Carve Architecture Llp Accounts






Carve Architecture Llp

	Registered No. OC424302
	Information for Filing with the Registrar
		31 March 2025

at	31 March 2025

Registered No.			OC424302	Notes	2025	2024
					£	£
Fixed assets
	Intangible assets			4	3,285	4,099
	Tangible assets			5	-	1,379


					3,285	5,478
Current assets

	Debtors			6	76,442	22,229

	Cash at bank and in hand				-	1,201
					76,442	23,430
Creditors: Amounts falling due within one year				7	(75,387)	(21,418)
Net current assets					1,055	2,012
Total assets less current liabilities					4,340	7,490


Net assets attributable to members					4,340	7,490

Represented by:
	Loans and other debts due to members				4,338	7,488
	Members' other interests


		Other reserves			2	2
					2	2

					4,340	7,490



These accounts have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

For the year ended 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) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

As permitted by section 444 (5A)of the Companies Act 2006 the members have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the members on 27 November 2025 and signed on its behalf by:
T.J. Hatton
Designated member
27 November 2025

for the year ended 31 March 2025

General information

Carve Architecture Llp is a limited liability partnership and incorporated in England and Wales.

Its registered number is: OC424302

Its registered office is:

14 Clifford Street

York

YO1 9RD

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and in accordance with the Statement of Recommended Practice 'Accounting for Limited Liability Partnerships' issued in December 2018.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Members' remuneration and division of profits

Remuneration is paid to certain members under a contract of employment and is included as an expense in the profit and loss account.

In addition, the LLP agreement provides that fixed amounts, determined for each member each year, be paid to members, irrespective of the profits of the LLP. These amounts are included within members' remuneration charged as an expense.

Profits are treated as being available for discretionary division only if the the LLP has an unconditional right to refuse payment of the profits of a particular year unless and until the members agree to divide them. Once agreement has been reached to divide the profits, a members' share in the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses remain included within 'other reserves'.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

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

Furniture, fittings and equipment

33% Straight line basis

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Members' Interests

Members' interests are classified as either equity or debt.

Equity interests comprise any capital introduced classified as equity, any unallocated profits, any revaluation reserve and any other reserves.

Loans and other debts due to members comprise any capital introduced but classified as a liability, any loans from members, amounts due to members in respect of allocated profits less drawings and any other amounts that the LLP is contractually obliged to repay to members.

Taxation

Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the LLP has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
		2025	2024
		Number	Number

	The average number of persons employed during the year was:	3	3

4	Intangible fixed assets
		Other	Total
		£	£
	Cost
	At 1 April 2024	8,139	8,139


	At 31 March 2025	8,139	8,139
	Amortisation
	At 1 April 2024	4,040	4,040
	Charge for the year	814	814


	At 31 March 2025	4,854	4,854
	Net book values
	At 31 March 2025	3,285	3,285
	At 31 March 2024	4,099	4,099

	The other intangible asset in the business relates to a website which is being amortised to the profit and loss over its estimated economic life of 10 years.

5	Tangible fixed assets
		Fixtures, fittings and equipment	Total
		£	£
	Cost
	At 1 April 2024	14,146	14,146




	At 31 March 2025	14,146	14,146
	Depreciation
	At 1 April 2024	12,767	12,767
	Charge for the year	1,379	1,379



	At 31 March 2025	14,146	14,146
	Net book values

	At 31 March 2024	1,379	1,379

6	Debtors
		2025	2024
		£	£
	Trade debtors	11,540	21,029

	Amounts owed by members	62,319	-

	Other debtors	1,200	1,200
	Prepayments and accrued income	1,383	-
		76,442	22,229

7	Creditors:
	amounts falling due within one year
		2025	2024
		£	£
	Bank loans and overdrafts	25,680	-




	Other taxes and social security	21,646	(6,633)
	Other creditors	27,062	26,553
	Accruals and deferred income	999	1,498
		75,387	21,418

8	Loans and other debts due to members
		2025	2024
		£	£



	Amounts due to members in respect of profits	4,338	7,488
		4,338	7,488

	Amounts falling due within one year	4,338	-

		4,338	7,488