REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 May 2023 to 31 March 2024 |
for |
Woodham Land LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 May 2023 to 31 March 2024 |
for |
Woodham Land LLP |
Woodham Land LLP (Registered number: OC359342) |
Contents of the Financial Statements |
for the Period 1 May 2023 to 31 March 2024 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Woodham Land LLP |
General Information |
for the Period 1 May 2023 to 31 March 2024 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Old Grange |
Warren Estate |
Lordship Road |
Writtle |
Essex |
CM1 3WT |
Woodham Land LLP (Registered number: OC359342) |
Balance Sheet |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,358,263 |
1,202,907 |
Woodham Land LLP (Registered number: OC359342) |
Balance Sheet - continued |
31 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
43,663 |
35,907 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 1,314,600 | 1,167,000 |
1,358,263 | 1,202,907 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 43,663 | 35,907 |
Members' other interests | 1,314,600 | 1,167,000 |
Amounts due from members | 5 | (150,606 | ) | (184,538 | ) |
1,207,657 | 1,018,369 |
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. |
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 |
Woodham Land LLP (Registered number: OC359342) |
Notes to the Financial Statements |
for the Period 1 May 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Woodham Land 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 |
Significant judgements and estimates |
No significant judgements or estimations have been applied in the preparation of the financial statements. |
Turnover |
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Partnership and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax. |
Tangible fixed assets |
Tangible fixed assets comprise freehold land which is shown at historic cost. |
Stocks |
Stocks are valued at the lower of cost and net realisable value. |
Financial instruments |
The partnership only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. |
Creditors |
Short term creditors are measured at transaction price. |
Going concern |
The accounts have been prepared on the going concern basis which assumes the continued support of the designated members. The members have confirmed that this support will continue and believe that no adjustments relating to the partnership's ability to continue as a going concern need to be made to these financial statements. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
Woodham Land LLP (Registered number: OC359342) |
Notes to the Financial Statements - continued |
for the Period 1 May 2023 to 31 March 2024 |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 May 2023 |
Additions |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 30 April 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members' (other than members' capital classified as debt) rank below other creditors. |