REGISTERED NUMBER: OC417840 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Weldon Beesly LLP

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

5,524

8,877

CURRENT ASSETS

Debtors

5

148,891

149,954

Cash at bank and in hand

176,168

115,247

325,059

265,201

CREDITORS

Amounts falling due within one year

6

191,053

169,174

NET CURRENT ASSETS

134,006

96,027

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

139,530

104,904

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

51,530

16,904

MEMBERS' OTHER INTERESTS

Capital accounts

88,000

88,000

139,530

104,904

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

51,530

16,904

Members' other interests

88,000

88,000

139,530

104,904

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 17 December 2025 and were signed by:

T Starkey - Designated member

1.	STATUTORY INFORMATION

Weldon Beesly LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC417840

Registered office:

100 South Street

Bishop's Stortford

Hertfordshire

CM23 3BG

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.

Tangible fixed assets

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

Plant and machinery - 20% on reducing balance

Fixtures and fittings - 20% on reducing balance

Computer equipment - 33% on cost

Financial instruments

The LLP has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the LLP's statement of financial position when the LLP becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 8 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

308

4,991

37,040

42,339

Additions

-

1,368

615

1,983

At 31 March 2025

308

6,359

37,655

44,322

DEPRECIATION

At 1 April 2024

233

2,331

30,898

33,462

Charge for year

15

644

4,677

5,336

At 31 March 2025

248

2,975

35,575

38,798

NET BOOK VALUE

At 31 March 2025

60

3,384

2,080

5,524

At 31 March 2024

75

2,660

6,142

8,877

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

97,213

110,834

Amounts recoverable on contract

24,575

26,295

Prepayments and accrued income

27,103

12,825

148,891

149,954

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

30,065

38,391

Social security and other taxes

(3,717

)

(20

)

VAT

14,236

28,981

Other creditors

126,948

79,683

Weldon Beesly Limited

134

134

Accrued expenses

23,387

22,005

191,053

169,174

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank below all other creditors.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

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