ACCOUNTS - Final Accounts preparation

Loans and other debts due to members

Company registration number: OC302830

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2026

	STOCKWOOL LLP


STOCKWOOL LLP

INFORMATION

Designated Member

G J Redfern

Members

Stockwool Group LLP

E F Vandeweghe

LLP registered number

OC302830

Registered office

6 Orsman Road, London, N1 5QJ

Accountants

Menzies LLP, 4th Floor, 95 Gresham Street, London, EC2V 7AB


STOCKWOOL LLP

CONTENTS

	Page
Balance Sheet	1 - 2
Reconciliation of Members' Interests	3
Notes to the Financial Statements	4 - 7


STOCKWOOL LLP REGISTERED NUMBER:OC302830

BALANCE SHEET

AS AT 31 MARCH 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		-		473
			-		473
Current assets
Debtors: amounts falling due within one year	5	28,068		62,917
Cash at bank and in hand		604		-
		28,672		62,917
Creditors: amounts falling due within one year	6	(4,380)		(45,110)
Net current assets			24,292		17,807
Total assets less current liabilities			24,292		18,280

Net assets			24,292		18,280

Represented by:
Loans and other debts due to members within one year
Members' capital classified as a liability		100	100
Other amounts	7	24,192	18,180
		24,292	18,280

		24,292	18,280

Total members' interests
Loans and other debts due to members	7	24,292	18,280
		24,292	18,280

Page 1


STOCKWOOL LLP REGISTERED NUMBER:OC302830

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2026

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

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

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 28 July 2026.

G J Redfern

Designated member

The notes on pages 4 to 7 form part of these financial statements.

Stockwool LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of Changes in Equity.

Page 2


STOCKWOOL LLP

RECONCILIATION OF MEMBERS' INTERESTS

FOR THE YEAR ENDED 31 MARCH 2026


	DEBT Loans and other debts due to members less any amounts due from members in debtors
	Members' capital (classified as debt)	Other amounts	Total
	£	£	£
Members' interests after profit for the year	100	(3,881)	(3,781)
Other division of losses	-	(67,142)	(67,142)
Drawings on account and distribution of profit	-	89,203	89,203
Amounts due to members	100	18,180	18,280
Balance at 31 March 2025	100	18,180	18,280
Members' interests after profit for the year	100	18,180	18,280
Other division of losses	-	(31,274)	(31,274)
Drawings on account and distribution of profit	-	37,286	37,286
Amounts due to members	100	24,192	24,292
Balance at 31 March 2026	100	24,192	24,292

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3


STOCKWOOL LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1.	General information

Stockwool LLP is a limited liability partnership, registered in England and Wales, registration number OC302830.
The registered office is displayed on the information page and the trading address is the same as the registered office.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the LLP and the revenue can be reliably measured. Turnover is generated by designing buildings and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Division and distribution of profits

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4


STOCKWOOL LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

2.Accounting policies (continued)

2.4

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Fixtures and fittings	-	25%	Straight line
				Office equipment	-	25%	Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Employees

The average monthly number of employees during the year was 2 (2025 - 2).

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Total
	£	£	£
Cost or valuation
At 1 April 2025	15,630	165,290	180,920
At 31 March 2026	15,630	165,290	180,920
Depreciation
At 1 April 2025	15,630	164,817	180,447
Charge for the year on owned assets	-	473	473
At 31 March 2026	15,630	165,290	180,920
Net book value
At 31 March 2026	-	-	-
At 31 March 2025	-	473	473

Page 5


STOCKWOOL LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Debtors

					2026	2025
					£	£


Trade debtors	25,450	62,917
Other debtors	1,865	-
Amounts recoverable on contracts	753	-
	28,068	62,917

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Bank overdrafts	-	6,493
Bank loans	-	15,625
Trade creditors	4,380	100
Other taxation and social security	-	112
Accruals and deferred income	-	22,780
	4,380	45,110

The bank loan is secured by a fixed and floating charge over the assets of the partnership and other partnerships within the same group.

Page 6


STOCKWOOL LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026


Members' capital treated as debt	(100)	(100)
Other amounts due to members	(24,192)	(18,180)
	(24,292)	(18,280)

Loans and other debts due to members may be further analysed as follows:

					2026	2025
					£	£


Falling due within one year	(24,192)	(18,180)
Falling due after more than one year	(100)	(100)
	(24,292)	(18,280)

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.

8.	Other financial commitments

The LLP has granted a debenture over its assets as security for the parent LLP's overdraft facility. In addition, the LLP has provided an unlimited guarantee in respect of the facility.

Page 7