REGISTERED NUMBER: NC001210 (Northern Ireland)

PHILIP RODGERS DESIGN LLP

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Designated members:

Philip Rodgers

Timothy Rodgers

Registered office:

30 Northland Row

Dungannon

Co. Tyrone

BT71 6AP

Registered number:

NC001210 (Northern Ireland)

Accountants:

Cooper Parry Advisory Limited

Unit 7, Dyehouse

Linen Green

Dungannon

BT71 7HB

Non-current assets

Property, plant and equipment

5

63,941

62,978

Current assets

Inventories

6

165,906

138,639

Receivables

7

21,669

20,364

Cash at bank and in hand

113,709

150,748

301,284

309,751

Payables

Amounts falling due within one year

8

75,319

100,987

Net current assets

225,965

208,764

Total assets less current liabilities

289,906

271,742

Payables

Amounts falling due after more than one year

9

35,465

25,490

Net assets attributable to members

254,441

246,252

Loans and other debts due to members

10

254,441

246,252

Total members' interests

Loans and other debts due to members

10

254,441

246,252

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 12 August 2026 and were signed by:

Philip Rodgers - Designated member

1.	Statutory information

Philip Rodgers Design LLP is registered in Northern Ireland. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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. The financial statements of the LLP have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", applying Section 1A of the Standard, issued by the Financial Reporting Council and in accordance with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the LLP's financial statements.

Tangible fixed assets

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

Plant and machinery - 15% reducing balance

Fixtures and fittings - 25% reducing balance

Motor vehicles - 25% reducing balance

Inventories

Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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.

Revenue

The revenue shown in the profit and loss account represents amounts received or receivable for goods and services provided in the normal course of business, exclusive of Value Added Tax.

Members' remuneration

Members' remuneration is treated as a charge against profits. It includes profits that are automatically divided between members by virtue of the members' agreement. A member's share in the profit and loss for the year is accounted for as an allocation of profits.

Cash flow statement

The LLP has availed of the exemption in FRS 102 from the requirement to produce a cash flow statement because it is classed as a small LLP.

4.	Employee information

The average number of employees during the year was 4 (2025 - 5 ) .

5.	Property, plant and equipment

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 April 2025

25,403

9,990

78,000

113,393

Additions

-

859

70,495

71,354

Disposals

-

-

(78,000

)

(78,000

)

At 31 March 2026

25,403

10,849

70,495

106,747

Depreciation

At 1 April 2025

18,815

5,730

25,870

50,415

Charge for year

989

1,118

16,155

18,262

Eliminated on disposal

-

-

(25,871

)

(25,871

)

At 31 March 2026

19,804

6,848

16,154

42,806

Net book value

At 31 March 2026

5,599

4,001

54,341

63,941

At 31 March 2025

6,588

4,260

52,130

62,978

6.	Inventories

2026

2025

£

£

Work-in-progress

165,906

138,639

7.	Receivables

2026

2025

£

£

Trade receivables

19,379

18,259

VAT

2,290

2,105

21,669

20,364

8.	Payables less than one year

2026

2025

£

£

Loans

7,017

10,061

Hire purchase contracts

4,823

11,500

Trade payables

40,252

54,202

Social security and other taxes

3,056

2,527

Pension payable

533

612

Other payables

4,426

7,077

Accruals and deferred income

15,212

15,008

75,319

100,987

9.	Payables more than one year

2026

2025

£

£

Loans

-

7,282

Hire purchase contracts

35,465

18,208

35,465

25,490

10.

Loans and other debts due to members

Loans and other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.