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REGISTERED NUMBER: 04515497 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

PHILLIMORE FAMILY PARTNERSHIP LIMITED
PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Property, plant and equipment 5 110,434 127,018
110,434 127,018

CURRENT ASSETS
Inventories 6 5,000 4,500
Debtors 7 19,045 22,717
Cash at bank and in hand 50,742 29,962
74,787 57,179
CREDITORS
Amounts falling due within one year 8 103,536 75,787
NET CURRENT LIABILITIES (28,749 ) (18,608 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
81,685
108,410

PROVISIONS FOR LIABILITIES 9 11,706 15,455
NET ASSETS 69,979 92,955

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 69,879 92,855
SHAREHOLDERS' FUNDS 69,979 92,955

The notes form part of these financial statements

Page 1 continued...
PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by:





Mr M V Phillimore - Director


The notes form part of these financial statements

Page 2
PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


1. STATUTORY INFORMATION

Phillimore Family Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04515497

Registered office: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 50 years
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Page 3 continued...
PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2025


2. ACCOUNTING POLICIES - continued
DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 October 2024
and 30 September 2025 102,000
Amortisation
At 1 October 2024
and 30 September 2025 102,000
Net book value
At 30 September 2025 -
At 30 September 2024 -

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Short Plant and and
leasehold machinery fittings
£    £    £   
Cost
At 1 October 2024 79,510 146,030 3,480
Additions - - -
At 30 September 2025 79,510 146,030 3,480
Depreciation
At 1 October 2024 14,312 85,419 3,480
Charge for year 1,590 15,153 -
At 30 September 2025 15,902 100,572 3,480
Net book value
At 30 September 2025 63,608 45,458 -
At 30 September 2024 65,198 60,611 -

Page 4 continued...
PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2025


5. PROPERTY, PLANT AND EQUIPMENT - continued

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 October 2024 26,823 14,331 270,174
Additions - 700 700
At 30 September 2025 26,823 15,031 270,874
Depreciation
At 1 October 2024 25,726 14,219 143,156
Charge for year 274 267 17,284
At 30 September 2025 26,000 14,486 160,440
Net book value
At 30 September 2025 823 545 110,434
At 30 September 2024 1,097 112 127,018

6. INVENTORIES
2025 2024
£    £   
Stocks 5,000 4,500

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 9,308 12,549
Other debtors 9,737 10,168
19,045 22,717

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 47 63
Trade creditors 4,169 5,847
Taxation and social security 48,706 27,471
Other creditors 50,614 42,406
103,536 75,787

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 11,706 15,455

Page 5 continued...
PHILLIMORE FAMILY PARTNERSHIP LIMITED (REGISTERED NUMBER: 04515497)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2025


9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 October 2024 15,455
Utilised during year (3,749 )
Balance at 30 September 2025 11,706

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary £1 100 100

Page 6