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REGISTERED NUMBER: OC425071 (England and Wales)















REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

EC EL LWB LLP

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


EC EL LWB LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DESIGNATED MEMBERS: J Fletcher
H MacInnes
R Rixson





REGISTERED OFFICE: 17 Savile Row
Mayfair
London
W1S 3PN





REGISTERED NUMBER: OC425071 (England and Wales)





ACCOUNTANTS: Malthouse & Company Chartered Accountants
America House, Rumford Court
Rumford Place
Liverpool
Merseyside
L3 9DD

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

REPORT OF THE MEMBERS
FOR THE YEAR ENDED 31 MARCH 2023


The members present their report with the financial statements of the LLP for the year ended 31 March 2023.

DESIGNATED MEMBERS
The designated members during the year under review were:

J Fletcher
H MacInnes
R Rixson

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The loss for the year before members' remuneration and profit shares was £710,373 (2022 - £1,547 loss).

MEMBERS' INTERESTS
Each Member has contributed to the capital of the LLP in line with the Partnership Agreement. The LLP may return the Capital to the Members upon the winding up or other dissolution of the LLP.

ON BEHALF OF THE MEMBERS:





J Fletcher - Designated member


8 November 2023

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2023

31.3.23 31.3.22
£    £   

TURNOVER - -

Administrative expenses 1,500 1,547
OPERATING LOSS (1,500 ) (1,547 )

Amounts written off investments 708,873 -
LOSS FOR THE FINANCIAL YEAR
BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION
AMONG MEMBERS





(710,373





)





(1,547





)

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 708,874 1,250,370

CURRENT ASSETS
Cash at bank 916 947

CREDITORS
Amounts falling due within one year 5 3,930 73,654
NET CURRENT LIABILITIES (3,014 ) (72,707 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

705,860

1,177,663

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

BALANCE SHEET - continued
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

705,857

1,177,660

MEMBERS' OTHER INTERESTS
Capital accounts 3 3
705,860 1,177,663

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 705,857 1,177,660
Members' other interests 3 3
705,860 1,177,663

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 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 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 8 November 2023 and were signed by:




J Fletcher - Designated member

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

EC EL LWB 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.

3. EMPLOYEE INFORMATION

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

4. FIXED ASSET INVESTMENTS
Loans to
joint
ventures
£   
At 1 April 2022 1,250,370
New in year 167,377
Other movement (708,873 )
At 31 March 2023 708,874

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other creditors 3,930 73,654

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.23 31.3.22
£    £   
Amounts owed to members in respect of profits 705,857 1,177,660

Falling due within one year 705,857 1,177,660

Loans and other debts due to members rank equally to other creditors of the LLP.

EC EL LWB LLP (REGISTERED NUMBER: OC425071)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. MEMBERS' OTHER INTEREST

No Member shall be entitled to have its Capital Contribution returned to them or to otherwise withdraw its Capital Contribution.