IRIS Accounts Production v24.3.2.46 OC433540 designated member 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4335402023-04-30OC4335402024-04-30OC4335402023-05-012024-04-30OC4335402022-04-30OC4335402022-05-012023-04-30OC4335402023-04-30OC433540ns15:EnglandWales2023-05-012024-04-30OC433540ns14:PoundSterling2023-05-012024-04-30OC433540ns10:PartnerLLP12023-05-012024-04-30OC433540ns10:LimitedLiabilityPartnershipLLP2023-05-012024-04-30OC433540ns10:SmallEntities2023-05-012024-04-30OC433540ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-30OC433540ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30OC433540ns10:LimitedLiabilityPartnershipsSORP2023-05-012024-04-30OC433540ns10:FullAccounts2023-05-012024-04-30OC433540ns10:PartnerLLP32023-05-012024-04-30OC433540ns10:PartnerLLP42023-05-012024-04-30OC433540ns10:RegisteredOffice2023-05-012024-04-30OC433540ns5:CurrentFinancialInstruments2024-04-30OC433540ns5:CurrentFinancialInstruments2023-04-30OC433540ns5:PlantMachinery2023-04-30OC433540ns5:PlantMachinery2023-05-012024-04-30OC433540ns5:PlantMachinery2024-04-30OC433540ns5:PlantMachinery2023-04-30OC433540ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-30OC433540ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: OC433540 (England and Wales)












ST TEILO'S (PONTARDDULAIS) LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2024






ST TEILO'S (PONTARDDULAIS) LLP (REGISTERED NUMBER: OC433540)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ST TEILO'S (PONTARDDULAIS) LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DESIGNATED MEMBERS: S A Ramsey-Williams
Mrs J Ramsey-Williams
Campion Gardens Care Home Limited





REGISTERED OFFICE: Campion Gardens
Clyne Common
Bishopston
Swansea
West Glamorgan
SA3 3JB





REGISTERED NUMBER: OC433540 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Ground Floor Cardigan House
Castle Court
Swansea Enterprise Park
Swansea
SA7 9LA

ST TEILO'S (PONTARDDULAIS) LLP (REGISTERED NUMBER: OC433540)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 45,689 68,535
Investment property 5 1,000,000 1,521,389
1,045,689 1,589,924

CURRENT ASSETS
Debtors 6 47,672 59,626
Cash at bank 86,194 316,847
133,866 376,473
CREDITORS
Amounts falling due within one year 7 46,815 380,230
NET CURRENT ASSETS/(LIABILITIES) 87,051 (3,757 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,132,740 1,586,167

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

-

98,722

MEMBERS' OTHER INTERESTS
Capital accounts 1,132,740 1,487,445
1,132,740 1,586,167

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 - 98,722
Members' other interests 1,132,740 1,487,445
Amounts due from members 6 - (28,537 )
1,132,740 1,557,630

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 30 April 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.

ST TEILO'S (PONTARDDULAIS) LLP (REGISTERED NUMBER: OC433540)

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





S A Ramsey-Williams - Designated member

ST TEILO'S (PONTARDDULAIS) LLP (REGISTERED NUMBER: OC433540)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

St Teilo's (Pontarddulais) 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 as modified by the revaluation of certain assets.

Going concern
The members have agreed to continue their financial support of the LLP during its loss making period and the LLP has established its own stream of revenue. As such the members believe that the going concern basis remains appropriate.

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The LLP only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions
Creditors and provisions are recognised where the company has a present obligation (legal and constructive) resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3. EMPLOYEE INFORMATION

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

ST TEILO'S (PONTARDDULAIS) LLP (REGISTERED NUMBER: OC433540)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 91,381
DEPRECIATION
At 1 May 2023 22,846
Charge for year 22,846
At 30 April 2024 45,692
NET BOOK VALUE
At 30 April 2024 45,689
At 30 April 2023 68,535

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 1,521,389
Additions 1,606
Revaluations (522,995 )
At 30 April 2024 1,000,000
NET BOOK VALUE
At 30 April 2024 1,000,000
At 30 April 2023 1,521,389

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2024 (522,995 )
Cost 1,522,995
1,000,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,704 5,363
Amounts owed by associates 44,968 -
Other debtors - 54,263
47,672 59,626

ST TEILO'S (PONTARDDULAIS) LLP (REGISTERED NUMBER: OC433540)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 200 2,775
Amounts owed to associates - 374,355
Taxation and social security 30,515 -
Other creditors 16,100 3,100
46,815 380,230

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of winding up. There is no provision for specific legally enforceable protection afforded to creditors in such an event. There are no restrictions or limitations on the ability of the members to reduce the amount of Members' other interests.