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REGISTERED NUMBER: OC361130 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2025

for

Monmouthshire Cottages Llp

Monmouthshire Cottages Llp (Registered number: OC361130)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Abridged Income Statement 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Monmouthshire Cottages Llp (Registered number: OC361130)

Abridged Income Statement
for the Year Ended 30 April 2025

30/4/25 30/4/24
Notes £    £   

GROSS PROFIT 10,646 15,768

Administrative expenses 12,019 16,164
OPERATING LOSS (1,373 ) (396 )


Interest payable and similar expenses (455 ) (510 )
(LOSS)/PROFIT FOR THE FINANCIAL
YEAR BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





(918





)





114

Monmouthshire Cottages Llp (Registered number: OC361130)

Abridged Balance Sheet
30 April 2025

30/4/25 30/4/24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 6,244 6,062

CURRENT ASSETS
Stocks 1,495 1,495
Debtors 19,285 19,656
Cash at bank and in hand 23,309 19,896
44,089 41,047
CREDITORS
Amounts falling due within one year 41,577 37,435
NET CURRENT ASSETS 2,512 3,612
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

8,756

9,674

LOANS AND OTHER DEBTS DUE TO
MEMBERS

6

3,456

4,374

MEMBERS' OTHER INTERESTS
Capital accounts 5,300 5,300
8,756 9,674

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 6 3,456 4,374
Members' other interests 5,300 5,300
8,756 9,674

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 2025.

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.

Monmouthshire Cottages Llp (Registered number: OC361130)

Abridged Balance Sheet - continued
30 April 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) 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 financial statements were approved by the members of the LLP and authorised for issue on 8 May 2025 and were signed by:





M C Wilton - Designated member

Monmouthshire Cottages Llp (Registered number: OC361130)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Monmouthshire Cottages Llp is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC361130

Registered office: Ty Gwyn
Catbrook
Chepstow
Monmouthshire
NP16 6ND

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 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.
Plant and machinery etc - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

4. EMPLOYEE INFORMATION

There were no staff costs for the year ended 30 April 2025 nor for the year ended 30 April 2024.

The average number of employees during the year was NIL (2024 - 2 ).

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2024 6,526
Additions 182
At 30 April 2025 6,708
DEPRECIATION
At 1 May 2024
and 30 April 2025 464
NET BOOK VALUE
At 30 April 2025 6,244
At 30 April 2024 6,062

Monmouthshire Cottages Llp (Registered number: OC361130)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

6. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally along side those of other creditors.