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REGISTERED NUMBER: 10328716 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

THE LWM PARTNERSHIP LIMITED

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE LWM PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: J R Lipper





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 10328716 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 104,241 7,194
Investments 5 218,728 257,069
Investment property 6 250,000 250,000
572,969 514,263

CURRENT ASSETS
Debtors 7 473,616 309,468
Cash at bank 19,333 12,621
492,949 322,089
CREDITORS
Amounts falling due within one year 8 90,662 179,915
NET CURRENT ASSETS 402,287 142,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

975,256

656,437

CREDITORS
Amounts falling due after more than one
year

9

(260,962

)

(190,069

)

PROVISIONS FOR LIABILITIES (7,998 ) (7,998 )
NET ASSETS 706,296 458,370

CAPITAL AND RESERVES
Called up share capital 10 1 1
Other reserves 23,995 23,995
Retained earnings 682,300 434,374
SHAREHOLDERS' FUNDS 706,296 458,370

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

BALANCE SHEET - continued
31 AUGUST 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 August 2024 and were signed by:





J R Lipper - Director


THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

The LWM Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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 company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022 13,270
Additions 118,685
At 31 August 2023 131,955
DEPRECIATION
At 1 September 2022 6,076
Charge for year 21,638
At 31 August 2023 27,714
NET BOOK VALUE
At 31 August 2023 104,241
At 31 August 2022 7,194

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 September 2022 222 256,847 257,069
Disposals - (662 ) (662 )
Impairments - (37,679 ) (37,679 )
At 31 August 2023 222 218,506 218,728
NET BOOK VALUE
At 31 August 2023 222 218,506 218,728
At 31 August 2022 222 256,847 257,069

Cost or valuation at 31 August 2023 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2023 222 218,506 218,728

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 250,000
NET BOOK VALUE
At 31 August 2023 250,000
At 31 August 2022 250,000

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2022 250,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 473,616 309,468

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,407 20,407
Trade creditors 3,037 17,284
Taxation and social security 81,218 141,224
Other creditors 1,000 1,000
90,662 179,915

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 165,069 190,069
Hire purchase contracts 95,893 -
260,962 190,069

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 95,893 -

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

2023 2022
£    £   
J R Lipper
Balance outstanding at start of year 217,359 -
Amounts advanced 68,085 217,359
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 285,444 217,359