REGISTERED NUMBER: SO301508 (Scotland)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Atkinson Donnelly LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

M Donnelly

AD Plus Accountants Ltd

J I Lermer

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

G32 8FH

REGISTERED NUMBER:

SO301508 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

33,719

30,197

CURRENT ASSETS

Stocks

12,274

11,018

Debtors

5

571,771

403,362

Cash at bank

953,171

634,574

1,537,216

1,048,954

CREDITORS

Amounts falling due within one year

6

1,230,949

790,680

NET CURRENT ASSETS

306,267

258,274

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

339,986

288,471

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

339,986

288,471

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

339,986

288,471

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 year ended 31 March 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 31 December 2025 and were signed by:

M Donnelly - Designated member

1.	STATUTORY INFORMATION

Atkinson Donnelly LLP is registered in Scotland. 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 net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss 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 18 (2024 - 17 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

26,627

100,182

25,672

152,481

Additions

-

11,135

2,359

13,494

At 31 March 2025

26,627

111,317

28,031

165,975

DEPRECIATION

At 1 April 2024

21,459

88,915

11,910

122,284

Charge for year

1,292

3,360

5,320

9,972

At 31 March 2025

22,751

92,275

17,230

132,256

NET BOOK VALUE

At 31 March 2025

3,876

19,042

10,801

33,719

At 31 March 2024

5,168

11,267

13,762

30,197

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

516,965

309,731

Other debtors

54,806

93,631

571,771

403,362

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

61,274

23,663

Taxation and social security

117,732

102,086

Other creditors

1,051,943

664,931

1,230,949

790,680

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Debts due to members rank pari passu with ordinary creditors in the event of a winding up.