REGISTERED NUMBER: OC333403 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Halsall Lloyd LLP

Trading as

Halsall Lloyd Partnership

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

W J Halsall

G Lloyd

M E Jermy

R J York

REGISTERED OFFICE:

98 Duke Street

Liverpool

Merseyside

L1 5AG

REGISTERED NUMBER:

OC333403 (England and Wales)

AUDITORS:

SB&P

Chartered Accountants & Statutory Auditors

Oriel House

2/8 Oriel Road

Bootle

Merseyside

L20 7EP

FIXED ASSETS

Tangible assets

4

40,512

47,037

CURRENT ASSETS

Debtors

5

1,127,263

1,122,781

Cash in hand

131

276

1,127,394

1,123,057

CREDITORS

Amounts falling due within one year

6

594,140

585,041

NET CURRENT ASSETS

533,254

538,016

TOTAL ASSETS LESS CURRENT LIABILITIES

573,766

585,053

CREDITORS

Amounts falling due after more than one year

7

8,503

19,409

NET ASSETS ATTRIBUTABLE TO MEMBERS

565,263

565,644

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

392,518

391,417

MEMBERS' OTHER INTERESTS

Other reserves

172,745

174,227

565,263

565,644

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

392,518

391,417

Members' other interests

172,745

174,227

Amounts due from members

5

(6,348

)

(73,057

)

558,915

492,587

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 31 December 2025 and were signed by:

G Lloyd - Designated member

1.	STATUTORY INFORMATION

Halsall Lloyd LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 represents the fair value of services provided under contracts with customers to the extent that there is a right to consideration, net of VAT. It is measured at the fair value of the consideration due. Where a service is incomplete at the year end, turnover represents the value of the service provided to that date based upon an appropriate proportion of the total consideration at completion.

Where the turnover on a contract so calculated exceeds the amount invoiced, the difference is included in debtors as amounts recoverable on contracts.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

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 year was 24 (2024 - 24 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

98,741

29,940

5,315

133,996

Additions

1,025

-

-

1,025

At 31 March 2025

99,766

29,940

5,315

135,021

DEPRECIATION

At 1 April 2024

56,542

26,012

4,405

86,959

Charge for year

6,733

590

227

7,550

At 31 March 2025

63,275

26,602

4,632

94,509

NET BOOK VALUE

At 31 March 2025

36,491

3,338

683

40,512

At 31 March 2024

42,199

3,928

910

47,037

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

498,046

440,376

Amounts recoverable on contract

577,002

573,389

Other debtors

52,215

109,016

1,127,263

1,122,781

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

304,184

289,785

Trade creditors

120,215

129,662

Taxation and social security

115,535

103,834

Other creditors

54,206

61,760

594,140

585,041

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

8,503

19,409

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Unsecured debt due to members will rank equally with debts due to other unsecured creditors in a winding up

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Wendy McNulty BA FCA (Senior Statutory Auditor)

for and on behalf of SB&P