REGISTERED NUMBER: OC307197 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Charnwood Accountants & Business

Advisors LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C D Hutton Limited

A Brocklehurst Limited

S. D. Lathwood Ltd

REGISTERED OFFICE:

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

REGISTERED NUMBER:

OC307197 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Tangible assets

4

50,021

49,407

CURRENT ASSETS

Work in Progress

433,282

549,085

Debtors

5

327,060

506,232

Cash at bank

416,317

211,868

1,176,659

1,267,185

CREDITORS

Amounts falling due within one year

6

848,591

791,211

NET CURRENT ASSETS

328,068

475,974

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

378,089

525,381

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

378,059

525,351

MEMBERS' OTHER INTERESTS

Capital accounts

30

30

378,089

525,381

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

378,059

525,351

Members' other interests

30

30

378,089

525,381

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 2026.

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 6 May 2026 and were signed by:

C D Hutton Limited - Designated member

1.	STATUTORY INFORMATION

Charnwood Accountants & Business Advisors 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 amounts receivable from the supply of services that fall within the ordinary activities of the LLP, excluding value added tax.

Revenue is recognised as activity progresses at full selling price.

Some revenue is invoiced in advance of carrying out the work and some is invoiced in arrears. The value of work to be invoiced is included in work in progress.

Amounts invoiced in advance of carrying out the work are included in creditors as ' amounts invoiced in advance.

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

-

33% on cost and 25% on reducing balance

Work in progress

Work in progress on contracts is valued at anticipated net sales value after provisions for contingencies and anticipated future losses and is included in work in progress.

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 19 (2025 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

100,680

53,011

153,691

Additions

4,927

12,806

17,733

At 31 March 2026

105,607

65,817

171,424

DEPRECIATION

At 1 April 2025

62,165

42,119

104,284

Charge for year

10,613

6,506

17,119

At 31 March 2026

72,778

48,625

121,403

NET BOOK VALUE

At 31 March 2026

32,829

17,192

50,021

At 31 March 2025

38,515

10,892

49,407

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

239,164

424,509

Other debtors

87,896

81,723

327,060

506,232

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Amounts invoiced in advance

494,517

485,682

Trade creditors

65,351

99,290

Taxation and social security

275,288

178,136

Other creditors

13,435

28,103

848,591

791,211

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, members' other interests rank after unsecured creditors. Loans and other debts due to members rank pari passu with unsecured creditors in the event of a winding up. There is no further formal protection afforded to creditors in the event of a winding up.

Members are entitled to repayment of their capital when they retire or when they reduce their level of investment in the LLP.

Profits are allocated between members based on a fixed amount plus an additional share of the remaining profit. The fixed amounts and additional shares are determined at the end of the year, with any undrawn profits included in loans and other debts due to members. At the year end all amounts included in loans and other debts due to members are in respect of profits.