REGISTERED NUMBER: OC330870 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

The Full Moon at Morton LLP

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

546,509

551,464

CURRENT ASSETS

Stocks

9,281

9,322

Debtors

5

21,872

53,240

Cash at bank and in hand

98,460

126,429

129,613

188,991

CREDITORS

Amounts falling due within one year

6

111,735

116,068

NET CURRENT ASSETS

17,878

72,923

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

564,387

624,387

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

297,895

357,895

MEMBERS' OTHER INTERESTS

Capital accounts

266,492

266,492

564,387

624,387

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

297,895

357,895

Members' other interests

266,492

266,492

Amounts due from members

5

(4,876

)

(43,767

)

559,511

580,620

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 August 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 24 February 2026 and were signed by:

H A S Price - Designated member

1.	STATUTORY INFORMATION

The Full Moon at Morton LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC330870

Registered office:

Main Street

Morton

Southwell

Nottinghamshire

NG25 0UT

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

Land and freehold buildings are not depreciated as the value is not expected to reduce. Reviews for impairment are undertaken annually.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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 30 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

627,929

92,389

50,125

1,555

771,998

Additions

-

-

6,850

-

6,850

Disposals

-

-

(1,794

)

-

(1,794

)

At 31 August 2025

627,929

92,389

55,181

1,555

777,054

DEPRECIATION

At 1 September 2024

102,929

83,992

32,156

1,457

220,534

Charge for year

-

3,011

8,696

98

11,805

Eliminated on disposal

-

-

(1,794

)

-

(1,794

)

At 31 August 2025

102,929

87,003

39,058

1,555

230,545

NET BOOK VALUE

At 31 August 2025

525,000

5,386

16,123

-

546,509

At 31 August 2024

525,000

8,397

17,969

98

551,464

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,680

7,841

Other debtors

10,192

45,399

21,872

53,240

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

39,633

37,142

Taxation and social security

38,685

37,211

Other creditors

33,417

41,715

111,735

116,068

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Loans from members

297,895

357,895

Falling due within one year

297,895

357,895

The loan from Price Shepshed Limited, a member of the LLP, amounting to £297,895 (2024 - £357,895) is secured by a debenture dated 19 March 2008 giving a fixed and floating charge over all assets of the LLP.

Loans and other debts due to members rank pari passu with unsecured creditors. There are no restrictions or limitations existing on the ability of the members to reduce the amount of 'members other interests'.