HoffmannGastrock LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC376719

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		14,425		21,083

			14,425		21,083
CURRENT ASSETS
Debtors	5	41,642		80,000
Cash at bank and in hand		21,015		125,345

		62,657		205,345
Creditors: Amounts Falling Due Within One Year	6	(10,744 )		(15,253 )

NET CURRENT ASSETS (LIABILITIES)			51,913		190,092

TOTAL ASSETS LESS CURRENT LIABILITIES			66,338		211,175

Creditors: Amounts Falling Due After More Than One Year	7		(1,141 )		(4,562 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			65,197		206,613

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		65,197		206,613

			65,197		206,613

			65,197		206,613

TOTAL MEMBERS' INTEREST
Amounts due from members			(41,504)		(80,000)
Loans and other debts due to members within one year			65,197		206,613

			23,693		126,613

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HoffmannGastrock LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 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 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr M Hoffmann Designated Member	Mr M Gastrock Designated Member
3 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

HoffmannGastrock LLP is a limited liability partnership, incorporated in England & Wales, registered number OC376719 . The Registered Office is 120 Queens Road, Brighton, BN1 3WB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue recognition

The LLP does not obtain the irrevocable right to any consideration until the end of lengthy claw-back periods that can run for a year or more after candidates pleaced by the LLP start work at their new employers. However, in practice the LLP's clients usually pay the recruitment fees soon after the candidates have started work. Turnover is recognised in the LLP's financial statements when these fees are received.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

20% per year on a straight line basis

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 10 (2024: 11)

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HoffmannGastrock LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 April 2024	33,289

As at 31 March 2025	33,289

Depreciation
As at 1 April 2024	12,206
Provided during the period	6,658

As at 31 March 2025	18,864

Net Book Value
As at 31 March 2025	14,425

As at 1 April 2024	21,083

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	41,642	80,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	3,422	3,422
Other creditors	5,132	5,106
Taxation and social security	2,190	6,725

	10,744	15,253

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	1,141	4,562

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HoffmannGastrock LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	4,082	4,082
Later than one year and not later than five years	1,361	5,442

	5,443	9,524
Less: Finance charges allocated to future periods	880	1,540

	4,563	7,984

9. Loans and other debts due to members

Unsecured debts due to members will rank equally with debts due to other unsecured creditors in a winding up.

There are no restrictions on the ability of the members to reduce the amount of 'Members other interests'.

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