REGISTERED NUMBER: OC443448 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lansdale & Holdsworth LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

M Bartalotta

M Johnson

REGISTERED OFFICE:

1 The Studios

316 Chorley Old Road

Bolton

Lancashire

BL1 4JU

REGISTERED NUMBER:

OC443448 (England and Wales)

ACCOUNTANTS:

Higsons Limited

Accountants

109 Market Street

Farnworth

Bolton

Greater Manchester

BL4 8EX

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of solicitors.

DESIGNATED MEMBERS

The designated members during the year under review were:

M Bartalotta

M Johnson

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £697,890 (2024 - £337,818 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

M Bartalotta - Designated member

15 September 2025

TURNOVER

1,118,749

462,743

Cost of sales

243,193

68,981

GROSS PROFIT

875,556

393,762

Administrative expenses

177,411

55,847

OPERATING PROFIT

4

698,145

337,915

Interest receivable and similar income

1,010

1,374

699,155

339,289

Interest payable and similar expenses

1,265

1,471

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

697,890

337,818

FIXED ASSETS

Tangible assets

5

29,452

37,508

CURRENT ASSETS

Debtors

6

299,469

304,206

Cash at bank and in hand

117,681

146,346

417,150

450,552

CREDITORS

Amounts falling due within one year

7

84,906

86,744

NET CURRENT ASSETS

332,244

363,808

TOTAL ASSETS LESS CURRENT LIABILITIES

361,696

401,316

CREDITORS

Amounts falling due after more than one year

8

16,118

18,905

NET ASSETS ATTRIBUTABLE TO MEMBERS

345,578

382,411

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

345,578

382,411

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

345,578

382,411

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 15 September 2025 and were signed by:

M Bartalotta - Designated member

M Johnson - Designated member

1.	STATUTORY INFORMATION

Lansdale & Holdsworth 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 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 etc

-

25% on reducing balance, 20% on reducing balance and 10% on reducing balance

Tangible fixed assets held for the LLP's own use are stated at cost less accumulated depreciation. At the balance sheet date, the LLP reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered impairment losses, no such losses were identified.

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 7 (2024 - 7 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

8,056

10,443

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

47,951

DEPRECIATION

At 1 April 2024

10,443

Charge for year

8,056

At 31 March 2025

18,499

NET BOOK VALUE

At 31 March 2025

29,452

At 31 March 2024

37,508

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

297,969

304,206

Other debtors

1,500

-

299,469

304,206

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

2,786

5,573

Trade creditors

1

(1

)

Taxation and social security

78,771

75,910

Other creditors

3,348

5,262

84,906

86,744

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

16,118

18,905

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.