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REGISTERED NUMBER: OC359685 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30th November 2023

for

Portland West Developments LLP

Portland West Developments LLP (Registered number: OC359685)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Portland West Developments LLP

General Information
for the Year Ended 30th November 2023







DESIGNATED MEMBERS: E P Malden
P J Malden





REGISTERED OFFICE: 2 Chantry Street
Andover
Hampshire
SP10 1DE





REGISTERED NUMBER: OC359685 (England and Wales)





ACCOUNTANTS: Wheeler & Co Ltd
Chartered Accountants
The Shrubbery
14 Church Street
Whitchurch
Hampshire
RG28 7AB

Portland West Developments LLP (Registered number: OC359685)

Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £   
CURRENT ASSETS
Stocks 57,757 8,379
Debtors 5 3,163 2,541
Cash at bank 272 35
61,192 10,955
CREDITORS
Amounts falling due within one year 6 1,796 10,955
NET CURRENT ASSETS 59,396 -
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

59,396

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

59,396

-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 59,396 -
Amounts due from members 5 - (220 )
59,396 (220 )

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 30th November 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.

Portland West Developments LLP (Registered number: OC359685)

Balance Sheet - continued
30th November 2023


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 22nd February 2024 and were signed by:





E P Malden - Designated member

Portland West Developments LLP (Registered number: OC359685)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Portland West Developments 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 - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022
and 30th November 2023 1,771
DEPRECIATION
At 1st December 2022
and 30th November 2023 1,771
NET BOOK VALUE
At 30th November 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Amounts due from members - 220
Other debtors 600 600
VAT 2,563 1,721
3,163 2,541

Portland West Developments LLP (Registered number: OC359685)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors - 10,055
Social security and other taxes 696 -
Accrued expenses 1,100 900
1,796 10,955

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

All other creditors take priority over the members' interests.