Worktop Distribution Services LLP

REGISTERED NUMBER: SO305613 (Scotland)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

WORKTOP DISTRIBUTION SERVICES LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Mrs T M Earl

S E Earl

REGISTERED OFFICE:

22 Backbrae Street

Kilsyth

Glasgow

G65 0NH

REGISTERED NUMBER:

SO305613 (Scotland)

ACCOUNTANTS:

Curle & Co

Chartered Accountants

22 Backbrae Street

Kilsyth

G65 0NH

BANKERS:

Royal Bank of Scotland

18 Tay Walk

Cumbernauld

G67 1DE

The members present their report with the financial statements of the LLP for the year ended 31 March 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of worktop supply.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mrs T M Earl

S E Earl

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £44,555 (2025 - £2,897 loss).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

S E Earl - Designated member

24 July 2026

TURNOVER

485,194

473,749

Cost of sales

208,074

269,219

GROSS PROFIT

277,120

204,530

Administrative expenses

231,452

203,815

OPERATING PROFIT

4

45,668

715

Interest receivable and similar income

4

3

45,672

718

Interest payable and similar expenses

1,117

3,615

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS

44,555

(2,897

)

FIXED ASSETS

Intangible assets

5

-

10,000

Tangible assets

6

10,613

14,151

10,613

24,151

CURRENT ASSETS

Stocks

7

5,256

4,097

Debtors

8

137,004

179,646

Cash at bank and in hand

10,394

351

152,654

184,094

CREDITORS

Amounts falling due within one year

9

71,414

84,749

NET CURRENT ASSETS

81,240

99,345

TOTAL ASSETS LESS CURRENT
LIABILITIES

91,853

123,496

CREDITORS

Amounts falling due after more than one
year

10

91,853

123,496

NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

8

(132,429

)

(167,244

)

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 24 July 2026 and were signed by:

S E Earl - Designated member

1.	STATUTORY INFORMATION

Worktop Distribution Services LLP is registered in Scotland. 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 and revenue recognition

Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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.

Stocks

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

Financial instruments

The company only has basic financial assets and liabilities of a kind that qualify as basic financial instruments.

Basic financial instruments are initially recognised at transaction value and subsequently measured at their

settlement value.

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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2025 - 3 ) .

4.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.26

31.3.25

£

Depreciation - owned assets

3,538

4,717

Goodwill amortisation

10,000

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

100,000

AMORTISATION

At 1 April 2025

90,000

Amortisation for year

10,000

At 31 March 2026

100,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

10,000

6.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

COST

At 1 April 2025

and 31 March 2026

4,702

53,990

58,692

DEPRECIATION

At 1 April 2025

4,278

40,263

44,541

Charge for year

106

3,432

3,538

At 31 March 2026

4,384

43,695

48,079

NET BOOK VALUE

At 31 March 2026

318

10,295

10,613

At 31 March 2025

424

13,727

14,151

7.

STOCKS

31.3.26

31.3.25

£

Stocks

5,256

4,097

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

4,575

12,402

Amounts due from members

132,429

167,244

137,004

179,646

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

6,210

7,433

Loans

4,800

Hire purchase contracts

-

16,279

Trade creditors

27,297

25,031

Social security and other taxes

(654

)

(654

)

Pensions outstanding

1

340

VAT

8,531

10,807

Accrued expenses

25,229

20,713

71,414

84,749

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans - 2-5 years

19,743

25,232

Loans

72,110

76,910

Hire purchase contracts

-

21,354

91,853

123,496