Tasco LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC323364 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

TASCO LLP

Page

General Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DESIGNATED MEMBERS:

Mr A D Worthington

Mr D A J Smith

Mr D R Maskell

REGISTERED OFFICE:

58 Hall Moss Lane

Bramhall

Stockport

Cheshire

SK7 1RD

REGISTERED NUMBER:

OC323364 (England and Wales)

FIXED ASSETS

Investment property

4

828,000

CURRENT ASSETS

Debtors

5

19,893

23,575

Cash at bank

78,157

206,712

98,050

230,287

CREDITORS

Amounts falling due within one year

6

49,308

49,289

NET CURRENT ASSETS

48,742

180,998

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

876,742

1,008,998

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

171,657

303,913

MEMBERS' OTHER INTERESTS

Capital accounts

291,525

Fair value reserve

8

413,560

876,742

1,008,998

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

171,657

303,913

Members' other interests

705,085

876,742

1,008,998

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 31st 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 26th October 2026 and were signed by:

Mr A D Worthington - Designated member

1.	STATUTORY INFORMATION

Tasco 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The following assets are classified as financial instruments - trade debtors, trade creditors, bank loans and members' loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest and subsequently at amortised cost using the effective interest method.

Members' loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 3 (2025 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

and 31st March 2026

828,000

NET BOOK VALUE

At 31st March 2026

828,000

At 31st March 2025

828,000

The fair value of the company's investment property at the year end has been determined by the members.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

19,893

-

Other debtors

-

23,575

19,893

23,575

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

4,438

-

Other creditors

44,870

49,289

49,308

49,289

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

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

8.

RESERVES

Fair

value

reserve

£

At 1st April 2025

413,560

At 31st March 2026

413,560