

1,421

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members other interests'.

6.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by Bryan Duncan, Jonathan Henry & Richard Henry.