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REGISTERED NUMBER: OC379769 (England and Wales)












Financial Statements

for the Year Ended 31st March 2023

for

Water Resource Associates LLP

Water Resource Associates LLP (Registered number: OC379769)






Contents of the Financial Statements
for the Year Ended 31st March 2023




Page

General Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Water Resource Associates LLP

General Information
for the Year Ended 31st March 2023







DESIGNATED MEMBERS: Prof P G Whitehead
P A C Holmes
Dr H J E Rodda
P J Baur
B S Piper
M R H F Francis





REGISTERED OFFICE: 2 West Street
Henley On Thames
Oxfordshire
RG9 2DU





REGISTERED NUMBER: OC379769 (England and Wales)





ACCOUNTANTS: Buffery & Co Ltd
2 West Street
Henley On Thames
Oxfordshire
RG9 2DU

Water Resource Associates LLP (Registered number: OC379769)

Abridged Balance Sheet
31st March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 605 -

CURRENT ASSETS
Debtors 46,752 96,869
Cash at bank 83,447 67,875
130,199 164,744
CREDITORS
Amounts falling due within one year 42,273 97,091
NET CURRENT ASSETS 87,926 67,653
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 88,531 67,653

LOANS AND OTHER DEBTS DUE TO MEMBERS 5 78,181 55,453

MEMBERS' OTHER INTERESTS
Capital accounts 10,350 12,200
88,531 67,653

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 78,181 55,453
Members' other interests 10,350 12,200
88,531 67,653

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 2023.

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2023 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 7th November 2023 and were signed by:





Dr H J E Rodda - Designated member

Water Resource Associates LLP (Registered number: OC379769)

Notes to the Financial Statements
for the Year Ended 31st March 2023

1. STATUTORY INFORMATION

Water Resource Associates 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.
Plant and machinery etc - 20% on cost

Tangible fixed assets are initially measured at cost. Tangible fixed assets are subsequently measured at cost less accumulated depreciation and any accumulated impairment loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 689
At 31st March 2023 689
DEPRECIATION
Charge for year 84
At 31st March 2023 84
NET BOOK VALUE
At 31st March 2023 605

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members (other than members' capital classified as debt) would rank pari passu in relation to other creditors.