| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 |
| FOR |
| WSP ENTERPRISES LLP |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 |
| FOR |
| WSP ENTERPRISES LLP |
| WSP ENTERPRISES LLP (REGISTERED NUMBER: OC319840) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31st March 2025 |
| Page |
| General Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| WSP ENTERPRISES LLP |
| GENERAL INFORMATION |
| for the Year Ended 31st March 2025 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Ossington Chambers |
| 6-8 Castle Gate |
| Newark |
| Nottinghamshire |
| NG24 1AX |
| WSP ENTERPRISES LLP (REGISTERED NUMBER: OC319840) |
| BALANCE SHEET |
| 31st March 2025 |
| 31/3/25 | 31/3/24 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
237,186 |
236,666 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
1,186 |
666 |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 236,000 | 236,000 |
| 237,186 | 236,666 |
| TOTAL MEMBERS' INTERESTS |
| Loans and other debts due to members | 6 | 1,186 | 666 |
| Members' other interests | 236,000 | 236,000 |
| 237,186 | 236,666 |
| 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. |
| WSP ENTERPRISES LLP (REGISTERED NUMBER: OC319840) |
| BALANCE SHEET - continued |
| 31st March 2025 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| WSP ENTERPRISES LLP (REGISTERED NUMBER: OC319840) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31st March 2025 |
| 1. | STATUTORY INFORMATION |
| WSP Enterprises 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 |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st April 2024 |
| and 31st March 2025 |
| NET BOOK VALUE |
| At 31st March 2025 |
| At 31st March 2024 |
| Fair value at 31st March 2025 is represented by: |
| £ |
| Cost | 236,472 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Cost | 236,472 | 236,472 |
| In the opinion of the members the fair value at 31st March 2025 is very similar to cost. |
| WSP ENTERPRISES LLP (REGISTERED NUMBER: OC319840) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st March 2025 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Receipt in advance |
| VAT | 825 | 825 |
| Accrued expenses |
| 6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Amounts owed to members in respect of profits | 1,186 | 666 |
| Falling due within one year | 1,186 | 666 |
| Loans and other debts due to members rank equally with other unsecured creditors. |
| 7. | CONTINGENT LIABILITIES |
| The LLP had no contingent liabilities at 31st March 2025 (2024 - nil). |
| 8. | CAPITAL COMMITMENTS |
| 31/3/25 | 31/3/24 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| 9. | RELATED PARTY DISCLOSURES |
| During the period the LLP received rental income to the value of £16,500 (2024 - £16,500), on normal commercial terms, from Wm Saunders Partnership LLP, a business in which two of the designated members of WSP Enterprises LLP are also designated members. |