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REGISTERED NUMBER: OC425933 (England and Wales)















William Braddock LLP

Unaudited Financial Statements

for the year ended

31 March 2024






William Braddock LLP (Registered number: OC425933)

Contents of the Financial Statements
for the year ended 31 March 2024










Page

General Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6

Chartered Accountants' Report 7

William Braddock LLP

General Information
for the year ended 31 March 2024







DESIGNATED MEMBERS: W F Braddock
T W Braddock





REGISTERED OFFICE: Rookery Lane Farm House
Rookery Lane
Topcroft
Bungay
Suffolk
NR35 2BN





REGISTERED NUMBER: OC425933 (England and Wales)





ACCOUNTANTS: Haines Watts
8 Hopper Way
Diss
Norfolk
IP22 4GT

William Braddock LLP (Registered number: OC425933)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,127 1,009

CURRENT ASSETS
Debtors 5 3,167 -
Cash at bank 20,517 20,000
23,684 20,000
CREDITORS
Amounts falling due within one year 6 (1,871 ) (11,011 )
NET CURRENT ASSETS 21,813 8,989
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 24,940 9,998

LOANS AND OTHER DEBTS DUE TO MEMBERS 7 24,940 9,998

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 24,940 9,998

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.

William Braddock LLP (Registered number: OC425933)

Balance Sheet - continued
31 March 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 13 November 2024 and were signed by:





W F Braddock - Designated member

William Braddock LLP (Registered number: OC425933)

Notes to the Financial Statements
for the year ended 31 March 2024


1. STATUTORY INFORMATION

William Braddock 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2023 - 2 ) .

William Braddock LLP (Registered number: OC425933)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023 3,334
Additions 3,167
Disposals (938 )
At 31 March 2024 5,563
DEPRECIATION
At 1 April 2023 2,325
Charge for year 1,049
Eliminated on disposal (938 )
At 31 March 2024 2,436
NET BOOK VALUE
At 31 March 2024 3,127
At 31 March 2023 1,009

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,167 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,871 11,011

William Braddock LLP (Registered number: OC425933)

Notes to the Financial Statements - continued
for the year ended 31 March 2024


7. LOANS AND OTHER DEBTS DUE TO MEMBERS
2024 2023
£    £   
Amounts owed to members in respect of profits 24,940 9,998

Falling due within one year 24,940 9,998

Upon the winding up of the LLP the balance of assets of the LLP after discharging the liabilities of the LLP shall be applied in paying to each Member:

- any unpaid profits which are due to him/her;
- his/her share of the LLP capital;
- his/her share of any balance in the same proportion as he/she was, at the date of determination, entitled to share the profits of the LLP.

If the amount available is insufficient to discharge in full any payment to be made under the above sub-paragraphs, the payment shall be made to the Members pro rata to the amounts that they would have received had the amount been sufficient.

There are no such restrictions or limitations existing on the ability of the members to reduce the amount of 'Members' other interests'.

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
William Braddock LLP


The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of William Braddock LLP for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet, Reconciliation of Members' Interests and the related notes from the LLP'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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that William Braddock LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of William Braddock LLP. You consider that William Braddock 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 William Braddock 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.






Haines Watts
8 Hopper Way
Diss
Norfolk
IP22 4GT


13 November 2024