REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
for the Year Ended 31 March 2025 |
for |
INVESTMENT PARTNERSHIP LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
for the Year Ended 31 March 2025 |
for |
INVESTMENT PARTNERSHIP LLP |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Contents of the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2025 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
INVESTMENT PARTNERSHIP LLP |
General Information |
FOR THE YEAR ENDED 31 MARCH 2025 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Unit C2A Comet Studios |
De Havilland Court |
Penn Street |
Amersham |
Buckinghamshire |
HP7 0PX |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Report of the Members |
FOR THE YEAR ENDED 31 MARCH 2025 |
The members present their report with the financial statements of the LLP for the year ended 31 March 2025. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the year under review was that of private wealth management. |
DESIGNATED MEMBERS |
The designated members during the year under review were: |
RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS |
The profit for the year before members' remuneration and profit shares was £664,007 (2024 - £683,785 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Income Statement |
FOR THE YEAR ENDED 31 MARCH 2025 |
2025 | 2024 |
Notes | £ | £ |
TURNOVER |
Cost of sales |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT | 4 |
Interest receivable and similar income |
PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Balance Sheet |
31 MARCH 2025 |
2025 | 2024 |
Notes | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
97,134 |
86,258 |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Balance Sheet - continued |
31 MARCH 2025 |
2025 | 2024 |
Notes | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
47,134 |
36,258 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 50,000 | 50,000 |
97,134 | 86,258 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members |
9 |
47,134 |
36,258 |
Members' other interests | 50,000 | 50,000 |
97,134 | 86,258 |
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. |
The financial statements were approved by the members of the LLP and authorised for issue on |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Notes to the Financial Statements |
FOR THE YEAR ENDED 31 MARCH 2025 |
1. | STATUTORY INFORMATION |
Investment Partnership 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 |
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 ("FRS 102"), the financial reporting standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006. |
The partners have assessed the partnership's ability to continue in operational existence for the foreseeable future in accordance with the FRC (going concern and liquidity risk guidance (October 2009). Therefore it is considered appropriate to prepare the financial statements on a going concern basis. |
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 |
Going concern |
The partners review the on going working capital of the company to ensure that there are sufficient resources to meet its financial liabilities to continue trading in the foreseeable future. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was |
4. | OPERATING PROFIT |
The operating profit is stated after charging: |
2025 | 2024 |
£ | £ |
Depreciation - owned assets |
INVESTMENT PARTNERSHIP LLP (REGISTERED NUMBER: OC352913) |
Notes to the Financial Statements - continued |
FOR THE YEAR ENDED 31 MARCH 2025 |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2024 |
and 31 March 2025 |
DEPRECIATION |
At 1 April 2024 |
Charge for year |
At 31 March 2025 |
NET BOOK VALUE |
At 31 March 2025 |
At 31 March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2025 | 2024 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2025 | 2024 |
£ | £ |
Bank loans |
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
All trading creditors rank above loans and other debts due to members. |