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REGISTERED NUMBER: OC433324 (England and Wales)















Unaudited Financial Statements

for the Period 1 May 2023 to 31 March 2024

for

Wye Residential (Stokenchurch) LLP

Wye Residential (Stokenchurch) LLP (Registered number: OC433324)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wye Residential (Stokenchurch) LLP

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







DESIGNATED MEMBERS: G W Almrott
D Litchfield
S Harnett
R E Mackay
T B Anning





REGISTERED OFFICE: c/o Wilson Partners Limited,
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN





REGISTERED NUMBER: OC433324 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chartered Accountants
TOR
Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN

Wye Residential (Stokenchurch) LLP (Registered number: OC433324)

Balance Sheet
31 March 2024

31.3.24 30.4.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,702 4,086

CURRENT ASSETS
Debtors 5 16,010 3,615
Cash at bank and in hand 52,170 123,700
68,180 127,315
CREDITORS
Amounts falling due within one year 6 (82 ) (6,185 )
NET CURRENT ASSETS 68,098 121,130
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 70,800 125,216

LOANS AND OTHER DEBTS DUE TO MEMBERS 8 - 45,216

MEMBERS' OTHER INTERESTS
Capital accounts 70,800 80,000
70,800 125,216

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 - 45,216
Members' other interests 70,800 80,000
Amounts due from members 5 (11,277 ) -
59,523 125,216

Wye Residential (Stokenchurch) LLP (Registered number: OC433324)

Balance Sheet - continued
31 March 2024


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.

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 18 November 2024 and were signed by:





G W Almrott - Designated member

Wye Residential (Stokenchurch) LLP (Registered number: OC433324)

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

1. STATUTORY INFORMATION

Wye Residential (Stokenchurch) 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.

Significant judgements and estimates
In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The company does not make significant estimates and assumptions concerning the future.

Turnover
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business, net of discounts and VAT. Commission earned on sales of property is recognised on exchange of contract, commission earned on securing a letting is recognised immediately whilst management fees are billed and recognised monthly at a fixed percentage of the monthly rental.

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 and 15% on reducing balance

Tangible fixed assets are included at cost less depreciation and impairment.

Financial instruments
Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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 period was 1 (2023 - 1 ) .

Wye Residential (Stokenchurch) LLP (Registered number: OC433324)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 31 March 2024 11,310
DEPRECIATION
At 1 May 2023 7,224
Charge for period 1,384
At 31 March 2024 8,608
NET BOOK VALUE
At 31 March 2024 2,702
At 30 April 2023 4,086

5. DEBTORS
31.3.24 30.4.23
£    £   
Amounts falling due within one year:
Other debtors 16,010 2,096

Amounts falling due after more than one year:
Other debtors - 1,519

Aggregate amounts 16,010 3,615

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.4.23
£    £   
Taxation and social security - 6,108
Other creditors 82 77
82 6,185

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 30.4.23
£    £   
Within one year 13,000 13,000
Between one and five years 52,000 52,000
In more than five years 24,375 37,375
89,375 102,375

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of winding up.

Wye Residential (Stokenchurch) LLP (Registered number: OC433324)

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

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.