REGISTERED NUMBER: OC307515 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MGR WESTON KAY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

N J Walfisz

T S Sharman

N Muir

S Yardley

L C Warde

J Calitchi

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

OC307515 (England and Wales)

AUDITORS:

SCCA Ltd T/A Stafford & Co

Chartered Accountants

Statutory Auditor

3 The Studios

320 Chorley Old Road

Bolton

BL1 4JU

FIXED ASSETS

Tangible assets

4

121,505

171,301

CURRENT ASSETS

Debtors

5

4,951,776

5,775,428

Cash at bank and in hand

7,192

153,402

4,958,968

5,928,830

CREDITORS

Amounts falling due within one year

6

(1,692,366

)

(2,016,147

)

NET CURRENT ASSETS

3,266,602

3,912,683

TOTAL ASSETS LESS CURRENT LIABILITIES

3,388,107

4,083,984

CREDITORS

Amounts falling due after more than one year

7

(27,625

)

(98,700

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

3,360,482

3,985,284

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

1,551,017

2,095,819

MEMBERS' OTHER INTERESTS

Capital accounts

1,809,465

1,889,465

3,360,482

3,985,284

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

1,551,017

2,095,819

Members' other interests

1,809,465

1,889,465

3,360,482

3,985,284

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 18 August 2026 and were signed by:

N Muir - Designated member

1.	STATUTORY INFORMATION

MGR Weston Kay 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 prepared in sterling, which is the functional currency of the LLP. Monetary amounts in these financial statements are rounded to the nearest £.

The principal accounting policies adopted are set out below:

Turnover

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

Turnover is recognised when the LLP obtains the right to consideration in exchange for its performance of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

25% straight line

Plant and machinery etc

-

33% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the profit and loss account.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classed as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Members' participating rights

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within ‘Members' remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members’ interests.

Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

1,021,224

836,656

1,857,880

Additions

-

11,172

11,172

Disposals

-

(15,116

)

(15,116

)

At 31 December 2025

1,021,224

832,712

1,853,936

DEPRECIATION

At 1 January 2025

1,021,224

665,355

1,686,579

Charge for year

-

60,968

60,968

Eliminated on disposal

-

(15,116

)

(15,116

)

At 31 December 2025

1,021,224

711,207

1,732,431

NET BOOK VALUE

At 31 December 2025

-

121,505

121,505

At 31 December 2024

-

171,301

171,301

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

1,893,836

1,943,862

Amounts owed by group undertakings

1,092,178

1,583,168

Other debtors

1,965,762

2,248,398

4,951,776

5,775,428

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

437,778

238,277

Trade creditors

244,304

180,722

Amounts owed to group undertakings

474,880

556,954

Taxation and social security

323,015

806,269

Other creditors

212,389

233,925

1,692,366

2,016,147

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

27,625

98,700

8.	SECURED DEBTS

There is a fixed and floating charge over the limited liability partnership's assets in respect of banking facilities provided to the Attention To Finance Group Limited group.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Stafford BA (Hons) FCA (Senior Statutory Auditor)

for and on behalf of SCCA Ltd T/A Stafford & Co

11.	ULTIMATE CONTROLLING PARTY

The limited liability partnership is controlled by the members. No single member has control.