Woolley, Beardsleys & Bosworth LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC379158

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,558		15,287

			10,558		15,287
CURRENT ASSETS
Debtors	5	86,113		157,905
Cash at bank and in hand		54,977		48,176

		141,090		206,081
Creditors: Amounts Falling Due Within One Year	6	(58,424 )		(151,239 )

NET CURRENT ASSETS (LIABILITIES)			82,666		54,842

TOTAL ASSETS LESS CURRENT LIABILITIES			93,224		70,129

NET ASSETS ATTRIBUTABLE TO MEMBERS			93,224		70,129

REPRESENTED BY:
Equity
Members' other interests
Members' capital		93,224		70,129

			93,224		70,129

TOTAL MEMBERS' INTEREST
Members' other interests			93,224		70,129

			93,224		70,129

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Woolley, Beardsleys & Bosworth 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 Richard Urwin

Designated Member

10/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Woolley, Beardsleys & Bosworth LLP is a limited liability partnership, incorporated in England & Wales, registered number OC379158 . The Registered Office is 3 Rectory Place, Loughborough, LE11 1UW.

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. Going Concern Disclosure

The members have identified material uncertainties related to events or conditions that may cast significant doubt about the LLP's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. 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:

Leasehold	at varying rates on cost
Fixtures & Fittings	20% reducing balance
Computer Equipment	20% reducing balance

2.5. 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.

2.6. Pensions

The LLP operates a defined pension contribution scheme. Contributions are charged to the Profit and Loss Account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 11 (2024: 14)

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Woolley, Beardsleys & Bosworth LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	1,338	14,296	25,541	41,175
Additions	920	-	-	920
Disposals	-	-	(11,768 )	(11,768 )

As at 31 March 2025	2,258	14,296	13,773	30,327

Depreciation
As at 1 April 2024	116	10,722	15,050	25,888
Provided during the period	982	663	1,787	3,432
Disposals	-	-	(9,551 )	(9,551 )

As at 31 March 2025	1,098	11,385	7,286	19,769

Net Book Value
As at 31 March 2025	1,160	2,911	6,487	10,558

As at 1 April 2024	1,222	3,574	10,491	15,287

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	54,008	63,190
Other debtors	32,105	94,715

	86,113	157,905

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	8,163	90,650
Other creditors	29,945	32,251
Taxation and social security	20,316	28,338

	58,424	151,239

7. Related Party Transactions

During the year the Corporate Member Chesterton House Financial Planning Ltd paid rent of £13,740 (2024: £0) to Woolley, Beardsleys & Bosworth LLP.

Included in Trade Debtors at the year end is £2,291 (2024: £0) due from Chesterton House Financial Planning Ltd.

Included in Trade Creditors at the year end is £2,738 (2024: £1,704) due to Chesterton House Financial Planning Ltd.

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