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REGISTERED NUMBER: OC402354 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st October 2024

for

CHILCOMB (WINCHESTER) LLP

CHILCOMB (WINCHESTER) LLP (REGISTERED NUMBER: OC402354)






Contents of the Financial Statements
for the Year Ended 31st October 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHILCOMB (WINCHESTER) LLP

General Information
for the Year Ended 31st October 2024







DESIGNATED MEMBERS: Kells Holdings Ltd
Wellow Holdings Limited





REGISTERED OFFICE: Unit 2, Riverside Ind Park
Coneger Road
Eastleigh
Hampshire
SO50 6JQ





REGISTERED NUMBER: OC402354 (England and Wales)





ACCOUNTANTS: Graham Martin & Co
Accountants
89 Leigh Road
Eastleigh
Hampshire
SO50 9DQ

CHILCOMB (WINCHESTER) LLP (REGISTERED NUMBER: OC402354)

Balance Sheet
31st October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 800,000 800,000

CURRENT ASSETS
Cash at bank 11,465 11,745

CREDITORS
Amounts falling due within one year 5 959 935
NET CURRENT ASSETS 10,506 10,810
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

810,506

810,810

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

599,257

599,561

MEMBERS' OTHER INTERESTS
Revaluation reserve 7 211,249 211,249
810,506 810,810

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 599,257 599,561
Members' other interests 211,249 211,249
810,506 810,810

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 31st October 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.

CHILCOMB (WINCHESTER) LLP (REGISTERED NUMBER: OC402354)

Balance Sheet - continued
31st October 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 27th January 2025 and were signed by:




Kells Holdings Ltd - Designated member




Wellow Holdings Limited - Designated member


CHILCOMB (WINCHESTER) LLP (REGISTERED NUMBER: OC402354)

Notes to the Financial Statements
for the Year Ended 31st October 2024

1. STATUTORY INFORMATION

Chilcomb (Winchester) 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 as modified by the revaluation of certain assets.

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.

3. EMPLOYEE INFORMATION

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st November 2023
and 31st October 2024 800,000
NET BOOK VALUE
At 31st October 2024 800,000
At 31st October 2023 800,000

Fair value at 31st October 2024 is represented by:
£   
Valuation in 2022 211,249
Cost 588,751
800,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 588,751 588,751

Investment property was valued on an open market basis on 31st October 2024 by the designated members .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 959 935

CHILCOMB (WINCHESTER) LLP (REGISTERED NUMBER: OC402354)

Notes to the Financial Statements - continued
for the Year Ended 31st October 2024

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members rank equally with other creditors.

7. RESERVES
Revaluation
reserve
£   
At 1st November 2023
and 31st October 2024 211,249