REGISTERED NUMBER: OC375628 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

MACCAFFERTY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Mr B J MacCafferty

Mrs M B MacCafferty

MacCafferty Plastics Limited

REGISTERED OFFICE:

Hill House 28 Walton Avenue

Pannal

Harrogate

North Yorkshire

HG3 1EX

REGISTERED NUMBER:

OC375628 (England and Wales)

ACCOUNTANTS:

Duncan and Toplis Limited

Pinnacle House

1 Pinnacle Way

Derby

Derbyshire

DE24 8ZS

FIXED ASSETS

Tangible assets

4

950,293

950,391

CURRENT ASSETS

Debtors

5

50,306

120,945

Cash at bank

10,534

10,534

60,840

131,479

CREDITORS

Amounts falling due within one year

6

8,095

6,125

NET CURRENT ASSETS

52,745

125,354

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,003,038

1,075,745

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

1,003,038

1,075,745

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

1,003,038

1,075,745

Amounts due from members

5

(41,906

)

(120,945

)

961,132

954,800

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 17 December 2025 and were signed by:

Mr B J MacCafferty - Designated member

1.	STATUTORY INFORMATION

MacCafferty 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

950,000

928

950,928

DEPRECIATION

At 1 April 2024

-

537

537

Charge for year

-

98

98

At 31 March 2025

-

635

635

NET BOOK VALUE

At 31 March 2025

950,000

293

950,293

At 31 March 2024

950,000

391

950,391

It has been agreed that the property introduced and recognised on the balance sheet of the LLP on the 1st July 2012 is not intended to be an asset of the LLP but it is agreed that each of the members will retain and ringfence their respective beneficial ownership of the property after 1st July 2012.

Cost or valuation at 31 March 2025 is represented by:

Freehold

Computer

property

equipment

Totals

£

£

£

Valuation in 2025

950,000

928

950,928

If freehold property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

900,000

900,000

Freehold property was valued on an open market basis on 31 March 2025 by the members .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts due from members

41,906

120,945

Other debtors

8,400

-

50,306

120,945

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

66

-

VAT

6,397

4,649

Accruals and deferred income

1,632

1,476

8,095

6,125

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

£

Amounts owed to members in respect of profits

1,003,038

1,075,745

Falling due within one year

1,003,038

1,075,745

The capital (whether classified as a liability or equity) of an LLP may be reduced by agreement of the members either by repayment or by the conversion of equity capital into liability capital or other debt. In the absence of agreement to the contrary, unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up.