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REGISTERED NUMBER: OC347675 (England and Wales)
















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

R WINTER TOOLING LLP

R WINTER TOOLING LLP (REGISTERED NUMBER: OC347675)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


R WINTER TOOLING LLP

General Information
FOR THE YEAR ENDED 31 MARCH 2024







DESIGNATED MEMBERS: Mr A Winter
Mrs E Winter





REGISTERED OFFICE: Global House
303 Ballards Lane
London
N12 8NP





REGISTERED NUMBER: OC347675 (England and Wales)





ACCOUNTANTS: K J Pittalis and Partners LLP
Chartered Certified Accountants
Global House
303 Ballards Lane
London
N12 8NP

R WINTER TOOLING LLP (REGISTERED NUMBER: OC347675)

Statement of Financial Position
31 MARCH 2024

31/3/24 31/3/23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,010,706 991,721

CURRENT ASSETS
Stock and work in progress 83,429 97,108
Debtors 5 142,353 242,567
Cash at bank 76,942 -
302,724 339,675
CREDITORS
Amounts falling due within one year 6 329,498 368,978
NET CURRENT LIABILITIES (26,774 ) (29,303 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

983,932

962,418

CREDITORS
Amounts falling due after more than one
year

7

592,435

593,940
NET ASSETS ATTRIBUTABLE TO
MEMBERS

391,497

368,478

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

322,122

299,103

MEMBERS' OTHER INTERESTS
Capital accounts 69,375 69,375
391,497 368,478

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 322,122 299,103
Members' other interests 69,375 69,375
391,497 368,478

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.

R WINTER TOOLING LLP (REGISTERED NUMBER: OC347675)

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 11 December 2024 and were signed by:




Mr A Winter - Designated member




Mrs E Winter - Designated member


R WINTER TOOLING LLP (REGISTERED NUMBER: OC347675)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

R Winter Tooling 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 represents sales of goods and services net of VAT and trade discounts. Turnover is recognised when the goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 5% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 10% on reducing balance

Tangible fixed assets held for the company’s operational purposes are recorded at cost, net of accumulated depreciation and impairment losses. Depreciation is not charged in the year of acquisition.

Assets acquired under finance leases are depreciated on a basis consistent with owned assets.

At each balance sheet date, the company assesses the carrying value of tangible fixed assets to identify any indicators of impairment. If such indicators are present, the recoverable amount of the asset is estimated to determine the extent of any impairment loss. Where it is not feasible to estimate the recoverable amount of a specific asset, the company evaluates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks and work in progress
Work in progress is valued on the basis of work done by the year end not yet invoiced.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 11 (2023 - 11 ) .

R WINTER TOOLING LLP (REGISTERED NUMBER: OC347675)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£ £ £ £ £
COST
At 1 April 2023 1,892,908 82,006 4,800 104,030 2,083,744
Additions 49,487 - - 21,233 70,720
At 31 March 2024 1,942,395 82,006 4,800 125,263 2,154,464
DEPRECIATION
At 1 April 2023 941,569 70,090 4,277 76,087 1,092,023
Charge for year 47,567 1,192 78 2,898 51,735
At 31 March 2024 989,136 71,282 4,355 78,985 1,143,758
NET BOOK VALUE
At 31 March 2024 953,259 10,724 445 46,278 1,010,706
At 31 March 2023 951,339 11,916 523 27,943 991,721

5. DEBTORS
31/3/24 31/3/23
£ £
Amounts falling due within one year:
Trade debtors 56,595 170,119
Other debtors 48,299 62,594
104,894 232,713

Amounts falling due after more than one year:
Amounts owed by associates 37,459 9,854

Aggregate amounts 142,353 242,567

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£ £
Bank loans and overdrafts 34,012 87,816
Hire purchase contracts 85,087 89,598
Trade creditors 112,421 133,717
Taxation and social security 91,978 49,847
Other creditors 6,000 8,000
329,498 368,978

R WINTER TOOLING LLP (REGISTERED NUMBER: OC347675)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£ £
Bank loans 104,425 131,553
Hire purchase contracts 311,380 414,392
Amounts owed to associates 176,630 47,995
592,435 593,940

8. LOANS AND OTHER DEBTS DUE TO MEMBERS
31/3/24 31/3/23
£ £
Amounts owed to members in respect of profits 322,122 299,103

Falling due within one year 322,122 299,103

In the event of a winding up of the LLP, amounts classified as 'other debts due to members' would rank behind other non-secured creditors.