REGISTERED NUMBER: OC423068 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

Carbot LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

Xerica Limited

Madcat Software Ltd

REGISTERED OFFICE:

24 Lancaster Drive

Derby

Derbyshire

DE65 5JQ

REGISTERED NUMBER:

OC423068 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

CURRENT ASSETS

Debtors

4

-

3,465

Cash at bank

5,498

8,846

5,498

12,311

CREDITORS

Amounts falling due within one year

5

4,333

6,031

NET CURRENT ASSETS

1,165

6,280

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,165

6,280

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,165

6,280

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,165

6,280

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 31st 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 31st July 2026 and were signed by:

Madcat Software Ltd - Designated member

Xerica Limited - Designated member

1.	STATUTORY INFORMATION

Carbot 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.

The financial statements are presented in Pounds Sterling (£), which is the LLP's functional and presentation currency.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the LLP's accounting policies, the designated members are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources.

The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

The following are the critical judgements and key sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year:

Impairment of trade debtors - The LLP makes an estimate of the recoverable value of trade and other debtors. When assessing impairment, management considers factors including the ageing profile of debtors and historical experience.

Turnover

Turnover represents amounts receivable for services provided during the year. Revenue is recognised as the service is performed, based on the stage of completion or when the service has been completed, depending on the nature of the engagement. All turnover is derived from customers based in the United Kingdom.

Financial instruments

The LLP applies Section 11 'Basic Financial Instruments'. Financial instruments are recognised when the LLP becomes party to the contractual provisions.

Financial assets are measured at transaction price less impairment, or at amortised cost where appropriate.

Financial liabilities are measured at transaction price and subsequently at amortised cost where applicable.

Going concern

The financial statements have been prepared on a going concern basis. The members have considered the LLP's financial position and are satisfied that it has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Cash & cash equivalents

Cash comprises cash in hand and demand deposits. Cash equivalents are short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.

Cash and cash equivalents consist solely of balances held in the LLP's bank current account. The LLP does not hold any short-term investments and does not operate an overdraft facility.

3.	EMPLOYEE INFORMATION

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

-

3,465

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

VAT

3,418

5,161

Accrued expenses

915

870

4,333

6,031

6.	LEASING AGREEMENTS

The LLP had no material commitments under non-cancellable operating leases at the balance sheet date.

7.	SECURED DEBTS

The LLP had no secured liabilities at the balance sheet date.

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.26

31.3.25

£

£

Amounts owed to members in respect of profits

1,165

6,280

Falling due within one year

1,165

6,280

Allocated profits are debts due to members which, unless otherwise agreed by the members, rank pari passu with ordinary creditors in the event of a winding up.

9.	CONTINGENT LIABILITIES

The LLP had no contingent liabilities at the balance sheet date.

10.	RELATED PARTY DISCLOSURES

At the balance sheet date, the LLP owed £1,165 (2025: £6,280) to its members.

The balance is unsecured, interest-free and repayable on demand.

11.	POST BALANCE SHEET EVENTS

There have been no events after the balance sheet date affecting the LLP since the financial period.