BrightAccountsProduction v1.0.0 v1.0.0 2023-11-29 The company was not dormant during the period The company was trading for the entire period The principal activity of the LLP in the year was that of a theatre school for drama, singing and dance classes. 7 June 2025 0 OC450131 2025-03-31 OC450131 2023-11-28 OC450131 2023-11-29 2025-03-31 OC450131 uk-bus:LimitedLiabilityPartnershipLLP 2023-11-29 2025-03-31 OC450131 uk-curr:PoundSterling 2023-11-29 2025-03-31 OC450131 uk-bus:FilletedAccounts 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP1 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP2 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP3 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP4 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP5 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP6 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP7 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP8 2023-11-29 2025-03-31 OC450131 uk-bus:PartnerLLP9 2023-11-29 2025-03-31 OC450131 uk-bus:RegisteredOffice 2023-11-29 2025-03-31 OC450131 uk-bus:Agent1 2023-11-29 2025-03-31 OC450131 uk-bus:AuditExempt-NoAccountantsReport 2023-11-29 2025-03-31 OC450131 uk-bus:FRS102 2023-11-29 2025-03-31 OC450131 2023-11-29 2025-03-31 xbrli:pure iso4217:GBP iso4217:EUR xbrli:shares
 
 
 
 
Fairfield Performing Arts Welwyn-Hatfield LLP
 
Unaudited Financial Statements
 
for the financial period ended 31 March 2025



Fairfield Performing Arts Welwyn-Hatfield LLP
MEMBERS AND OTHER INFORMATION

Members J Fairfield (Appointed 29 November 2023)
D Thompson (Appointed 29 November 2023)
E Johnson (Appointed 6 March 2024, Resigned 31 July 2024)
H Faulkner (Appointed 6 March 2024)
I Travers (Appointed 17 April 2024)
L Barker (Appointed 11 December 2024)
S Scotlock (Appointed 11 July 2024, Resigned 31 October 2024)
T Curtis-Smith (Appointed 6 March 2024)
A Bassett (Appointed 6 March 2024, Resigned 17 April 2024)
 
 
Limited Liability Partnership Number OC450131
   
   
Registered Office 1-3-5 The Barracks
  White Cross
  Lancaster
  Lancashire
  LA1 4XQ
  United Kingdom
   
   
Business Address Stage Right Studios
  Lumen Road
  Royston
  Hertfordshire
  SG8 7AF
  United Kingdom
   
   
Accountants Smith & Co
  Chartered Certified Accountants
  1-3-5 The Barracks
  White Cross
  Lancaster
  Lancashire
  LA1 4XQ



Fairfield Performing Arts Welwyn-Hatfield LLP
STATEMENT OF MEMBERS' RESPONSIBILITIES IN RESPECT OF THE MEMBERS’ REPORT AND THE FINANCIAL STATEMENTS
for the financial period ended 31 March 2025

 
The members are responsible for preparing the Members’ Report and the financial statements in accordance with applicable law and regulations.
 
Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial period. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard. Under company law as applied to Limited Liability Partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Limited Liability Partnership and of the profit or loss of the Limited Liability Partnership for that period.

In preparing these financial statements the members are required to:
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Limited Liability Partnership will continue in business.
 
The members are responsible for keeping adequate accounting records that are sufficient to show and explain the Limited Liability Partnership's transactions and disclose with reasonable accuracy at any time the financial position of the Limited Liability Partnership and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members are also responsible for safeguarding the assets of the Limited Liability Partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
 
The members are responsible for the maintenance and integrity of the corporate and financial information included on the limited liability partnership website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
     
     
Approved by the members on 7 June 2025
     
and signed on behalf of the members
     
 
__________________________________  
J Fairfield  
Designated Member  



Fairfield Performing Arts Welwyn-Hatfield LLP
Limited Liability Partnership Number: OC450131
STATEMENT OF FINANCIAL POSITION

as at 31 March 2025
 
Mar 25
Notes £
 
Current Assets
Cash at bank and in hand 42,336
─────────
Net Current Assets/(Liabilities) 42,336
─────────
Net assets/(liabilities) attributable to members 42,336
═════════
Represented By:
 
Loans and other debts due to members within one year
Other amounts 31,818
 
Members' other interests
Members' capital classified as equity 10,518
─────────
42,336
═════════
Total Members' Interests
Loans and other debts due to members     31,818
Members' other interests     10,518
      ─────────
      42,336
      ═════════
       
The Limited Liability Partnership has taken advantage of the exemption under section 444 not to file the Income Statement.
       
For the financial period ended 31 March 2025 the Limited Liability Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as modified by Regulation 34 of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.
       
The members confirm that the members have not required the Limited Liability Partnership to obtain an audit of its financial statements for the financial period in question in accordance with section 476 of the companies act 2006.
       
The members acknowledge their responsibilities for ensuring that the Limited Liability Partnership keeps accounting records which comply with Section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the Limited Liability Partnership as at the end of the financial period and of its profit and loss for the financial period then ended in accordance with Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Limited Liability Partnership.
       
These financial statements have been prepared in accordance with the special provisions relating to small Limited Liability Partnership within Part 15 of the Companies Act 2006 (as applied to Limited Liability Partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) as amended.
       
These unaudited financial statements were approved by the members.
       
These financial statements were approved by the members and authorised for issue on 7 June 2025, and signed on their behalf by:
       
     
________________________________      
J Fairfield      
Designated Member      
LLP No. OC450131



Fairfield Performing Arts Welwyn-Hatfield LLP
NOTES TO THE FINANCIAL STATEMENTS
for the financial period ended 31 March 2025

   
1. GENERAL INFORMATION
 
Fairfield Performing Arts Welwyn-Hatfield LLP is an LLP incorporated in England 1-3-5 The Barracks, White Cross, Lancaster, Lancashire, LA1 4XQ, United Kingdom is the registered office, which is also the principal place of business of the LLP. The nature of the LLP’s operations and its principal activities are set out in the Members' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. ACCOUNTING POLICIES
 
Statement of compliance
The financial statements of the Limited Liability Partnership for the financial year ended 31 March 2025 have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", applying Section 1A of the Standard, issued by the Financial Reporting Council and in accordance with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, as amended.
 
Basis of preparation
The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the Limited Liability Partnership's financial statements.
 
Cash flow statement
The Limited Liability Partnership has availed of the exemption in Section 1A, FRS 102 from the requirement to prepare a Statement of Cash Flows because it is classified as a small entity.
 
Turnover
Turnover comprises amounts invoiced by the Limited Liability Partnership exclusive of value added tax.
 
Members' remuneration
Members' remuneration is treated as a charge against profits. It includes profits that are automatically divided between members by virtue of the members' agreement.

A member's share in the profit and loss for the financial period is accounted for as an allocation of profits.
 
   
3. PERIOD OF FINANCIAL STATEMENTS
 
The financial statements are for the 16 month 3 days period from 29 November 2023 (date of incorporation) to 31 March 2025.
   
4. STATEMENT ON PREVIOUS FINANCIAL PERIODS
 
The company did not present financial statements for previous financial periods.