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REGISTERED NUMBER: OC427986 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BUTTERWICK GSL INVESTMENTS LLP

BUTTERWICK GSL INVESTMENTS LLP (REGISTERED NUMBER: OC427986)






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 3


BUTTERWICK GSL INVESTMENTS LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: Arendelle Property Investments Limited
Willoughby Homes Limited
Wool Hall Investments Limited





REGISTERED OFFICE: Wool Hall
Cross Gate
Wykeham
Spalding
PE12 6HW





REGISTERED NUMBER: OC427986 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR

BUTTERWICK GSL INVESTMENTS LLP (REGISTERED NUMBER: OC427986)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 875,538 346,391
Debtors 4 3,840 2,560
Cash at bank 94,935 68,410
974,313 417,361
CREDITORS
Amounts falling due within one year 5 974,313 417,361
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO MEMBERS - -

LOAN AND OTHER DEBTS DUE TO
MEMBERS INCLUDED IN OTHER
DEBTORS - -

TOTAL MEMBERS' INTERESTS
Amounts due from members 4 (3,840 ) (2,352 )

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 4 October 2024 and were signed by:





Wool Hall Investments Limited - Designated member

BUTTERWICK GSL INVESTMENTS LLP (REGISTERED NUMBER: OC427986)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Butterwick GSL Investments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The accounting period has been shortened to 31 March 2022 to make the year end co-terminus with the members. As a result the comparatives are not entirely comparable.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Going concern
The members are aware that the business reserves are currently negative and have agreed to support the business until such time as it makes a profit.

3. EMPLOYEE INFORMATION

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,840 2,560

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 1,504
Other creditors 974,313 415,857
974,313 417,361