Motcomb Associates LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC418435

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,088		12,814

			9,088		12,814
CURRENT ASSETS
Debtors	5	16,123		2,399
Cash at bank and in hand		42,291		40,580

		58,414		42,979
Creditors: Amounts Falling Due Within One Year	6	(26,874 )		(13,249 )

NET CURRENT ASSETS (LIABILITIES)			31,540		29,730

TOTAL ASSETS LESS CURRENT LIABILITIES			40,628		42,544

NET ASSETS ATTRIBUTABLE TO MEMBERS			40,628		42,544

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		4,000		4,000
Other amounts		36,628		38,544

			40,628		42,544

			40,628		42,544

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			40,628		42,544

			40,628		42,544

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Motcomb Associates LLP

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.

On behalf of the members

Mr Matthew Millett

Designated Member

30/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Motcomb Associates LLP is a limited liability partnership, incorporated in England & Wales, registered number OC418435 . The Registered Office is First Floor, 139 Marvels Lane, London, SE12 9PP.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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	Over 4 years
Fixtures & Fittings	Over 4 years
Computer Equipment	Over 4 years

2.4. Registrar Filing Requirements

The LLP has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, members report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	20,071	1,899	6,426	28,396
Additions	-	-	845	845

As at 31 March 2025	20,071	1,899	7,271	29,241

...CONTINUED

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Motcomb Associates LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	7,792	1,899	5,891	15,582
Provided during the period	4,093	-	478	4,571

As at 31 March 2025	11,885	1,899	6,369	20,153

Net Book Value
As at 31 March 2025	8,186	-	902	9,088

As at 1 April 2024	12,279	-	535	12,814

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Prepayments and accrued income	9,523	899
Other debtors	6,600	1,500

	16,123	2,399

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	7,508	5,280
VAT	14,250	5,868
Accruals and deferred income	5,116	2,101

	26,874	13,249

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