Hodgson Brothers LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: OC327341

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		15,000		16,000
Tangible Assets	5		51,515		51,857

			66,515		67,857
CURRENT ASSETS
Debtors	6	19,826		14,420
Cash at bank and in hand		3,262		3,262

		23,088		17,682
Creditors: Amounts Falling Due Within One Year	7	(13,350 )		(10,102 )

NET CURRENT ASSETS (LIABILITIES)			9,738		7,580

TOTAL ASSETS LESS CURRENT LIABILITIES			76,253		75,437

Creditors: Amounts Falling Due After More Than One Year	8		(13,526 )		(17,740 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			62,727		57,697

REPRESENTED BY:
Loans and other debts due to members
Other amounts		22,727		17,697

			22,727		17,697

Equity
Members' other interests
Members' capital		40,000		40,000

			40,000		40,000

			62,727		57,697

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			22,727		17,697
Members' other interests			40,000		40,000

			62,727		57,697

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Hodgson Brothers LLP

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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 Profit and Loss Account.

On behalf of the members

Mr C J Hodgson

Designated Member

28/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Hodgson Brothers LLP is a limited liability partnership, incorporated in England & Wales, registered number OC327341 . The Registered Office is 28 Carre Street, Sleaford, Lincolnshire, NG34 7TR.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 20 years.

2.4. 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:

Freehold	Cost or valuation
Fixtures & Fittings	10% on reducing balance

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 1 (2024: 1)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 November 2024	20,000

As at 31 October 2025	20,000

...CONTINUED

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Hodgson Brothers LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Amortisation
As at 1 November 2024	4,000
Provided during the period	1,000

As at 31 October 2025	5,000

Net Book Value
As at 31 October 2025	15,000

As at 1 November 2024	16,000

5. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 November 2024	48,000	8,097	56,097

As at 31 October 2025	48,000	8,097	56,097

Depreciation
As at 1 November 2024	-	4,240	4,240
Provided during the period	-	342	342

As at 31 October 2025	-	4,582	4,582

Net Book Value
As at 31 October 2025	48,000	3,515	51,515

As at 1 November 2024	48,000	3,857	51,857

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,598	8,523
Other debtors	12,228	5,897

	19,826	14,420

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	67	249
Bank loans and overdrafts	7,600	2,121
Other creditors	5,613	7,669
Taxation and social security	70	63

	13,350	10,102

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Hodgson Brothers LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

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

	2025	2024
	£	£
Bank loans	-	1,167
Amounts owed to participating interests	13,526	16,573

	13,526	17,740

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