IRIS Accounts Production v26.1.10.61 OC434425 designated member designated member 1.11.24 31.10.25 31.10.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC434425 2024-10-31 OC434425 2025-10-31 OC434425 2024-11-01 2025-10-31 OC434425 2023-10-31 OC434425 2023-11-01 2024-10-31 OC434425 2024-10-31 OC434425 ns15:EnglandWales 2024-11-01 2025-10-31 OC434425 ns14:PoundSterling 2024-11-01 2025-10-31 OC434425 ns10:PartnerLLP1 2024-11-01 2025-10-31 OC434425 ns10:PartnerLLP2 2024-11-01 2025-10-31 OC434425 ns10:LimitedLiabilityPartnershipLLP 2024-11-01 2025-10-31 OC434425 ns10:SmallEntities 2024-11-01 2025-10-31 OC434425 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 OC434425 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 OC434425 ns10:LimitedLiabilityPartnershipsSORP 2024-11-01 2025-10-31 OC434425 ns10:FullAccounts 2024-11-01 2025-10-31 OC434425 1 2024-11-01 2025-10-31 OC434425 ns10:RegisteredOffice 2024-11-01 2025-10-31 OC434425 ns5:CurrentFinancialInstruments 2025-10-31 OC434425 ns5:CurrentFinancialInstruments 2024-10-31 OC434425 ns5:Non-currentFinancialInstruments 2025-10-31 OC434425 ns5:Non-currentFinancialInstruments 2024-10-31 OC434425 ns5:NetGoodwill 2024-11-01 2025-10-31 OC434425 ns5:IntangibleAssetsOtherThanGoodwill 2024-11-01 2025-10-31 OC434425 ns5:NetGoodwill 2024-10-31 OC434425 ns5:NetGoodwill 2025-10-31 OC434425 ns5:NetGoodwill 2024-10-31 OC434425 ns5:LandBuildings 2024-10-31 OC434425 ns5:PlantMachinery 2024-10-31 OC434425 ns5:LandBuildings 2024-11-01 2025-10-31 OC434425 ns5:PlantMachinery 2024-11-01 2025-10-31 OC434425 ns5:LandBuildings 2025-10-31 OC434425 ns5:PlantMachinery 2025-10-31 OC434425 ns5:LandBuildings 2024-10-31 OC434425 ns5:PlantMachinery 2024-10-31 OC434425 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-10-31 OC434425 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31

REGISTERED NUMBER: OC434425 (England and Wales)

| Accounts & Tax Centre (Southwest) LLP |

| Trading as |

| ATC Advisors |

| Unaudited Financial Statements |

| for the Year Ended 31st October 2025 |

| Accounts & Tax Centre (Southwest) LLP (Registered number: OC434425) |

| Trading as ATC Advisors |

Contents of the Financial Statements

for the Year Ended 31st October 2025

Page |

| General Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Accounts & Tax Centre (Southwest) LLP |

| Trading as ATC Advisors |

General Information

for the Year Ended 31st October 2025

| DESIGNATED MEMBERS: | P J M Stevenson

| Mrs S A Gay

| REGISTERED OFFICE: | Unit 2 Dunheved Court

| Pennygillam Way

| Launceston

| Cornwall

| PL15 7ED

| REGISTERED NUMBER: | OC434425 (England and Wales)

| ACCOUNTANTS: | ATC Advisors

| Chartered Accountants

| Unit 2 Dunheved Court

| Pennygillam Way

| LAUNCESTON

| Cornwall

| PL15 7ED

| Accounts & Tax Centre (Southwest) LLP (Registered number: OC434425) |

| Trading as ATC Advisors |

Balance Sheet

31st October 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 117,534 |  | 125,874 |  |

Tangible assets | 5 | 47,533 |  | 76,461 |  |

165,067 |  | 202,335 |  |

CURRENT ASSETS

Stocks | 284,921 |  | 248,965 |  |

Debtors | 6 | 254,969 |  | 234,396 |  |

Cash at bank and in hand | 266,926 |  | 267,218 |  |

806,816 |  | 750,579 |  |

CREDITORS

Amounts falling due within one year | 7 | 398,907 |  | 381,252 |  |

NET CURRENT ASSETS | 407,909 |  | 369,327 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 572,976 |  | 571,662 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 29,042 |  | 77,783 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 543,934 |  | 493,879 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 9 | 243,934 |  | 193,879 |  |

MEMBERS' OTHER INTERESTS

Capital accounts | 300,000 |  | 300,000 |  |

543,934 |  | 493,879 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 9 | 243,934 |  | 193,879 |  |

Members' other interests | 300,000 |  | 300,000 |  |

543,934 |  | 493,879 |  |

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 October 2025.

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.

| Accounts & Tax Centre (Southwest) LLP (Registered number: OC434425) |

| Trading as ATC Advisors |

Balance Sheet - continued

31st October 2025

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 16th June 2026 and were signed by:

P J M Stevenson - Designated member

Mrs S A Gay - Designated member

| Accounts & Tax Centre (Southwest) LLP (Registered number: OC434425) |

| Trading as ATC Advisors |

Notes to the Financial Statements

for the Year Ended 31st October 2025

1. | STATUTORY INFORMATION

| Accounts & Tax Centre (Southwest) 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2023, 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

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| 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 35 (2024 - 30 ) .

| Accounts & Tax Centre (Southwest) LLP (Registered number: OC434425) |

| Trading as ATC Advisors |

Notes to the Financial Statements - continued

for the Year Ended 31st October 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1st November 2024 | 136,843 |  |

| Additions | 6,026 |  |

| At 31st October 2025 | 142,869 |  |

| AMORTISATION

| At 1st November 2024 | 10,969 |  |

| Charge for year | 14,366 |  |

| At 31st October 2025 | 25,335 |  |

| NET BOOK VALUE

| At 31st October 2025 | 117,534 |  |

| At 31st October 2024 | 125,874 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1st November 2024 | 3,419 |  | 165,309 |  | 168,728 |  |

| Additions | - |  | 3,656 |  | 3,656 |  |

| At 31st October 2025 | 3,419 |  | 168,965 |  | 172,384 |  |

| DEPRECIATION

| At 1st November 2024 | 761 |  | 91,506 |  | 92,267 |  |

| Charge for year | 228 |  | 32,356 |  | 32,584 |  |

| At 31st October 2025 | 989 |  | 123,862 |  | 124,851 |  |

| NET BOOK VALUE

| At 31st October 2025 | 2,430 |  | 45,103 |  | 47,533 |  |

| At 31st October 2024 | 2,658 |  | 73,803 |  | 76,461 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 216,256 |  | 194,985 |  |

| Other debtors | 38,713 |  | 39,411 |  |

254,969 |  | 234,396 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 53,392 |  | 46,026 |  |

| Taxation and social security | 300,983 |  | 293,145 |  |

| Other creditors | 44,532 |  | 42,081 |  |

398,907 |  | 381,252 |  |

| Accounts & Tax Centre (Southwest) LLP (Registered number: OC434425) |

| Trading as ATC Advisors |

Notes to the Financial Statements - continued

for the Year Ended 31st October 2025

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 29,042 |  | 77,783 |  |

9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| The members introduced capital into the business and have retained profits, after taxation. Both these items are treated as debt owed by the business and rank equally with other unsecured creditors.