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REGISTERED NUMBER: OC412332 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2023 to 31 March 2024

for

The Croft (Bowness) LLP

The Croft (Bowness) LLP (Registered number: OC412332)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Croft (Bowness) LLP

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







DESIGNATED MEMBERS: H R Scowcroft
N S McIntyre





REGISTERED OFFICE: 2 Pennyblack Court
21a Barton Road Worsley
Manchester
M28 2PD





REGISTERED NUMBER: OC412332 (England and Wales)






The Croft (Bowness) LLP (Registered number: OC412332)

Balance Sheet
31 March 2024

31.3.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 923,468 935,992
Investments 5 226,917 226,917
1,150,385 1,162,909

CURRENT ASSETS
Debtors 6 5,718 4,094
Cash at bank 24,527 83,935
30,245 88,029
CREDITORS
Amounts falling due within one year 7 3,322 1,744
NET CURRENT ASSETS 26,923 86,285
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

1,177,308

1,249,194

The Croft (Bowness) LLP (Registered number: OC412332)

Balance Sheet - continued
31 March 2024

31.3.24 30.6.23
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

1,177,308

1,249,194

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 1,177,308 1,249,194
Amounts due from members 6 (1,350 ) -
1,175,958 1,249,194

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 24 January 2025 and were signed by:





H R Scowcroft - Designated member

The Croft (Bowness) LLP (Registered number: OC412332)

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

1. STATUTORY INFORMATION

The Croft (Bowness) 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.

15% reducing balance

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023
and 31 March 2024 852,500 242,782 1,095,282
DEPRECIATION
At 1 July 2023 - 159,290 159,290
Charge for period - 12,524 12,524
At 31 March 2024 - 171,814 171,814
NET BOOK VALUE
At 31 March 2024 852,500 70,968 923,468
At 30 June 2023 852,500 83,492 935,992

The Croft (Bowness) LLP (Registered number: OC412332)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2023
and 31 March 2024 226,917
NET BOOK VALUE
At 31 March 2024 226,917
At 30 June 2023 226,917

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.6.23
£    £   
Other debtors 5,718 4,094

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.6.23
£    £   
Bank loans and overdrafts 1,216 -
Trade creditors 1,454 -
Taxation and social security 652 1,744
3,322 1,744

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

The members loans will rank below other creditors