Limited Liability Partnership registration number OC382270 (England and Wales)
WOODMAN V W LLP
Annual report and unaudited financial statements
For the year ended 31 March 2024
Pages for filing with registrar
WOODMAN V W LLP
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
WOODMAN V W LLP
BALANCE SHEET
As at 31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment property
3
2,768,485
2,768,485
Current assets
-
-
Creditors: amounts falling due within one year
4
(2,768,485)
(2,768,485)
Net current liabilities
(2,768,485)
(2,768,485)
Total assets less current liabilities and net assets attributable to members
-
-
Represented by:

For the financial year ended 31 March 2024 the limited liability partnership was entitled to exemption from audit under section 477 of the Companies Act 2006 as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to small limited liability partnerships.

The members acknowledge their responsibilities for complying with the requirements of the Act as applied to limited liability partnerships with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to limited liability partnerships subject to the small limited liability partnerships regime.

The members of the limited liability partnership have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the members and authorised for issue on 19 January 2025 and are signed on their behalf by:
19 January 2025
Mr V Grenney
Designated member
Limited Liability Partnership registration number OC382270 (England and Wales)
WOODMAN V W LLP
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2024
- 2 -
1
Accounting policies
Limited liability partnership information

Woodman V W LLP is a limited liability partnership incorporated in England and Wales. The registered office is 42 Lytton Road, New Barnet, Barnet, Hertfordshire, EN5 5BY.

 

The limited liability partnership's principal activities are disclosed in the Members' Report.

1.1
Accounting convention

These financial statements have been prepared in accordance with the Statement of Recommended Practice "Accounting by Limited Liability Partnerships" issued in December 2021, together with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the limited liability partnership. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

2
Employees

The average number of persons (excluding members) employed by the partnership during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Investment property
2024
£
Fair value
At 1 April 2023 and 31 March 2024
2,768,485
4
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
2,768,485
2,768,485
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