REGISTERED NUMBER: OC429795 (England and Wales)

Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

R A W Clark LLP

Page

General Information

1

Report of the Members

2

Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

7

DESIGNATED MEMBERS:

J Quarry

A Tulip

REGISTERED OFFICE:

35 Newgate Street

Morpeth

Northumberland

NE61 1AT

REGISTERED NUMBER:

OC429795 (England and Wales)

ACCOUNTANTS:

Thornton Accountancy Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of Solicitors

DESIGNATED MEMBERS

The designated members during the year under review were:

J Quarry

A Tulip

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £534,730 (2024 - £347,115 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

D Jackson - Designated member

12 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of R A W Clark LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

This report is made solely to the members of R A W Clark LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R A W Clark LLP and state those matters that we have agreed to state to the members of R A W Clark LLP, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that R A W Clark LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R A W Clark LLP. You consider that R A W Clark LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R A W Clark LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Thornton Accountancy Ltd

87 Station Road

Ashington

Northumberland

NE63 8RS

12 December 2025

TURNOVER

2,735,100

2,446,719

Cost of sales

1,197,243

1,063,895

GROSS PROFIT

1,537,857

1,382,824

Administrative expenses

1,080,119

1,048,471

457,738

334,353

Other operating income

106,194

88,316

OPERATING PROFIT

4

563,932

422,669

Interest payable and similar expenses

29,202

75,554

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

534,730

347,115

FIXED ASSETS

Tangible assets

5

372,967

408,405

CURRENT ASSETS

Debtors

6

110,233

237,799

Cash at bank and in hand

465,053

211,527

575,286

449,326

CREDITORS

Amounts falling due within one year

7

468,166

475,668

NET CURRENT ASSETS/(LIABILITIES)

107,120

(26,342

)

TOTAL ASSETS LESS CURRENT LIABILITIES

480,087

382,063

CREDITORS

Amounts falling due after more than one year

8

236,335

382,063

NET ASSETS ATTRIBUTABLE TO MEMBERS

243,752

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

243,752

-

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

243,752

-

Amounts due from members

6

-

(191,644

)

243,752

(191,644

)

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 12 December 2025 and were signed by:

D Jackson - Designated member

1.	STATUTORY INFORMATION

R A W Clark 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 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% on reducing balance per annum and 15% on reducing balance per annum

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 - 22 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

Period

1/5/23

Year Ended

to

31/3/25

31/3/24

£

£

Depreciation - owned assets

35,438

41,747

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

258,776

310,740

569,516

DEPRECIATION

At 1 April 2024

-

161,111

161,111

Charge for year

-

35,438

35,438

At 31 March 2025

-

196,549

196,549

NET BOOK VALUE

At 31 March 2025

258,776

114,191

372,967

At 31 March 2024

258,776

149,629

408,405

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

92,760

30,772

Other debtors

17,473

207,027

110,233

237,799

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

39,462

39,462

Taxation and social security

159,882

137,752

Other creditors

268,822

298,454

468,166

475,668

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

50,379

89,883

Other creditors

185,956

292,180

236,335

382,063