Keoghs Nicholls Lindsell & Harris LLP

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: OC414820

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		4,439		2,542

			4,439		2,542
CURRENT ASSETS
Stocks		245,837		184,575
Debtors		270,464		308,933
Cash at bank and in hand		153		88

		516,454		493,596
Creditors: Amounts Falling Due Within One Year		(382,772 )		(338,444 )

NET CURRENT ASSETS (LIABILITIES)			133,682		155,152

TOTAL ASSETS LESS CURRENT LIABILITIES			138,121		157,694

Creditors: Amounts Falling Due After More Than One Year			(40,121 )		(35,833 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			98,000		121,861

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		90,200		114,061
Other amounts		7,800		7,800

			98,000		121,861

			98,000		121,861

TOTAL MEMBERS' INTEREST
Amounts due from members			(164,183)		(228,884)
Loans and other debts due to members within one year			98,000		121,861

			(66,183)		(107,023)

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Keoghs Nicholls Lindsell & Harris LLP

Abridged Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

All of the LLP's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the members

Mrs R C Faulkner Designated Member	Mrs L Wilkinson Designated Member
3rd June 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Keoghs Nicholls Lindsell & Harris LLP is a limited liability partnership, incorporated in England & Wales, registered number OC414820 . The Registered Office is 21-23 Market Street, Altrincham, Cheshire, WA14 1QT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	5 years
Computer Equipment	3 years

2.5. Stocks and Work in Progress

Work in progress is valued at net realisable value after making due allowance for balances considered not to be recoverable.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 20 (2025: 18)

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Keoghs Nicholls Lindsell & Harris LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Intangible Assets

	Total
	£
Cost
As at 1 April 2025	150,000

As at 31 March 2026	150,000

Amortisation
As at 1 April 2025	150,000

As at 31 March 2026	150,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	95,994
Additions	7,114

As at 31 March 2026	103,108

Depreciation
As at 1 April 2025	93,452
Provided during the period	5,217

As at 31 March 2026	98,669

Net Book Value
As at 31 March 2026	4,439

As at 1 April 2025	2,542

6. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	328,817		260,589

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Keoghs Nicholls Lindsell & Harris LLP

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

7. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	127,315	105,744
Later than one year and not later than five years	400,790	333,483
Later than five years	864,300	864,300

	1,392,405	1,303,527

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