1 April 2023 false No description of principal activity Taxfiler 2024.5 OC385642business:LimitedLiabilityPartnershipLLP2023-04-012024-03-31 OC3856422023-03-31 OC3856422023-04-012024-03-31 OC385642business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 OC385642business:FullAccounts2023-04-012024-03-31 OC3856422024-03-31 OC385642business:PartnerLLP12023-04-012024-03-31 OC385642business:PartnerLLP22023-04-012024-03-31 OC3856422023-03-31 OC385642core:WithinOneYear2024-03-31 OC385642core:WithinOneYear2023-03-31 OC385642core:RetainedEarningsAccumulatedLosses2024-03-31 OC385642core:RetainedEarningsAccumulatedLosses2023-03-31 OC385642business:SmallEntities2023-04-012024-03-31 OC385642countries:EnglandWales2023-04-012024-03-31 OC3856422022-04-012023-03-31 iso4217:GBP xbrli:pure
Registered No. OC385642 (England and Wales)
Burgess Wood LLP Unaudited accounts for the year ended 31 March 2024
Burgess Wood LLP LLP Information for the year ended 31 March 2024
Designated members
Mrs Henrietta Grewal
Mr Jagjit Grewal
Registered Number
OC385642 (England and Wales)
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Burgess Wood LLP Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,427,032 
1,427,032 
Current assets
Debtors
25,659 
20,668 
Cash at bank and in hand
27,344 
24,646 
53,003 
45,314 
Creditors: amounts falling due within one year
(22,241)
(14,552)
Net current assets
30,762 
30,762 
Net assets attributable to members
1,457,794 
1,457,794 
Represented by:
Members' other interests
Other reserves
1,457,794 
1,457,794 
1,457,794 
1,457,794 
Total members' interests
Members' other interests
1,457,794 
1,457,794 
1,457,794 
1,457,794 
For the year ending 31 March 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 9 October 2024.
Mrs Henrietta Grewal Designated member Limited Liability Partnership Registration No. OC385642
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Burgess Wood LLP Notes to the Accounts for the year ended 31 March 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Burgess Wood LLP is a limited liability partnership, incorporated in England and Wales, registration number OC385642.
3
Investment property
2024 
£ 
Fair value at 1 April 2023
1,427,032 
At 31 March 2024
1,427,032 
4
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security costs
3,211 
3,099 
Other creditors
18,230 
10,753 
Accruals
800 
700 
22,241 
14,552 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Amounts due to members in respect of profits
(23,489)
(18,542)
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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