REGISTERED NUMBER: OC322791 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LINDLEY MORTIMER LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J M Lindley

B Mortimer

REGISTERED OFFICE:

1 Sheffield Road

Southborough

TUNBRIDGE WELLS

Kent

TN4 0PD

REGISTERED NUMBER:

OC322791 (England and Wales)

ACCOUNTANTS:

Raymond Benn & Co Limited

Chartered Certified Accountants

1 Sheffield Road

Southborough

TUNBRIDGE WELLS

Kent

TN4 0PD

BANKERS:

Barclays Bank plc

Leicester

LE87 2BB

FIXED ASSETS

Tangible assets

4

21,032

28,042

Investments

5

-

-

21,032

28,042

CURRENT ASSETS

Debtors

146,240

185,718

Cash at bank

1,061

7,159

147,301

192,877

CREDITORS

Amounts falling due within one year

(134,781

)

(173,482

)

NET CURRENT ASSETS

12,520

19,395

TOTAL ASSETS LESS CURRENT LIABILITIES

33,552

47,437

CREDITORS

Amounts falling due after more than one year

6

(33,552

)

(47,437

)

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

(146,240

)

(185,718

)

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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 14 January 2026 and were signed by:

J M Lindley - Designated member

1.	STATUTORY INFORMATION

Lindley Mortimer 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.

Preparation of consolidated financial statements

The financial statements contain information about Lindley Mortimer LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

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 -25% reducing balance

Motor vehicles -25% reducing balance

Going concern

The partnership has a deficiency of liabilities over assets at the reporting date and is dependent on the support of the partners. The partners have provided written confirmation that they will continue to provide financial support to enable the LLP to meet its obligations as they fall due for a period of at least 12 months from the date of approval of the financial statements.

For this reason the financial statements have been drawn up on the going concern basis.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit and loss over the relevant period. The capital element of the future payments is treated as a liability.

Investment in subsidiary

The investment in subsidiary is stated at cost less provision for impairment.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

61,747

DEPRECIATION

At 1 April 2024

33,705

Charge for year

7,010

At 31 March 2025

40,715

NET BOOK VALUE

At 31 March 2025

21,032

At 31 March 2024

28,042

5.	FIXED ASSET INVESTMENTS

The LLP's investments at the Balance Sheet date in the share capital of companies include the following:

Colina Prateada LDA

Registered office: Portugal

Nature of business: Property holding

%

Class of shares:

holding

Ordinary

100.00

31.12.23

31.12.22

£

£

Aggregate capital and reserves

38,243

42,062

(Loss)/profit for the year

(3,002

)

2,835

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable by instalments

Bank loans more 5 yr by instal

2,409

9,643

7.	RELATED PARTY DISCLOSURES

8.

DEBTORS

Debtors represent amount due from members.