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REGISTERED NUMBER: OC435378 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

WULSTAN CAPITAL (WARWICK) LLP

WULSTAN CAPITAL (WARWICK) LLP (REGISTERED NUMBER: OC435378)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WULSTAN CAPITAL (WARWICK) LLP

GENERAL INFORMATION
for the year ended 5 April 2024







DESIGNATED MEMBERS: R E Jones
Gamedo Investments Limited
Topmead Limited
Ms C H Tussaud
Hambro House Investments Limited
Ms O C Mayell
Ms K L Harvey
Mrs M L Russell





REGISTERED OFFICE: Dafferns LLP
One Eastwood
Binley Business Park
Coventry
CV3 2UB





REGISTERED NUMBER: OC435378 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

WULSTAN CAPITAL (WARWICK) LLP (REGISTERED NUMBER: OC435378)

BALANCE SHEET
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,782,252 1,760,681

CURRENT ASSETS
Debtors 5 8,320 1,041
Cash at bank 13,671 41,187
21,991 42,228
CREDITORS
Amounts falling due within one year 6 28,814 26,888
NET CURRENT (LIABILITIES)/ASSETS (6,823 ) 15,340
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,775,429

1,776,021

CREDITORS
Amounts falling due after more than one
year

7

840,429

840,264
NET ASSETS ATTRIBUTABLE TO
MEMBERS

935,000

935,757

WULSTAN CAPITAL (WARWICK) LLP (REGISTERED NUMBER: OC435378)

BALANCE SHEET - continued
5 April 2024

2024 2023
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

-

757

MEMBERS' OTHER INTERESTS
Capital accounts 935,000 935,000
935,000 935,757

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 - 757
Members' other interests 935,000 935,000
Amounts due from members 5 (7,279 ) -
927,721 935,757

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 5 April 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.

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 18 July 2024 and were signed by:





R E Jones - Designated member

WULSTAN CAPITAL (WARWICK) LLP (REGISTERED NUMBER: OC435378)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2024

1. STATUTORY INFORMATION

Wulstan Capital (Warwick) 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023 1,760,681
Additions 21,571
At 5 April 2024 1,782,252
NET BOOK VALUE
At 5 April 2024 1,782,252
At 5 April 2023 1,760,681

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,320 1,041

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,423 4,569
Other creditors 24,391 22,319
28,814 26,888

WULSTAN CAPITAL (WARWICK) LLP (REGISTERED NUMBER: OC435378)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 840,264 840,264
Other creditors 165 -
840,429 840,264

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up, amounts in 'Loans and other debts due to members' (other than members' capital classified as debt) would rank pari passu with other creditors who are unsecured. There is no protection afforded to creditors in such an event which is legally enforceable and cannot be revoked solely by a decision of the members.

There are no such restrictions or limitations existing on the ability of the members to reduce the amount of 'Members ' other interests'.