IRIS Accounts Production v24.2.0.383 OC394403 designated member 6.4.23 5.4.24 5.4.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC3944032023-04-05OC3944032024-04-05OC3944032023-04-062024-04-05OC3944032022-04-05OC3944032022-04-062023-04-05OC3944032023-04-05OC394403ns15:EnglandWales2023-04-062024-04-05OC394403ns14:PoundSterling2023-04-062024-04-05OC394403ns10:PartnerLLP12023-04-062024-04-05OC394403ns10:LimitedLiabilityPartnershipLLP2023-04-062024-04-05OC394403ns10:SmallEntities2023-04-062024-04-05OC394403ns10:AuditExempt-NoAccountantsReport2023-04-062024-04-05OC394403ns10:SmallCompaniesRegimeForAccounts2023-04-062024-04-05OC394403ns10:LimitedLiabilityPartnershipsSORP2023-04-062024-04-05OC394403ns10:FullAccounts2023-04-062024-04-05OC394403ns10:PartnerLLP22023-04-062024-04-05OC394403ns10:RegisteredOffice2023-04-062024-04-05
REGISTERED NUMBER: OC394403 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 5 April 2024

for

RJW Consultants LLP

RJW Consultants LLP (Registered number: OC394403)

Contents of the Financial Statements
for the Year Ended 5 April 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJW Consultants LLP

General Information
for the Year Ended 5 April 2024







DESIGNATED MEMBERS: R J White
RJW Consultants (UK) Limited





REGISTERED OFFICE: 44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN





REGISTERED NUMBER: OC394403 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

RJW Consultants LLP (Registered number: OC394403)

Balance Sheet
5 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 292,494 277,639

CURRENT ASSETS
Cash at bank 155,073 138,617
NET CURRENT ASSETS 155,073 138,617
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

447,567

416,256

LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 447,567 416,256
447,567 416,256

TOTAL MEMBERS' INTERESTS
Members' other interests 447,567 416,256

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 5 April 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.

RJW Consultants LLP (Registered number: OC394403)

Balance Sheet - continued
5 April 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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 29 October 2024 and were signed by:





R J White - Designated member

RJW Consultants LLP (Registered number: OC394403)

Notes to the Financial Statements
for the Year Ended 5 April 2024


1. STATUTORY INFORMATION

RJW Consultants 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.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern
After reviewing the LLP's forecasts and projections, the members have a reasonable expectation that the LLP has adequate resources to continue in operational existence for the foreseeable future. The LLP therefore continues to adopt the going concern basis in preparing its financial statements.

Other income
Interest income, including income arising from finance leases and other financial instruments, is recognised using the effective interest method. Profit share income from fixed asset investments in LLP's is recognised on an accruals basis in line with the member LLP's financial statements.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Investments
Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Financial instruments
Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost, using the effective interest rate method.

Basic financial liabilities including trade and other payables are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

RJW Consultants LLP (Registered number: OC394403)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024


2. ACCOUNTING POLICIES - continued

Provision for liabilities
Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value using a pre-tax discount rate. The unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3. EMPLOYEE INFORMATION

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

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Brought forward 277,639 150,580
Capital introduced 14,855 127,059
292,494 277,639

Investments (neither listed nor unlisted) represents the LLP's capital account balance in a limited liability partnership.