Report of the Members and

Unaudited Financial Statements for the Year Ended 5 April 2026

for

M U 5039 LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Mr S Murphy

Mrs L Murphy

Mr P W E Dillon

Mr S Rooney

Mr A C Wilson

Ms A Xeroulis

REGISTERED OFFICE:

Unit 3.2

Nottingham South

NG11 7EP

REGISTERED NUMBER:

OC346952 (England and Wales)

ACCOUNTANTS:

LMC Accountants Ltd

Chartered Accountants

73 Stirling Business Centre

Wellgreen Place

Stirling

FK8 2DZ

The members present their report with the financial statements of the LLP for the year ended 5 April 2026.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of martial arts

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr S Murphy

Mrs L Murphy

Mr P W E Dillon

Mr S Rooney

Mr A C Wilson

Ms A Xeroulis

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £195,174 (2025 - £158,322 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr S Murphy - Designated member

17 September 2026

TURNOVER

337,641

308,783

Cost of sales

44,032

43,045

GROSS PROFIT

293,609

265,738

Administrative expenses

96,733

101,994

OPERATING PROFIT

4

196,876

163,744

Interest payable and similar expenses

1,702

5,422

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

195,174

158,322

FIXED ASSETS

Tangible assets

5

68,124

90,832

CURRENT ASSETS

Debtors

6

44,428

37,569

Cash at bank

26,375

24,929

70,803

62,498

CREDITORS

Amounts falling due within one year

7

72,775

72,437

NET CURRENT LIABILITIES

(1,972

)

(9,939

)

TOTAL ASSETS LESS CURRENT LIABILITIES

66,152

80,893

CREDITORS

Amounts falling due after more than one year

8

66,152

80,893

NET LIABILITIES ATTRIBUTABLE TO MEMBERS

-

-

LOANS AND OTHER DEBTS DUE TO MEMBERS

-

-

TOTAL MEMBERS' INTERESTS

Amounts due from members

6

(42,928

)

(36,069

)

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 5 April 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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 17 September 2026 and were signed by:

Mr S Murphy - Designated member

1.	STATUTORY INFORMATION

M U 5039 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.

Tangible fixed assets

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

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.

3.	EMPLOYEE INFORMATION

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

4.	OPERATING PROFIT

The operating profit is stated after charging:

5.4.26

5.4.25

£

£

Depreciation - owned assets

22,708

30,277

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2025

and 5 April 2026

155,900

DEPRECIATION

At 6 April 2025

65,068

Charge for year

22,708

At 5 April 2026

87,776

NET BOOK VALUE

At 5 April 2026

68,124

At 5 April 2025

90,832

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

£

Other debtors

44,428

37,569

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

£

Hire purchase contracts

14,741

16,456

Trade creditors

-

1

Other creditors

58,034

55,980

72,775

72,437

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.26

5.4.25

£

£

Hire purchase contracts

66,152

80,893