Pocknells LLP

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: OC363133

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		954
Tangible Assets	5		156,406		78,735

			156,406		79,689
CURRENT ASSETS
Stocks		79,640		98,527
Debtors		277,373		238,957
Cash at bank and in hand		4,867		-

		361,880		337,484
Creditors: Amounts Falling Due Within One Year		(396,152 )		(362,586 )

NET CURRENT ASSETS (LIABILITIES)			(34,272 )		(25,102 )

TOTAL ASSETS LESS CURRENT LIABILITIES			122,134		54,587

Creditors: Amounts Falling Due After More Than One Year			(88,696 )		(19,833 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			33,438		34,754

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		33,438		34,754

			33,438		34,754

			33,438		34,754

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			33,438		34,754

			33,438		34,754

Page 1

Page 2

Pocknells LLP

Abridged 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.

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mr Paul Shaylor Partner	Mr John Holliday Partner
30/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Pocknells LLP is a limited liability partnership, incorporated in England & Wales, registered number OC363133 . The Registered Office is 46 Hullbridge Road, South Woodham Ferrers, Essex, CM3 5NG.

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. Turnover

Turnover comprises the invoiced value of goods and services supplied by the LLP, net of Value Added Tax and trade discounts.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. 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:

Plant & Machinery	20% reducing balance basis
Motor Vehicles	25% reducing balance basis

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. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.

3. Average Number of Employees

Average number of employees during the year, including members, during the year was as follows:

	2025	2024
Office and administration	2	2

	2	2

Page 3

Page 4

Pocknells LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

4. Intangible Assets

	Total
	£
Cost
As at 1 April 2024	11,166

As at 31 March 2025	11,166

Amortisation
As at 1 April 2024	10,212
Provided during the period	954

As at 31 March 2025	11,166

Net Book Value
As at 31 March 2025	-

As at 1 April 2024	954

Goodwill is being amortised by the members over its useful economic life of 5 years.

5. Tangible Assets

	Total
	£
Cost
As at 1 April 2024	161,322
Additions	124,022

As at 31 March 2025	285,344

Depreciation
As at 1 April 2024	82,587
Provided during the period	46,351

As at 31 March 2025	128,938

Net Book Value
As at 31 March 2025	156,406

As at 1 April 2024	78,735

6. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,413	-
Later than one year and not later than five years	87,280	-

	98,693	-

	98,693	-

Page 4

Page 5

Pocknells LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2025

7. Related Party Transactions

J D Holliday is a Director and Shareholder of Henry Brake Ltd. During the year under review the company have feed Pocknells LLP for services rendered. These services were charged on normal commercial terms and amounted to £596,707 for the year. (2024: £455,677)

Pocknells LLP ran their business from a premises owned by H Edwards Ltd (a company owned by Mr & Mrs J Holliday). During the year the company charged rent to the partnership, which amounted to £Nil (2024: £4,200). This rent was charged on normal commercial terms. They moved during the year to another builidng.

Pocknells LLP run their business from a premises owned by H Edwards (South) Ltd (a company owned by Mr & Mrs J Holliday). During the year the company charged rent to the partnership, which amounted to £49,500 (2024:£31,500). This rent was charged on normal commercial terms.

J D Holliday is a Director and Shareholder of Oyster Bookkeeping Ltd. During the year under review the company have feed Pocknells LLP for services rendered. These services were charged on normal commercial terms and amounted to £37,200 (2024: £37,200) for the year.

8. Controlling Party

The LLP's ultimate controlling party is J Holliday by virtue of his 85% interest in the equity of Pocknells LLP.

Page 5