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REGISTERED NUMBER: OC401949 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Shambrook Wilson LLP

Shambrook Wilson LLP (Registered number: OC401949)






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


Shambrook Wilson LLP

General Information
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: Mrs J Shambrook
G Wilson





REGISTERED OFFICE: 4 Woodlands Close
Oswestry
Shropshire, England
SY11 2TX





REGISTERED NUMBER: OC401949 (England and Wales)






Shambrook Wilson LLP (Registered number: OC401949)

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.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of Property

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

Mrs J Shambrook
G Wilson

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £4,962 (2022 - £1,274 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





Mrs J Shambrook - Designated member


23 November 2023

Shambrook Wilson LLP (Registered number: OC401949)

Income Statement
for the Year Ended 31 March 2023

31.3.23 31.3.22
£    £   

TURNOVER - -

Cost of sales 28 -
GROSS LOSS (28 ) -

Administrative expenses 3,710 12,741
(3,738 ) (12,741 )

Other operating income 8,700 14,015
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION
AMONG MEMBERS





4,962





1,274

Shambrook Wilson LLP (Registered number: OC401949)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 205,000 205,000

CURRENT ASSETS
Cash at bank 9,519 8,142

CREDITORS
Amounts falling due within one year 5 963 964
NET CURRENT ASSETS 8,556 7,178
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

213,556

212,178

LOANS AND OTHER DEBTS DUE
TO MEMBERS

6

213,556

212,178

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

6

213,556

212,178

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.

Shambrook Wilson LLP (Registered number: OC401949)

Balance Sheet - continued
31 March 2023


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 23 November 2023 and were signed by:





Mrs J Shambrook - Designated member

Shambrook Wilson LLP (Registered number: OC401949)

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

1. STATUTORY INFORMATION

Shambrook Wilson 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 as modified by the revaluation of certain assets.

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

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 205,000
NET BOOK VALUE
At 31 March 2023 205,000
At 31 March 2022 205,000

Cost or valuation at 31 March 2023 is represented by:

Land and
buildings
£   
2023

Shambrook Wilson LLP (Registered number: OC401949)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS - continued

If investment property had not been revalued they would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 205,000 700,000

Investment properties were valued on an open market basis on by an estate agent .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - 1
Other creditors 963 963
963 964

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

The Loans and other debts due to members would rank below any secured financial mortgages on properties in the portfolio.