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REGISTERED NUMBER: OC427211 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Whitehall Partnership LLP

Whitehall Partnership LLP (Registered number: OC427211)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Whitehall Partnership LLP

General Information
for the Year Ended 31 March 2025







DESIGNATED MEMBERS: Whitehall Equity Release Ltd
J L Taylor
J Taylor
A Mummery-Smith





REGISTERED OFFICE: 10 Hagley Road
Stourbridge
West Midlands
DY8 1PS





REGISTERED NUMBER: OC427211 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Whitehall Partnership LLP (Registered number: OC427211)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 49,598 5,618

CURRENT ASSETS
Debtors 5 4,055 4,639
Cash at bank 7,402 35,236
11,457 39,875
CREDITORS
Amounts falling due within one year 6 10,308 2,340
NET CURRENT ASSETS 1,149 37,535
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,747

43,153

CREDITORS
Amounts falling due after more than one
year

7

24,199

-
NET ASSETS ATTRIBUTABLE TO
MEMBERS

26,548

43,153

Whitehall Partnership LLP (Registered number: OC427211)

Balance Sheet - continued
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

64

-

MEMBERS' OTHER INTERESTS
Capital accounts 26,484 43,153
26,548 43,153

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 64 -
Members' other interests 26,484 43,153
Amounts due from members 5 - (584 )
26,548 42,569

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 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.

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 30 May 2025 and were signed by:





J L Taylor - Designated member

Whitehall Partnership LLP (Registered number: OC427211)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Whitehall 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
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.

The functional and presentational currency of the LLP is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery - 25% reducing balance basis
Computer equipment - 33% reducing balance basis

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEE INFORMATION

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

Whitehall Partnership LLP (Registered number: OC427211)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 6,573
Additions 60,549
At 31 March 2025 67,122
DEPRECIATION
At 1 April 2024 955
Charge for year 16,569
At 31 March 2025 17,524
NET BOOK VALUE
At 31 March 2025 49,598
At 31 March 2024 5,618

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 59,491
At 31 March 2025 59,491
DEPRECIATION
Charge for year 14,810
At 31 March 2025 14,810
NET BOOK VALUE
At 31 March 2025 44,681

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 4,055 4,639

Whitehall Partnership LLP (Registered number: OC427211)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 7,848 -
Other creditors 2,460 2,340
10,308 2,340

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 24,199 -

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.
There is no provision for specific legally enforceable protection afforded to creditors in such an event.
There are no restrictions or limitations on the ability of the members to reduce the amount of ‘Members’ other interests'.

9. RELATED PARTY DISCLOSURES

During the year the LLP was charged £50,500 (2024: £16,000) by one of its members Whitehall Equity Release Ltd in respect of management services provided by that company.