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REGISTERED NUMBER: OC367675 (England and Wales)










REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ADAMS ROW CAPITAL LLP

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


ADAMS ROW CAPITAL LLP

GENERAL INFORMATION
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: A P D Edgley
D F Gardner
A Gardner
R S Orr
M J Orr





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: OC367675 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

REPORT OF THE MEMBERS
for the Year Ended 31 March 2024


The members present their report with the financial statements of the LLP for the year ended 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the year under review was that of acquisition and ownership of investment properties.

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

A P D Edgley
D F Gardner
A Gardner
R S Orr
M J Orr

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £37,418 (2023 - £21,349 profit).

MEMBERS' INTERESTS
Details of changes in members' capital in the period ended 31 March 2023 are set out in the Reconciliation of
Members' Interests.

ON BEHALF OF THE MEMBERS:





D F Gardner - Designated member


12 July 2024

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

INCOME STATEMENT
for the Year Ended 31 March 2024

Period
1.9.22
Year Ended to
31.3.24 31.3.23
Notes £    £   

TURNOVER 41,778 26,461

Administrative expenses 4,361 5,112
OPERATING PROFIT 37,417 21,349

Interest receivable and similar income 1 -
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


37,418


21,349

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


37,418


21,349

Members' remuneration charged as an
expense

4

(37,418

)

(21,349

)
PROFIT FOR THE FINANCIAL YEAR
AVAILABLE FOR DISCRETIONARY
DIVISION AMONG MEMBERS


-


-

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 585,594 585,594

CURRENT ASSETS
Debtors 6 33,866 32,380
Cash at bank 352 1,672
34,218 34,052
CREDITORS
Amounts falling due within one year 7 2,714 3,580
NET CURRENT ASSETS 31,504 30,472
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

617,098

616,066

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

609,400

608,368

MEMBERS' OTHER INTERESTS
Other reserves classed as equity 7,698 7,698
617,098 616,066

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 609,400 608,368
Members' other interests 7,698 7,698
Amounts due from members 6 (27,919 ) (28,180 )
589,179 587,886

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 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.

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

BALANCE SHEET - continued
31 March 2024


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 12 July 2024 and were signed by:





D F Gardner - Designated member

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Adams Row Capital 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.

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. INFORMATION IN RELATION TO MEMBERS
Period
1.9.22
Year Ended to
31.3.24 31.3.23
£    £   
Members' remuneration charged as an expense
Automatic division of profit 37,418 21,349

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 585,594
NET BOOK VALUE
At 31 March 2024 585,594
At 31 March 2023 585,594

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,947 4,200
Amounts due from members 27,919 28,180
33,866 32,380

ADAMS ROW CAPITAL LLP (REGISTERED NUMBER: OC367675)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 780 1,380
Taxation and social security 634 800
Other creditors 1,300 1,400
2,714 3,580

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Loans from members 138,700 138,700
Amounts owed to members in respect of profits 470,700 469,668
609,400 608,368

Falling due within one year 609,400 608,368

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a
winding up.