REGISTERED NUMBER: OC420832 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Andrew Craig Lnh LLP

Page

General Information

1

Report of the Members

2

Report of the Accountants

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

7

DESIGNATED MEMBERS:

D Craig

C J Craig

A F Craig

A C Craig

S F Carr

REGISTERED OFFICE:

Albert House

Albert Drive

Gateshead

Tyne and Wear

NE9 6EH

REGISTERED NUMBER:

OC420832 (England and Wales)

ACCOUNTANTS:

Thornton Accountancy Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of property investment.

DESIGNATED MEMBERS

The designated members during the year under review were:

D Craig

C J Craig

A F Craig

A C Craig

S F Carr

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £999 (2024 - £538 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

A F Craig - Designated member

13 November 2025

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages four to eight and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Thornton Accountancy Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

13 November 2025

TURNOVER

-

300

Administrative expenses

999

838

OPERATING LOSS and

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

(999

)

(538

)

LOSS FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES

(999

)

(538

)

Members' remuneration charged as an expense

4

-

(6,000

)

LOSS FOR THE FINANCIAL YEAR AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

(999

)

(6,538

)

CURRENT ASSETS

Debtors

5

550

360

Cash at bank

13,812

15,001

14,362

15,361

CREDITORS

Amounts falling due within one year

6

10,211

10,211

NET CURRENT ASSETS

4,151

5,150

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

4,151

5,150

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

4,146

5,145

MEMBERS' OTHER INTERESTS

Capital accounts

5

5

4,151

5,150

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

4,146

5,145

Members' other interests

5

5

4,151

5,150

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 13 November 2025 and were signed by:

A F Craig - Designated member

1.	STATUTORY INFORMATION

Andrew Craig Lnh 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.

3.	EMPLOYEE INFORMATION

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

4.	INFORMATION IN RELATION TO MEMBERS

Period

31/12/22

Year Ended

to

31/3/25

31/3/24

£

£

Members' remuneration charged as an expense

Partners' salaries

-

6,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

360

360

Other debtors

190

-

550

360

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to associates

9,251

9,251

Other creditors

960

960

10,211

10,211

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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

8.	RELATED PARTY DISCLOSURES

At the year end date, the company owed the following:-

Amounts owed to related parties

2024 2022

£ £

Connected 9,251 9,251

These are related parties of the limited liability partnership as they are under the control of the members of the limited liability partnership.

The amounts outstanding are unsecured, non-interest bearing and will be settled in cash. No guarantees have been given.