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REGISTERED NUMBER: SO303060 (Scotland)







Unaudited Financial Statements

For The Period

1st November 2022 to 31st March 2024

for

Pinewood Portfolio Management LLP

Pinewood Portfolio Management LLP (Registered number: SO303060)






Contents of the Financial Statements
For The Period 1st November 2022 to 31st March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Pinewood Portfolio Management LLP

General Information
For The Period 1st November 2022 to 31st March 2024







DESIGNATED MEMBERS: J S Fordyce
G Hume
Ceann Tire Capital Limited
Rowanwood Capital Limited





REGISTERED OFFICE: 14 Arx House
9 James Watt Avenue
Scottish Enterprise Tech Pk
East Kilbride
Lanarkshire
G75 0QD





REGISTERED NUMBER: SO303060 (Scotland)





ACCOUNTANTS: J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP

Pinewood Portfolio Management LLP (Registered number: SO303060)

Balance Sheet
31st March 2024

2024 2022
Notes £ £
CURRENT ASSETS
Debtors 5 - 3,336
Cash at bank and in hand 109,378 91,490
109,378 94,826
CREDITORS
Amounts falling due within one year 6 (3,301 ) (1,650 )
NET CURRENT ASSETS 106,077 93,176
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

106,077

93,176

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

106,077

93,176

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 106,077 93,176

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 period ended 31st March 2024.

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.

Pinewood Portfolio Management LLP (Registered number: SO303060)

Balance Sheet - continued
31st March 2024


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 9th July 2024 and were signed by:




J S Fordyce - Designated member




G Hume - Designated member


Pinewood Portfolio Management LLP (Registered number: SO303060)

Notes to the Financial Statements
For The Period 1st November 2022 to 31st March 2024

1. STATUTORY INFORMATION

Pinewood Portfolio Management LLP is registered in Scotland. 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st November 2022
and 31st March 2024 3,990
DEPRECIATION
At 1st November 2022
and 31st March 2024 3,990
NET BOOK VALUE
At 31st March 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£ £
Other debtors - 3,336

Pinewood Portfolio Management LLP (Registered number: SO303060)

Notes to the Financial Statements - continued
For The Period 1st November 2022 to 31st March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£ £
Taxation and social security 608 -
Other creditors 2,693 1,650
3,301 1,650

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Members capital will rank below any other debts due.

Pinewood Portfolio Management LLP

Report of the Accountants to the Members of
Pinewood Portfolio Management LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31st March 2024 set out on pages three to seven and you consider that the LLP is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






J S Mackie & Co Ltd
8 Douglas Street
Hamilton
Lanarkshire
ML3 0BP


9th July 2024