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REGISTERED NUMBER: OC382418 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

RWHS ENDURANCE LLP

RWHS ENDURANCE LLP (REGISTERED NUMBER: OC382418)






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


RWHS ENDURANCE LLP

GENERAL INFORMATION
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: S H Brooks-Ward
Mrs A Brooks-Ward





REGISTERED OFFICE: 3 Park Street
Windsor
Berkshire
SL4 1LU





REGISTERED NUMBER: OC382418 (England and Wales)





ACCOUNTANTS: Oury Clark Chartered Accountants
Herschel House
58 Herschel Street
Slough
Berkshire
SL1 1PG

RWHS ENDURANCE LLP (REGISTERED NUMBER: OC382418)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,058,262 1,918,220
Investments 5 70,201 70,201
2,128,463 1,988,421

CURRENT ASSETS
Debtors 6 1,679,716 1,682,968
Cash at bank 4,454,040 5,337,083
6,133,756 7,020,051
CREDITORS
Amounts falling due within one year 7 6,861,467 7,713,307
NET CURRENT LIABILITIES (727,711 ) (693,256 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,400,752

1,295,165

CREDITORS
Amounts falling due after more than one
year

8

745,171

843,434
NET ASSETS ATTRIBUTABLE TO
MEMBERS

655,581

451,731

LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

655,581

451,731

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 10 655,581 451,731
Amounts due from members 6 (1,628,485 ) (1,677,902 )
(972,904 ) (1,226,171 )

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.

RWHS ENDURANCE LLP (REGISTERED NUMBER: OC382418)

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 29 January 2025 and were signed by:





S H Brooks-Ward - Designated member

RWHS ENDURANCE LLP (REGISTERED NUMBER: OC382418)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

RWHS Endurance 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.

Preparation of consolidated financial statements
The financial statements contain information about RWHS Endurance LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

Related party exemption
The LLP has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net invoiced sales of services provided and goods sold, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Not depreciated
Plant and machinery etc - 25% on cost and 15% on reducing balance

The freehold properties are held at cost and are reviewed by the members to ascertain whether there has been any impairment. At the year end no impairment was considered necessary.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Basic financial instruments, as covered by Section 11 of FRS102, are measured at amortised cost. The LLP does not have any other financial instruments as covered by Section 12 of FRS102.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEE INFORMATION

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

RWHS ENDURANCE LLP (REGISTERED NUMBER: OC382418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 1,857,100 121,795 1,978,895
Additions 1,990,712 17,195 2,007,907
Disposals (1,857,100 ) - (1,857,100 )
At 31 March 2024 1,990,712 138,990 2,129,702
DEPRECIATION
At 1 April 2023 - 60,675 60,675
Charge for year - 10,765 10,765
At 31 March 2024 - 71,440 71,440
NET BOOK VALUE
At 31 March 2024 1,990,712 67,550 2,058,262
At 31 March 2023 1,857,100 61,120 1,918,220

5. FIXED ASSET INVESTMENTS

31.3.24 31.3.23
£    £   
Shares in group undertakings 1 1
Trophies and art works 70,200 70,200
70,201 70,201

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£    £   
Event trophies 30,400 30,400
Artwork 39,800 39,800
70,200 70,200

RWHS ENDURANCE LLP (REGISTERED NUMBER: OC382418)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 1,679,716 1,682,968

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 52,553 75,000
Other creditors 6,808,914 7,638,307
6,861,467 7,713,307

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 745,171 843,434

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 797,724 918,434

The bank loan is secured by a fixed and floating charge over the freehold property and assets of the LLP respectively.

10. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 31.3.23
£    £   
Amounts owed to members in respect of profits 655,581 451,731

Falling due within one year 655,581 451,731

Loans and other debts due to members rank equally with all other creditors of the LLP.