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REGISTERED NUMBER: OC435746 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Period 1 March 2023 to 31 March 2024

for

Stroudbridge Investments LLP

Stroudbridge Investments LLP (Registered number: OC435746)






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




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


Stroudbridge Investments LLP

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







DESIGNATED MEMBERS: A N Gent
W Hayllar
J B Wallace
Dret Holdings Limited





REGISTERED OFFICE: A W Associates London LLP
Office 28b, Regus, Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG





REGISTERED NUMBER: OC435746 (England and Wales)





ACCOUNTANTS: A W Associates London LLP
Regus
Building 2
Guildford Business Park Road
Guildford
Surrey
GU2 8XG

Stroudbridge Investments LLP (Registered number: OC435746)

Report of the Members
for the Period 1 March 2023 to 31 March 2024

The members present their report with the financial statements of the LLP for the period 1 March 2023 to 31 March 2024.

DESIGNATED MEMBERS
The designated members during the period under review were:

A N Gent
W Hayllar
J B Wallace
Dret Holdings Limited

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £53,956 (2023 - £43,537 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





A N Gent - Designated member


14 November 2024

Stroudbridge Investments LLP (Registered number: OC435746)

Income Statement
for the Period 1 March 2023 to 31 March 2024

Period
1.3.23
to Year Ended
31.3.24 28.2.23
£    £   

TURNOVER - -

Administrative expenses 1,332 2,083
OPERATING LOSS (1,332 ) (2,083 )

Interest receivable and similar
income

55,288

45,620
PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION
AMONG MEMBERS





53,956





43,537

Stroudbridge Investments LLP (Registered number: OC435746)

Balance Sheet
31 March 2024

31.3.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2,637 2,637

CURRENT ASSETS
Debtors 5 515,636 460,347

CREDITORS
Amounts falling due within one year 6 1,073 2,789
NET CURRENT ASSETS 514,563 457,558
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

517,200

460,195

LOANS AND OTHER DEBTS DUE
TO MEMBERS

7

113,140

59,184

MEMBERS' OTHER INTERESTS
Capital accounts 404,060 401,011
517,200 460,195

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

113,140

59,184
Members' other interests 404,060 401,011
517,200 460,195

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 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.

Stroudbridge Investments LLP (Registered number: OC435746)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 14 November 2024 and were signed by:





A N Gent - Designated member

Stroudbridge Investments LLP (Registered number: OC435746)

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

1. STATUTORY INFORMATION

Stroudbridge 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.

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.

Financial instruments
A financial asset is initially measured at amortised cost: FVOCI - debt investment; FVOCI - equity investment; or FVTPL.

A financial asset is measured at amortised cost if it meets both of the following conditions:

- it is held within the business model whose objective is to hold assets to collect contractual cashflows;and
- its contractual terms give rise on a specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

All financial assets of the company are classified as amortised cost.

3. EMPLOYEE INFORMATION

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

4. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.24 28.2.23
£    £   
Investments 2,637 2,637

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 28.2.23
£    £   
Other debtors 515,636 460,347

Amounts included in due after more than one year are unsecured and interest accrues at 11% pa and compounds annually. The loans mature in 2031 and as such are presented as due after more than one year. There is no difference between the face value and carrying value of the loan.The balance at 31st March 2024 includes compound interest receivable of £118,272.66.

Stroudbridge Investments LLP (Registered number: OC435746)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 28.2.23
£    £   
Other creditors 1,073 2,789

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up. There are no restrictions on the ability of the members to reduce the amount of the members interests.