REGISTERED NUMBER: OC309374 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

DESIGNATE ADVERTISING LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Designate Advertising (UK) Ltd

A W Hill

REGISTERED OFFICE:

4 St Georges Place

Brighton

East Sussex

BN1 4GA

REGISTERED NUMBER:

OC309374 (England and Wales)

ACCOUNTANTS:

Galloways Accounting Limited

15 West Street

Brighton

East Sussex

BN1 2RL

CURRENT ASSETS

Debtors

6

902,383

1,353,148

Cash at bank

1,103

3,904

903,486

1,357,052

CREDITORS

Amounts falling due within one year

7

46,282

497,985

NET CURRENT ASSETS

857,204

859,067

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

857,204

859,067

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

857,204

859,067

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

857,204

859,067

Amounts due from members

6

(898,761

)

(1,080,792

)

(41,557

)

(221,725

)

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 December 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 4 June 2026 and were signed by:

A W Hill - Designated member

1.	STATUTORY INFORMATION

Designate Advertising LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.

Improvements to property

-

Over the term of the lease

Plant and machinery

-

33% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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.

3.	EMPLOYEE INFORMATION

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

580,232

Disposals

(580,232

)

At 31 December 2025

-

AMORTISATION

At 1 January 2025

580,232

Eliminated on disposal

(580,232

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

154,264

Disposals

(154,264

)

At 31 December 2025

-

DEPRECIATION

At 1 January 2025

154,264

Eliminated on disposal

(154,264

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

902,383

1,353,148

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

313

-

Other creditors

45,969

497,985

46,282

497,985

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

70,800

Between one and five years

-

194,919

-

265,719

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up the amounts included in "Loans and other debts due to members" will rank

equally with unsecured creditors.

10.	RELATED PARTY DISCLOSURES

Designate Communications Limited

During the year, Designate Advertising LLP decreased their loan from the company. As at 31 December 2025, Designate Advertising LLP owed Designate Communications Limited £44,686 (2024: £443,141) . All transactions were undertaken on a commercial arms length basis and any outstanding amounts are interest free and repayable on demand.

I.P.M SIPP Administration Limited

Also, during the year, Designate Advertising LLP was charged £39,333 (2024: £59,000) in respect of rent to I.P.M SIPP Administration an organisation in which Mr A W Hill has an interest. The balance due to I.P.M SIPP Administration at 31 December 2025 was £nil (2024: £Nil).