Limited Liability Partnership Registration No. OC320667 (England and Wales)
RACECOURSE WAY
BUSINESS CENTRE LLP
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
RACECOURSE WAY BUSINESS CENTRE LLP
LIMITED LIABILITY PARTNERSHIP INFORMATION
Designated members
Mrs A L Higgins
Mr A Rimmer
Mr J J Higgins
Limited liability partnership number
OC320667
Registered office
White House
Wollaton Street
Nottingham
NG1 5GF
Accountants
Higson & Co (Nottingham) Limited
White House
Wollaton Street
Nottingham
NG1 5GF
RACECOURSE WAY BUSINESS CENTRE LLP
CONTENTS
Page
Accountants' report
1
Income statement
2
Statement of financial position and notes to the financial statements
3 - 4
RACECOURSE WAY BUSINESS CENTRE LLP
ACCOUNTANTS' REPORT TO THE MEMBERS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RACECOURSE WAY BUSINESS CENTRE LLP FOR THE YEAR ENDED 31 DECEMBER 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Racecourse Way Business Centre LLP for the year ended 31 December 2023, which comprise the income statement and the statement of financial position, from the limited liability partnership’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the limited liability partnership's members of Racecourse Way Business Centre LLP, as a body, in accordance with the terms of our engagement letter dated 7 February 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Racecourse Way Business Centre LLP and state those matters that we have agreed to state to the limited liability partnership's members of Racecourse Way Business Centre LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Racecourse Way Business Centre LLP and its members as a body, for our work or for this report.

It is your duty to ensure that Racecourse Way Business Centre LLP has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Racecourse Way Business Centre LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Racecourse Way Business Centre LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Higson & Co (Nottingham) Limited
Chartered Accountants
White House
Wollaton Street
Nottingham
NG1 5GF
29 August 2024
RACECOURSE WAY BUSINESS CENTRE LLP
INCOME STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2023
- 2 -
2023
2022
£
£
Turnover
-
-
Other income
1,000
18,510
Cost of raw materials and consumables
-
(1,555)
Depreciation and other amounts written off assets
(11,795)
-
Other charges
(2,586)
(3,019)
(Loss)/profit for the financial year before members' remuneration and profit shares
(13,381)
13,936
RACECOURSE WAY BUSINESS CENTRE LLP
STATEMENT OF FINANCIAL POSITION
AS AT
31 DECEMBER 2023
31 December 2023
- 3 -
2023
2022
£
£
£
£
Fixed assets
-
656,782
Current assets
2,244
43
Net current assets
2,244
43
Total assets less current liabilities
2,244
656,825
Accruals and deferred income
(1,624)
(2,228)
Net assets attributable to members
620
654,597
Represented by:
Loans and other debts due to members
-
-
Members' other interests
620
654,597
620
654,597
Notes to the financial statements
1
Employees

The average number of persons, excluding members, employed by the partnership during the year was as follows:

2023
2022
Number
Number
Employees
3
3

Racecourse Way Business Centre LLP is a Limited Liability Partnership incorporated in England and Wales. The registered office is White House, Wollaton Street, Nottingham, NG1 5GF.

For the financial year ended 31 December 2023 the Limited Liability Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to limited liability partnerships) with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to LLPs subject to the small LLPs regime.

RACECOURSE WAY BUSINESS CENTRE LLP
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 4 -
The financial statements were approved by the members and authorised for issue on 29 August 2024 and are signed on its behalf by:
Mrs  A L Higgins
Designated member
Limited Liability Partnership registration number OC320667 (England and Wales)
RACECOURSE WAY BUSINESS CENTRE LLP
The following pages do not form part of the statutory accounts.
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