REGISTERED NUMBER: OC320313 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2026

FOR

HAZLE MCCORMACK YOUNG LLP

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

5

1,034

1,511

Tangible assets

6

169,416

112,804

170,450

114,315

CURRENT ASSETS

Debtors

7

549,541

1,008,938

Cash at bank and in hand

970,279

626,865

1,519,820

1,635,803

CREDITORS

Amounts falling due within one year

8

252,594

787,067

NET CURRENT ASSETS

1,267,226

848,736

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,437,676

963,051

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

1,037,676

563,051

MEMBERS' OTHER INTERESTS

Capital accounts

400,000

400,000

1,437,676

963,051

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

1,037,676

563,051

Members' other interests

400,000

400,000

1,437,676

963,051

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 31 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 8 September 2026 and were signed by:

D R Hall - Designated member

1.	STATUTORY INFORMATION

Hazle McCormack Young LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC320313

Registered office:

Leap House

Frog Lane

Tunbridge Wells

Kent

TN1 1YT

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

4.	EMPLOYEE INFORMATION

The average number of employees during the year was 24 (2025 - 23 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

4,773

AMORTISATION

At 1 April 2025

3,262

Charge for year

477

At 31 March 2026

3,739

NET BOOK VALUE

At 31 March 2026

1,034

At 31 March 2025

1,511

6.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

84,192

141,966

239,014

465,172

Additions

14,774

65,194

61,792

141,760

Disposals

(8,709

)

(76,334

)

(141,987

)

(227,030

)

At 31 March 2026

90,257

130,826

158,819

379,902

DEPRECIATION

At 1 April 2025

83,554

77,902

190,914

352,370

Charge for year

539

20,402

20,777

41,718

Eliminated on disposal

(8,709

)

(45,104

)

(129,789

)

(183,602

)

At 31 March 2026

75,384

53,200

81,902

210,486

NET BOOK VALUE

At 31 March 2026

14,873

77,626

76,917

169,416

At 31 March 2025

638

64,064

48,100

112,802

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

434,080

898,417

Amount recoverable on

contracts

14,273

6,488

Prepayments

101,188

104,033

549,541

1,008,938

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

75,242

58,677

PAYE and social security

23,690

24,258

VAT

98,226

206,336

Other creditors

-

100,000

Wages control account

-

1,024

Staff pension

4,558

3,748

Student loan

787

814

Accruals and deferred income

50,091

392,210

252,594

787,067

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2026

2025

£

£

Amounts owed to members in respect of profits

1,037,676

563,051

Falling due within one year

1,037,676

563,051

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

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests'.