M Lowe Associates LLP

M Lowe Associates LLP
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

M Lowe Associates LLP Accountants' Report For the year ended 31 March 2026
As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2026 and you consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. .................................................... Turner Accountancy Limited 101 Park Street Motherwell ML1 1PF 19 August 2026 1

M Lowe Associates LLP
Accountants' Report
For the year ended 31 March 2026

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2026 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

....................................................

Turner Accountancy Limited
101 Park Street

Motherwell
ML1 1PF
19 August 2026

1

M Lowe Associates LLP
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	6,566	10,866
		6,566	10,866
Current assets
Debtors		1,837	4,940
Cash at bank and in hand		10,065	18,342
		11,902	23,282
Creditors: amount falling due within one year		(1,911)	(4,375)
Net current assets		9,991	18,907

Total assets less current liabilities		16,557	29,773
Net assets		16,557	29,773

Represented by:
Loans and other debts due to members	4	0	4,163
Amounts due from members		(19,088)	0
Members' other interest
Other reserves		35,645	25,610
		35,645	25,610
		16,557	29,773

Total members' interests
Amounts due from members	4	(19,088)	0
Loans and other debts due to members		0	4,163
Members' other interests		35,645	25,610
		16,557	29,773

For the year ending 31 March 2026 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.The LLP has opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account under section 444(1) of the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006 (as applied to LLPs).

These accounts were approved by the members and signed on their behalf by:

.............................................................................
Mr M Lowe
Designated Member
Date approved by the members: 19 August 2026

2

M Lowe Associates LLP
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

M Lowe Associates LLP is a limited liability partnership, registered in Scotland, registration number SO305699, registration address 39 Beauly Crescent, Wishaw, Lanarkshire, ML2 8EG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

estimated useful life.

Motor Vehicles	25% Reducing Balance
Fixtures and Fittings	15% Reducing Balance
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the year was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 April 2025	64,067	2,407	18,857	85,331
Additions	-	-	1,983	1,983
Disposals	(39,028)	-	(12,441)	(51,469)
At 31 March 2026	25,039	2,407	8,399	35,845
Depreciation
At 01 April 2025	57,112	1,760	15,593	74,465
Charge for year	836	97	1,738	2,671
On disposals	(35,416)	-	(12,441)	(47,857)
At 31 March 2026	22,532	1,857	4,890	29,279
Net book values
Closing balance as at 31 March 2026	2,507	550	3,509	6,566
Opening balance as at 01 April 2025	6,955	647	3,264	10,866

4.

Members' Interests

	Other reserves	Loans and other debts due to members less any amounts due from members included in debtors	Total

Balance at 01 April 2025	0	29,773	29,773
Profit for the period available for discretionary division among members	35,645	0	35,645
Members' interests after profit for the period	35,645	29,773	65,418
Repaid to members	0	(48,861)	(48,861)
Balance at 31 March 2026	35,645	(19,088)	16,557

3

Registered Number: SO305699
Scotland
M LOWE ASSOCIATES LLP

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026