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REGISTERED NUMBER: OC350786 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

SANDYCROSS WEALTH MANAGEMENT LLP

SANDYCROSS WEALTH MANAGEMENT LLP (REGISTERED NUMBER: OC350786)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SANDYCROSS WEALTH MANAGEMENT LLP

GENERAL INFORMATION
For The Year Ended 31 December 2024







DESIGNATED MEMBERS: M Hale
K D Hale





REGISTERED OFFICE: Monkhurst House
Sandy Cross Lane
Heathfield
East Sussex
TN21 8QR





REGISTERED NUMBER: OC350786 (England and Wales)





ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP

SANDYCROSS WEALTH MANAGEMENT LLP (REGISTERED NUMBER: OC350786)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 38,379 44,070

CURRENT ASSETS
Debtors 5 100 100
Cash at bank and in hand 65,054 62,071
65,154 62,171
CREDITORS
Amounts falling due within one year 6 (4,473 ) (4,330 )
NET CURRENT ASSETS 60,681 57,841
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

99,060

101,911

LOANS AND OTHER DEBTS DUE TO
MEMBERS

79,060

81,911

MEMBERS' OTHER INTERESTS
Capital reserves 20,000 20,000
99,060 101,911

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 79,060 81,911
Members' other interests 20,000 20,000
99,060 101,911

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 December 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.

SANDYCROSS WEALTH MANAGEMENT LLP (REGISTERED NUMBER: OC350786)

BALANCE SHEET - continued
31 December 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 January 2025 and were signed by:





M Hale - Designated member

SANDYCROSS WEALTH MANAGEMENT LLP (REGISTERED NUMBER: OC350786)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sandycross Wealth Management 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2023 - 3 ) .

SANDYCROSS WEALTH MANAGEMENT LLP (REGISTERED NUMBER: OC350786)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 6,136 47,968 8,314 62,418
DEPRECIATION
At 1 January 2024 5,512 5,333 7,503 18,348
Charge for year 156 5,333 202 5,691
At 31 December 2024 5,668 10,666 7,705 24,039
NET BOOK VALUE
At 31 December 2024 468 37,302 609 38,379
At 31 December 2023 624 42,635 811 44,070

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 January 2024
and 31 December 2024 47,968
DEPRECIATION
At 1 January 2024 5,333
Charge for year 5,333
At 31 December 2024 10,666
NET BOOK VALUE
At 31 December 2024 37,302
At 31 December 2023 42,635

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 100 100

SANDYCROSS WEALTH MANAGEMENT LLP (REGISTERED NUMBER: OC350786)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) (1 )
Social security and other taxes 1,468 1,534
Pensions 372 309
Accrued expenses 2,634 2,488
4,473 4,330