REGISTERED NUMBER: OC352849 (England and Wales)

HAWKRIDGE & COMPANY LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M Hawkridge

Mrs N Johnston

Mrs F E Lygo

REGISTERED OFFICE:

39 Canterbury Street

Gillingham

Kent

ME7 5TR

REGISTERED NUMBER:

OC352849 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

2

21,716

Tangible assets

5

5,078

6,348

5,080

28,064

CURRENT ASSETS

Debtors

6

273,850

366,731

Cash at bank and in hand

40,606

1,362

314,456

368,093

CREDITORS

Amounts falling due within one year

7

(239,465

)

(294,267

)

NET CURRENT ASSETS

74,991

73,826

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

80,071

101,890

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

80,071

101,890

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

80,071

101,890

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 22 December 2025 and were signed by:

M Hawkridge - Designated member

1.	STATUTORY INFORMATION

Hawkridge & Company 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 represents net invoiced sales of good/services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly from 1 April 2015 over 10 years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Computer equipment

-

20% on reducing balance

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.

Members' remuneration

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 to the profit and loss account.

A members' share of the profit or loss for the year is accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the LLP after deducting all of its liabilities.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

217,142

AMORTISATION

At 1 April 2024

195,426

Charge for year

21,714

At 31 March 2025

217,140

NET BOOK VALUE

At 31 March 2025

2

At 31 March 2024

21,716

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

14,335

16,245

30,580

DEPRECIATION

At 1 April 2024

12,582

11,650

24,232

Charge for year

350

920

1,270

At 31 March 2025

12,932

12,570

25,502

NET BOOK VALUE

At 31 March 2025

1,403

3,675

5,078

At 31 March 2024

1,753

4,595

6,348

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

118,383

176,748

Amounts recoverable on contract

117,163

136,662

Prepayments

38,304

53,321

273,850

366,731

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

38,575

Loans

31,509

113,331

Social security and other taxes

78,845

87,909

Sundry creditors

12,358

23,532

Accrued expenses

116,753

30,920

239,465

294,267

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

80,071

101,890

Falling due within one year

80,071

101,890

Loans and other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.

9.	OTHER FINANCIAL COMMITMENTS

The company occupied premises under a five-year lease commencing April 2020, with an annual rent of £28,000. The lease is due to renew for a further five years from 1 April 2025, at an increased annual rent of £37,200.