1 April 2024 false No description of principal activity Taxfiler 2024.6 OC417954business:LimitedLiabilityPartnershipLLP2024-04-012025-03-31 OC4179542024-03-31 OC4179542024-04-012025-03-31 OC417954business:AuditExempt-NoAccountantsReport2024-04-012025-03-31 OC417954business:FilletedAccounts2024-04-012025-03-31 OC4179542025-03-31 OC417954business:PartnerLLP12024-04-012025-03-31 OC417954business:PartnerLLP22024-04-012025-03-31 OC417954business:RegisteredOffice2024-04-012025-03-31 OC4179542024-03-31 OC417954core:WithinOneYear2025-03-31 OC417954core:WithinOneYear2024-03-31 OC417954core:AfterOneYear2025-03-31 OC417954core:AfterOneYear2024-03-31 OC417954core:RetainedEarningsAccumulatedLosses2025-03-31 OC417954core:RetainedEarningsAccumulatedLosses2024-03-31 OC417954business:SmallEntities2024-04-012025-03-31 OC417954core:LandBuildings2024-04-012025-03-31 OC417954core:PlantMachinery2024-04-012025-03-31 OC417954core:MotorVehicles2024-04-012025-03-31 OC417954countries:EnglandWales2024-04-012025-03-31 OC417954core:LandBuildings2024-03-31 OC417954core:PlantMachinery2024-03-31 OC417954core:MotorVehicles2024-03-31 OC417954core:LandBuildings2025-03-31 OC417954core:PlantMachinery2025-03-31 OC417954core:MotorVehicles2025-03-31 OC4179542023-07-012024-03-31 iso4217:GBP xbrli:pure
Registered No. OC417954 (England and Wales)
EXETER QUADS LLP Unaudited accounts for the year ended 31 March 2025
EXETER QUADS LLP LLP Information for the year ended 31 March 2025
Designated members
Mark Best
Martin Tickner
Registered Number
OC417954 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AH
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EXETER QUADS LLP Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3
233,940 
168,150 
Current assets
Inventories
6,575 
7,477 
Debtors
13,034 
10,000 
Cash at bank and in hand
40,656 
38,765 
60,265 
56,242 
Creditors: amounts falling due within one year
4
(2,982)
(8,735)
Net current assets
57,283 
47,507 
Total assets less current liabilities
291,223 
215,657 
Creditors: amounts falling due after more than one year
5
(61,633)
(15,999)
Net assets attributable to members
229,590 
199,658 
Represented by:
Members' other interests
Other reserves
229,590 
199,658 
229,590 
199,658 
Total members' interests
Members' other interests
229,590 
199,658 
229,590 
199,658 
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 29 December 2025.
Martin Tickner Designated member Limited Liability Partnership Registration No. OC417954
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EXETER QUADS LLP Notes to the Accounts for the year ended 31 March 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% reducing balance
Plant & machinery
10% reducing balance
Motor vehicles
10% reducing balance
2
Statutory information
EXETER QUADS LLP is a limited liability partnership, incorporated in England and Wales, registration number OC417954. Its registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
3
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
3,301 
240,447 
26,335 
270,083 
Additions
- 
91,418 
- 
91,418 
At 31 March 2025
3,301 
331,865 
26,335 
361,501 
Depreciation
At 1 April 2024
- 
85,304 
16,629 
101,933 
Charge for the year
- 
24,656 
972 
25,628 
At 31 March 2025
- 
109,960 
17,601 
127,561 
Net book value
At 31 March 2025
3,301 
221,905 
8,734 
233,940 
At 31 March 2024
3,301 
155,143 
9,706 
168,150 
4
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security costs
1,307 
7,060 
Accruals
1,675 
1,675 
2,982 
8,735 
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EXETER QUADS LLP Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
8,682 
15,999 
Obligations under finance leases and hire purchase contracts
52,951 
- 
61,633 
15,999 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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