Nibbles2Nosh LLP

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

Registered number: OC367989

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		138,250		158,000
Tangible Assets	5		12,050		19,014

			150,300		177,014
CURRENT ASSETS
Debtors	6	75,074		76,058
Cash at bank and in hand		50,636		68,647

		125,710		144,705
Creditors: Amounts Falling Due Within One Year	7	(328,495 )		(325,255 )

NET CURRENT ASSETS (LIABILITIES)			(202,785 )		(180,550 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(52,485 )		(3,536 )

Creditors: Amounts Falling Due After More Than One Year	8		(7,407 )		(16,667 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(59,892 )		(20,203 )

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		(515,640)		(515,640)
Other amounts		408,503		448,192

			(107,137)		(67,448)

Equity
Members' other interests
Other reserves		47,245		47,245

			47,245		47,245

			(59,892)		(20,203)

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			(107,137)		(67,448)
Members' other interests			47,245		47,245

			(59,892)		(20,203)

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Nibbles2Nosh 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

Mrs Kate Brooks Partner	Mrs Claire Coppen Partner
02/12/2025

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

1. General Information

Nibbles2Nosh LLP is a limited liability partnership, incorporated in England & Wales, registered number OC367989 . The Registered Office is Upwaltham Barns, Upwaltham, Petworth, West Sussex, GU28 0LX.

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 the rendering of services. Turnover is reduced for estimated customer refunds and other similar allowances.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:

Plant & Machinery	25% Straight Line
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Straight Line

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 15 (2024: 24)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2024	395,000

As at 31 March 2025	395,000

Amortisation
As at 1 April 2024	237,000
Provided during the period	19,750

As at 31 March 2025	256,750

Net Book Value
As at 31 March 2025	138,250

As at 1 April 2024	158,000

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Nibbles2Nosh LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	20,873	47,749	979	69,601

As at 31 March 2025	20,873	47,749	979	69,601

Depreciation
As at 1 April 2024	11,660	37,948	979	50,587
Provided during the period	4,514	2,450	-	6,964

As at 31 March 2025	16,174	40,398	979	57,551

Net Book Value
As at 31 March 2025	4,699	7,351	-	12,050

As at 1 April 2024	9,213	9,801	-	19,014

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	74,151	75,758
Prepayments and accrued income	473	-
Other debtors	450	300

	75,074	76,058

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	59,988	97,784
Bank loans and overdrafts	11,111	11,111
Other taxes and social security	602	3,591
VAT	8,692	19,094
Other creditors	49,183	18,824
Accruals and deferred income	198,919	174,851

	328,495	325,255

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

	2025	2024
	£	£
Bank loans	7,407	16,667

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