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REGISTERED NUMBER: OC414259 (England and Wales)














Financial Statements for the Period 31 October 2022 to 31 March 2024

for

Greenwood Partners LLP

Greenwood Partners LLP (Registered number: OC414259)






Contents of the Financial Statements
for the Period 31 October 2022 to 31 March 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Greenwood Partners LLP

General Information
for the Period 31 October 2022 to 31 March 2024







DESIGNATED MEMBERS: Miss M Legair
Mr D Plahar
Mr M Lambie





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: OC414259 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Greenwood Partners LLP (Registered number: OC414259)

Statement of Financial Position
31 March 2024

31.3.24 30.10.22
Notes £    £   
CURRENT ASSETS
Debtors 4 813,087 769,687
Cash at bank 21,851 91,535
834,938 861,222
CREDITORS
Amounts falling due within one year 5 (29,201 ) (54,200 )
NET CURRENT ASSETS 805,737 807,022
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 805,737 807,022

LOANS AND OTHER DEBTS DUE TO MEMBERS 6 805,737 807,022

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 805,737 807,022

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.

Greenwood Partners LLP (Registered number: OC414259)

Statement of Financial Position - 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 31 January 2025 and were signed by:




Mr M Lambie - Designated member




Miss M Legair - Designated member


Greenwood Partners LLP (Registered number: OC414259)

Notes to the Financial Statements
for the Period 31 October 2022 to 31 March 2024

1. STATUTORY INFORMATION

Greenwood Partners 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.10.22
£    £   
Amounts owed by joint ventures 812,987 747,768
Other debtors 100 21,919
813,087 769,687

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.10.22
£    £   
Other creditors 29,201 54,200

6. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.3.24 30.10.22
£    £   
Amounts owed to members in respect of profits 805,737 807,022

Falling due within one year 805,737 807,022

Loans and other debts due to members have no preferential rank in relation to other creditors.