Mike Massey Associates LLP

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: OC399236

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		11,585		15,968

			11,585		15,968
CURRENT ASSETS
Debtors	5	34,066		26,297
Cash at bank and in hand		3		5,987

		34,069		32,284
Creditors: Amounts Falling Due Within One Year	6	(45,654 )		(36,544 )

NET CURRENT ASSETS (LIABILITIES)			(11,585 )		(4,260 )

TOTAL ASSETS LESS CURRENT LIABILITIES			-		11,708

Creditors: Amounts Falling Due After More Than One Year	7		-		(11,708 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			-		-

REPRESENTED BY:
Loans and other debts due to members

			-		-

TOTAL MEMBERS' INTEREST
Amounts due from members			(34,066)		(26,297)

			(34,066)		(26,297)

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Mike Massey Associates LLP

Statement of Financial Position (continued)

As At 30 April 2026

For the year ending 30 April 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 Income Statement.

On behalf of the members

Mr M Massey

Designated Member

8 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Mike Massey Associates LLP is a limited liability partnership, incorporated in England & Wales, registered number OC399236 . The Registered Office is Suite A, 1st Floor, Unit 1 Eurogate Business Park, Ashford, Kent, TN24 8XW.

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. 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:

Motor Vehicles	25% reducing balance basis
Computer Equipment	20% straight line basis

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the LLP. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2025: 1)

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Mike Massey Associates LLP

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 May 2025	36,614	3,197	39,811

As at 30 April 2026	36,614	3,197	39,811

Depreciation
As at 1 May 2025	21,167	2,676	23,843
Provided during the period	3,862	521	4,383

As at 30 April 2026	25,029	3,197	28,226

Net Book Value
As at 30 April 2026	11,585	-	11,585

As at 1 May 2025	15,447	521	15,968

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	34,066	26,297

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,708	5,338
Trade creditors	435	1,387
Other creditors	23,770	18,984
Taxation and social security	9,741	10,835

	45,654	36,544

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	11,708

8. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	11,708	5,338
Later than one year and not later than five years	-	11,708

	11,708	17,046

	11,708	17,046

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