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REGISTERED NUMBER: OC395410 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024

FOR

YELLOW TREE CAPITAL PARTNERS LLP

YELLOW TREE CAPITAL PARTNERS LLP (REGISTERED NUMBER: OC395410)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


YELLOW TREE CAPITAL PARTNERS LLP

GENERAL INFORMATION
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024







DESIGNATED MEMBERS: J T Riley
Perth (UK) Limited
Yellow Tree Capital (Developments) Limited





REGISTERED OFFICE: Old Coffee House Yard
London Road
Sevenoaks
Kent
TN13 1AH





REGISTERED NUMBER: OC395410 (England and Wales)





ACCOUNTANTS: Amicus Accountancy Limited
Chartered Certified Accountants
The Stables
Goblands Farm Business Ctre
Cemetery Lane
Hadlow
Kent
TN11 0LT

YELLOW TREE CAPITAL PARTNERS LLP (REGISTERED NUMBER: OC395410)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
CURRENT ASSETS
Stocks - 1,806,980
Debtors 4 282,418 345,521
Prepayments and accrued income - 704
Cash at bank 16,695 10,053
299,113 2,163,258
CREDITORS
Amounts falling due within one year 5 (61,049 ) (11,567 )
NET CURRENT ASSETS 238,064 2,151,691
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

238,064

2,151,691

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

238,064

2,151,691

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 238,064 2,151,691

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 31 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.

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 5 August 2024 and were signed by:





Yellow Tree Capital (Developments) Limited - Designated member

YELLOW TREE CAPITAL PARTNERS LLP (REGISTERED NUMBER: OC395410)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2023 TO 31 MARCH 2024

1. STATUTORY INFORMATION

Yellow Tree Capital Partners 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.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is recognised to the extent that the limited liability partnership obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

Revenue is recognised as earned when the firm obtains the right to consideration in exchange for its performance. Construction is not carried out under contract and therefore there is no right to consideration until production is complete and a contract to purchase is in place.

Stocks
Stock relates to the cost of land and associated costs of its development. Costs includes all direct costs and a proportion of relevant overheads. Impairment is made for any non-recoverable costs if appropriate.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 279,000 -
Other debtors 3,418 345,521
282,418 345,521

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 2,631 700
Other creditors 58,418 10,867
61,049 11,567

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, loans and other debts due to members may be offset against amounts due from members, but would otherwise rank as unsecured creditors. Members' other interests rank after unsecured creditors.