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REGISTERED NUMBER: OC397696 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Woodhill Property Rentals LLP

Woodhill Property Rentals LLP (Registered number: OC397696)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Woodhill Property Rentals LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: A Dowden
Mrs M Dowden





REGISTERED OFFICE: 5A Woodhill Road
Portishead
North Somerset
BS20 7EU





REGISTERED NUMBER: OC397696 (England and Wales)





ACCOUNTANTS: Stanley Joseph Limited
Chartered Accountants
Suite 1
Liberty House
South Liberty Lane
Bristol
BS3 2ST

Woodhill Property Rentals LLP (Registered number: OC397696)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 - -
Investment property 5 1,319,309 1,319,309
1,319,309 1,319,309

CURRENT ASSETS
Debtors 6 3,951 1,337
Cash at bank 19,973 9,514
23,924 10,851
CREDITORS
Amounts falling due within one year 7 4,328 3,242
NET CURRENT ASSETS 19,596 7,609
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,338,905

1,326,918

Woodhill Property Rentals LLP (Registered number: OC397696)

Statement of Financial Position - continued
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

1,338,905

1,326,918

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 1,338,905 1,326,918

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.

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 10 September 2024 and were signed by:




Mrs M Dowden - Designated member



A Dowden - Designated member


Woodhill Property Rentals LLP (Registered number: OC397696)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Woodhill Property Rentals 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.

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 cost

Investment property
Investment properties are recorded at cost or valuation. No depreciation is provided on freehold properties as such assets are not held for consumption, but as investments, and the properties are well maintained and externally valued on a regular open market basis.

Any surplus or deficit arising on revaluing investment properties is recognised in the profit and loss account. Disposals are recognised on completion. Profits and losses arising are recognised through the profit and loss account; the profit on disposal is determined as the difference between the sales proceeds and the carrying amount of the asset at the commencement of the accounting period plus additions in the period.

3. EMPLOYEE INFORMATION

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

Woodhill Property Rentals LLP (Registered number: OC397696)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 2,690
DEPRECIATION
At 1 April 2023
and 31 March 2024 2,690
NET BOOK VALUE
At 31 March 2024 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,319,309
NET BOOK VALUE
At 31 March 2024 1,319,309
At 31 March 2023 1,319,309

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 774 774
Other debtors 3,177 563
3,951 1,337

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 4,328 3,242

Woodhill Property Rentals LLP (Registered number: OC397696)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Debts due to members rank after any secured borrowings but equal to any other creditors.