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REGISTERED NUMBER: OC415533 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

FWAG South East LLP

FWAG South East LLP (Registered number: OC415533)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FWAG South East LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: T J W Clarke
P E Cobb
Mrs K A Davies
Mrs P Duplessis
C J Hedley
M Norris-Hill
S T B Page
Mrs H J Theobald
Miss L J Carnaghan
Ms L Francis





REGISTERED OFFICE: Unit 8
Hartley Business Park
Selborne Road
Alton
Hampshire
GU34 3HD





REGISTERED NUMBER: OC415533 (England and Wales)





ACCOUNTANTS: Hughes Waddell
The White House
2 Meadrow
Godalming
Surrey
GU7 3HN

FWAG South East LLP (Registered number: OC415533)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,139 1,928

CURRENT ASSETS
Debtors 5 182,933 89,526
Cash at bank and in hand 127,136 145,760
310,069 235,286
CREDITORS
Amounts falling due within one year 6 155,964 75,522
NET CURRENT ASSETS 154,105 159,764
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

157,244

161,692

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

157,244

161,692

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 157,244 161,692

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.

FWAG South East LLP (Registered number: OC415533)

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 20 November 2024 and were signed by:





S T B Page - Designated member

FWAG South East LLP (Registered number: OC415533)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

FWAG South East 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.
Plant and machinery etc - 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.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,420
Additions 3,527
At 31 March 2024 6,947
DEPRECIATION
At 1 April 2023 1,492
Charge for year 2,316
At 31 March 2024 3,808
NET BOOK VALUE
At 31 March 2024 3,139
At 31 March 2023 1,928

FWAG South East LLP (Registered number: OC415533)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 148,089 64,887
Prepayments and accrued income 34,844 24,639
182,933 89,526

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 78,776 4,945
Social security and other taxes 3,526 1,463
VAT 42,513 38,708
Other creditors 866 318
Accruals and deferred income 30,283 30,088
155,964 75,522

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 31.3.23
£    £   
Amounts owed to members in respect of profits 157,244 161,692

Falling due within one year 157,244 161,692