Hoare Ridge & Morris LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC377108 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hoare Ridge & Morris LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr M W R Hoare

Mr E F Ridge

REGISTERED OFFICE:

Building 19

Snape Maltings

SNAPE

Suffolk

IP17 1SP

REGISTERED NUMBER:

OC377108 (England and Wales)

ACCOUNTANTS:

Turner & Ellerby

Chartered Certified Accountants

5 Church Street

Framlingham

Woodbridge

Suffolk

IP13 9BQ

FIXED ASSETS

Tangible assets

4

1,928

1,191

CURRENT ASSETS

Debtors

5

206,818

160,763

Cash at bank

107,564

111,510

314,382

272,273

CREDITORS

Amounts falling due within one year

6

119,845

120,511

NET CURRENT ASSETS

194,537

151,762

TOTAL ASSETS LESS CURRENT
LIABILITIES

196,465

152,953

CREDITORS

Amounts falling due after more than one
year

7

5,013

15,131

NET ASSETS ATTRIBUTABLE TO
MEMBERS

191,452

137,822

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

161,452

107,822

MEMBERS' OTHER INTERESTS

Capital accounts

30,000

191,452

137,822

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

161,452

107,822

Members' other interests

30,000

191,452

137,822

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.

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 29 November 2025 and were signed by:

Mr M W R Hoare - Designated member

Mr E F Ridge - Designated member

1.	STATUTORY INFORMATION

Hoare Ridge & Morris LLP is registered in England and Wales. 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.

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.

Fixtures and fittings

-

20% on cost

Office equipment

-

33% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 8 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

COST

At 1 April 2024

7,314

51,588

58,902

Additions

-

2,412

At 31 March 2025

7,314

54,000

61,314

DEPRECIATION

At 1 April 2024

7,314

50,397

57,711

Charge for year

-

1,675

At 31 March 2025

7,314

52,072

59,386

NET BOOK VALUE

At 31 March 2025

-

1,928

At 31 March 2024

-

1,191

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

163,419

125,060

Unbilled sales contracts

23,500

18,571

Other debtors

3,070

3,050

Prepayments

16,829

14,082

206,818

160,763

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 8)

10,648

Other loans (see note 8)

15,000

Trade creditors

11,172

18,284

VAT

79,126

73,380

Accrued expenses

3,899

3,199

119,845

120,511

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans (see note 8)

5,013

15,131

8.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans - less than 1 yr

10,648

C Morris

15,000

25,648

Amounts falling due between one and two years:

Bank loans - 1-2 years

5,013

10,648

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

4,483

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

Amounts owed to members in respect of profits

161,452

107,822

Falling due within one year

161,452

107,822

Loans and other debts due to members rank equally with debts due to ordinary creditors in winding up.