1 April 2024 false No description of principal activity Taxfiler 2024.6 OC335886business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC3358862024-03-31 OC3358862024-04-012025-03-31 OC335886business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 OC335886business:FilletedAccounts2024-04-012025-03-31 OC3358862025-03-31 OC335886business:PartnerLLP12024-04-012025-03-31 OC335886business:PartnerLLP22024-04-012025-03-31 OC335886business:PartnerLLP32024-04-012025-03-31 OC335886business:PartnerLLP42024-04-012025-03-31 OC335886business:RegisteredOffice2024-04-012025-03-31 OC3358862024-03-31 OC335886core:WithinOneYear2025-03-31 OC335886core:WithinOneYear2024-03-31 OC335886business:SmallEntities2024-04-012025-03-31 OC335886core:FurnitureFittings2024-04-012025-03-31 OC335886countries:EnglandWales2024-04-012025-03-31 OC335886core:FurnitureFittings2024-03-31 OC335886core:FurnitureFittings2025-03-31 OC3358862023-04-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC335886 (England and Wales)
Cound & Co Limited Liability Partnership Unaudited accounts for the year ended 31 March 2025
Cound & Co Limited Liability Partnership LLP Information for the year ended 31 March 2025
Designated members
Chase Mayne Accountancy Services Ltd
Kevin Penhallurick Ltd
Logic Accounting Ltd
Robert Gradon & Co Ltd
Registered Number
OC335886 (England and Wales)
Registered Office
1 Princes Court Royal Way Loughborough LE11 5XR
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Cound & Co Limited Liability Partnership Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
1,332 
1,708 
Current assets
Inventories
21,057 
22,975 
Debtors
231,949 
249,802 
Cash at bank and in hand
230,473 
208,418 
483,479 
481,195 
Creditors: amounts falling due within one year
4
(116,510)
(120,505)
Net current assets
366,969 
360,690 
Net assets attributable to members
368,301 
362,398 
Represented by:
Loans and other debts due to members
5
368,301 
362,398 
368,301 
362,398 
Total members' interests
Loans and other debts due to members
368,301 
362,398 
368,301 
362,398 
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 23 December 2025.
Robert Gradon & Co Ltd Designated member Limited Liability Partnership Registration No. OC335886
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Cound & Co Limited Liability Partnership Notes to the Accounts for the year ended 31 March 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% per annum of NBV
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value.
2
Statutory information
Cound & Co Limited Liability Partnership is a limited liability partnership, incorporated in England and Wales, registration number OC335886. Its registered office is 1 Princes Court, Royal Way, Loughborough, LE11 5XR.
3
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
20,472 
Additions
114 
At 31 March 2025
20,586 
Depreciation
At 1 April 2024
18,764 
Charge for the year
490 
At 31 March 2025
19,254 
Net book value
At 31 March 2025
1,332 
At 31 March 2024
1,708 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
23,285 
24,885 
Taxes and social security costs
74,950 
76,594 
Other creditors
18,275 
19,026 
116,510 
120,505 
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Cound & Co Limited Liability Partnership Notes to the Accounts for the year ended 31 March 2025
5
Loans and other debts due to members
2025 
2024 
£ 
£ 
Amounts due to members in respect of profits
368,301 
362,398 
Amounts falling due within one year
368,301 
362,398 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 11 (2024: 11).
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