REGISTERED NUMBER: OC394152 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Frogs Island 4x4 Workshop LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr N A Hendry

Mr M R Smith

Mr G K Arnold

REGISTERED OFFICE:

The Workshop

Wantage Road

Great Shefford

Hungerford

Berkshire

RG17 7DA

REGISTERED NUMBER:

OC394152 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

FIXED ASSETS

Tangible assets

4

22,878

27,848

CURRENT ASSETS

Stocks

26,316

25,923

Debtors

5

7,349

4,693

Cash at bank and in hand

68,480

73,887

102,145

104,503

CREDITORS

Amounts falling due within one year

6

14,646

17,769

NET CURRENT ASSETS

87,499

86,734

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

110,377

114,582

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

110,377

114,582

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

110,377

114,582

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 24 December 2025 and were signed by:

Mr N A Hendry - Designated member

Mr M R Smith - Designated member

1.	STATUTORY INFORMATION

Frogs Island 4x4 Workshop LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The current financial reporting period covers one full year, whereas the prior period comparative results are for a period of eight months. As such, the current and comparative periods are not directly comparable.

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 equipment

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

equipment

vehicles

Equipment

Totals

£

£

£

£

COST

At 1 April 2024

35,401

13,100

2,435

50,936

Additions

1,057

-

-

1,057

At 31 March 2025

36,458

13,100

2,435

51,993

DEPRECIATION

At 1 April 2024

16,781

5,417

890

23,088

Charge for year

3,795

1,922

310

6,027

At 31 March 2025

20,576

7,339

1,200

29,115

NET BOOK VALUE

At 31 March 2025

15,882

5,761

1,235

22,878

At 31 March 2024

18,620

7,683

1,545

27,848

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,349

4,693

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

8,708

11,549

Taxation and social security

4,478

4,760

Other creditors

1,460

1,460

14,646

17,769

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' (other than members' capital classified as debt) would rank below other creditors in the event of a winding up of the LLP.