Otter Coot LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC429362 (England and Wales)

OTTER COOT LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2024 TO 5 APRIL 2025

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr M F W Rice

Miss E C I Rice

REGISTERED OFFICE:

15 High Street

Brackley

Northamptonshire

NN13 7DH

REGISTERED NUMBER:

OC429362 (England and Wales)

ACCOUNTANTS:

Blencowes

15 High Street

Brackley

Northamptonshire

NN13 7DH

FIXED ASSETS

Tangible assets

4

3,527

1,479

CURRENT ASSETS

Stocks

12,389

9,633

Debtors

5

90,598

81,469

Cash at bank

26,606

54,462

129,593

145,564

CREDITORS

Amounts falling due within one year

6

27,744

40,523

NET CURRENT ASSETS

101,849

105,041

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

105,376

106,520

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

-

1,144

MEMBERS' OTHER INTERESTS

Capital accounts

105,376

106,520

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

-

1,144

Members' other interests

105,376

Amounts due from members

5

(70,016

)

(17,738

)

35,360

88,782

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 period ended 5 April 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 19 December 2025 and were signed by:

Mr M F W Rice - Designated member

1.	STATUTORY INFORMATION

Otter Coot 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 (£).

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

-

15% 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.

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 period was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 31 March 2024

2,707

Additions

4,591

Disposals

(2,707

)

At 5 April 2025

4,591

DEPRECIATION

At 31 March 2024

1,228

Charge for period

1,064

Eliminated on disposal

(1,228

)

At 5 April 2025

1,064

NET BOOK VALUE

At 5 April 2025

3,527

At 30 March 2024

1,479

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

17,089

36,660

Other debtors

73,509

44,809

90,598

81,469

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

9,088

5,498

Taxation and social security

18,434

30,328

Other creditors

222

4,697

27,744

40,523

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

Amounts owed to members in respect of profits

-

1,144

Falling due within one year

-

1,144

The loans and debts due to members rank equally with debts due to ordinary creditors in a winding up.