IRIS Accounts Productionv25.1.4.42OC421699designated memberdesignated member1.4.2331.3.2431.3.240falsetruefalsefalsetruefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4216992023-03-31OC4216992024-03-31OC4216992023-04-012024-03-31OC4216992022-03-31OC4216992022-04-012023-03-31OC4216992023-03-31OC421699ns15:EnglandWales2023-04-012024-03-31OC421699ns14:PoundSterling2023-04-012024-03-31OC421699ns10:PartnerLLP12023-04-012024-03-31OC421699ns10:PartnerLLP22023-04-012024-03-31OC421699ns10:LimitedLiabilityPartnershipLLP2023-04-012024-03-31OC421699ns10:SmallEntities2023-04-012024-03-31OC421699ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC421699ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31OC421699ns10:LimitedLiabilityPartnershipsSORP2023-04-012024-03-31OC421699ns10:FullAccounts2023-04-012024-03-31OC421699ns5:CurrentFinancialInstruments2024-03-31OC421699ns5:CurrentFinancialInstruments2023-03-31OC421699ns5:Non-currentFinancialInstruments2024-03-31OC421699ns5:Non-currentFinancialInstruments2023-03-31OC421699ns10:RegisteredOffice2023-04-012024-03-31OC421699ns5:LandBuildings2023-03-31OC421699ns5:LandBuildings2024-03-31OC421699ns5:LandBuildings2023-03-31OC421699ns5:Secured2024-03-31OC421699ns5:Secured2023-03-31

REGISTERED NUMBER: OC421699 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 March 2024

for


S&P Bridgewater LLP


S&P Bridgewater LLP (Registered number: OC421699)







Contents of the Financial Statements

for the Year Ended 31 March 2024





Page



Balance Sheet  

1



Notes to the Financial Statements  

3




S&P Bridgewater LLP (Registered number: OC421699)


Balance Sheet

31 March 2024



31.3.24

31.3.23



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

899,140


899,140




CURRENT ASSETS

Cash at bank

3,419


-




CREDITORS

Amounts falling due within one year

5

15,750


2,400



NET CURRENT LIABILITIES

(12,331

)

(2,400

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

886,809


896,740




CREDITORS

Amounts falling due after more than

one year

6

585,022


569,464



NET ASSETS ATTRIBUTABLE TO

MEMBERS

301,787


327,276




LOANS AND OTHER DEBTS DUE TO

MEMBERS

8

301,787


327,276




TOTAL MEMBERS' INTERESTS

Loans and other debts due to

members

8

301,787


327,276




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.

S&P Bridgewater LLP (Registered number: OC421699)


Balance Sheet - 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 June 2025 and were signed by:






Mrs P A Bunbury Lindsay - Designated member


S&P Bridgewater LLP (Registered number: OC421699)


Notes to the Financial Statements

for the Year Ended 31 March 2024


1.

STATUTORY INFORMATION



S&P Bridgewater LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:



Registered number:

OC421699



Registered office:

76 Windsor Road


Maidenhead


Berkshire


SL6 2DJ


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.  


Land and buildings - not provided

3.

EMPLOYEE INFORMATION



The average number of employees during the year was 1 (2023 - NIL ) .


4.

TANGIBLE FIXED ASSETS


Land and


buildings

£   



COST


At 1 April 2023


and 31 March 2024

899,140




NET BOOK VALUE


At 31 March 2024

899,140




At 31 March 2023

899,140




S&P Bridgewater LLP (Registered number: OC421699)


Notes to the Financial Statements - continued

for the Year Ended 31 March 2024


5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



31.3.24


31.3.23

£   

£   



Trade creditors

12,534


-




Other creditors

3,216


2,400



15,750


2,400




6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN

ONE YEAR



31.3.24


31.3.23

£   

£   



Bank loans

585,022


569,464




7.

SECURED DEBTS



The following secured debts are included within creditors:



31.3.24


31.3.23

£   

£   



Bank loans

585,022


569,464




8.

LOANS AND OTHER DEBTS DUE TO MEMBERS




Loans to Members rank above other creditors in a winding up.