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REGISTERED NUMBER: OC447481 (England and Wales)










WebbPaton LLP

Financial Statements

for the Period 1st July 2023 to 31st March 2024






WebbPaton LLP (Registered number: OC447481)






Contents of the Financial Statements
for the Period 1st July 2023 to 31st March 2024




Page

General Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


WebbPaton LLP

General Information
for the Period 1st July 2023 to 31st March 2024







DESIGNATED MEMBERS: M A R Webb
Mrs R S Farthing





REGISTERED OFFICE: The Dairy
Hook
Royal Wootton Bassett
Swindon
Wiltshire
SN4 8EF





REGISTERED NUMBER: OC447481 (England and Wales)





ACCOUNTANTS: Woodward Hale
Chartered Accountants
38 Dollar Street
Cirencester
Gloucestershire
GL7 2AN

WebbPaton LLP (Registered number: OC447481)

Balance Sheet
31st March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 26,415

CURRENT ASSETS
Debtors 5 381,573
Cash at bank 532,662
914,235
CREDITORS
Amounts falling due within one year 6 103,584
NET CURRENT ASSETS 810,651
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

837,066

LOANS AND OTHER DEBTS DUE TO
MEMBERS

687,066

MEMBERS' OTHER INTERESTS
Capital accounts 150,000
837,066

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 687,066
Members' other interests 150,000
837,066

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 31st 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.

WebbPaton LLP (Registered number: OC447481)

Balance Sheet - continued
31st March 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 18th September 2024 and were signed by:





M A R Webb - Designated member

WebbPaton LLP (Registered number: OC447481)

Notes to the Financial Statements
for the Period 1st July 2023 to 31st March 2024

1. STATUTORY INFORMATION

WebbPaton 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - 33% on reducing balance
Fixtures and fittings - 25% on reducing balance and 15% on reducing balance
Computer equipment - 33% on reducing balance, 25% on reducing balance and 15% on reducing balance

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

3. EMPLOYEE INFORMATION

The average number of employees during the period was 7 .

WebbPaton LLP (Registered number: OC447481)

Notes to the Financial Statements - continued
for the Period 1st July 2023 to 31st March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold and Computer
property fittings equipment Totals
£    £    £    £   
COST
Additions 6,791 - 9,212 16,003
Disposals - - (358 ) (358 )
Introduced from sole trade 3,380 3,313 10,183 16,876
At 31st March 2024 10,171 3,313 19,037 32,521
DEPRECIATION
Charge for period 1,626 393 4,166 6,185
Eliminated on disposal - - (79 ) (79 )
At 31st March 2024 1,626 393 4,087 6,106
NET BOOK VALUE
At 31st March 2024 8,545 2,920 14,950 26,415

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 143,776
Other debtors 417
Prepayments and accrued income 237,380
381,573

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 6,969
Social security and other taxes 4,116
VAT 80,548
Other creditors 439
Accrued expenses 11,512
103,584

7. CLIENT MONEY

As part of the business's trading activities money is held in an appropriately designated bank account on behalf if clients.

The amount contained within the account at the end of the period was £16,033.