REGISTERED NUMBER: OC353551 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Tomkinson Teal (Lichfield) LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

K A ONeill

S D Ault

C T Palmer

REGISTERED OFFICE:

Hanover Court

5 Queen Street

Lichfield

Staffordshire

WS13 6QD

REGISTERED NUMBER:

OC353551 (England and Wales)

FIXED ASSETS

Intangible assets

4

163,000

200,400

Tangible assets

5

-

-

163,000

200,400

CURRENT ASSETS

Stocks

181,763

168,108

Debtors

6

482,732

262,809

Cash at bank and in hand

139,845

45,446

804,340

476,363

CREDITORS

Amounts falling due within one year

7

(913,622

)

(596,542

)

NET CURRENT LIABILITIES

(109,282

)

(120,179

)

TOTAL ASSETS LESS CURRENT LIABILITIES

53,718

80,221

CREDITORS

Amounts falling due after more than one year

8

-

(1,250

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

53,718

78,971

LOANS AND OTHER DEBTS DUE TO MEMBERS

53,718

78,971

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

53,718

78,971

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 2026.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 15 June 2026 and were signed by:

K A ONeill - Designated member

S D Ault - Designated member

1.	STATUTORY INFORMATION

Tomkinson Teal (Lichfield) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011. Amortisation has been provided in the year, and is reviewed on an annual basis.

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 each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

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 (2025 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

374,000

AMORTISATION

At 1 April 2025

173,600

Charge for year

37,400

At 31 March 2026

211,000

NET BOOK VALUE

At 31 March 2026

163,000

At 31 March 2025

200,400

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

167,714

DEPRECIATION

At 1 April 2025

and 31 March 2026

167,714

NET BOOK VALUE

At 31 March 2026

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

428,473

239,515

Other debtors

54,259

23,294

482,732

262,809

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

1,666

10,417

Trade creditors

77,436

13,429

Amounts owed to participating interests

675,751

554,396

Taxation and social security

53,560

-

Other creditors

105,209

18,300

913,622

596,542

Included in creditors is a balance of £675,751, (2025 - £554,396) due to Tomkinson Teal Limited, a company controlled by the Partners.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

1,250