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REGISTERED NUMBER: 10328716 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

THE LWM PARTNERSHIP LIMITED

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE LWM PARTNERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: J R Lipper





REGISTERED OFFICE: 6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL





REGISTERED NUMBER: 10328716 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,102 104,241
Investments 5 196,151 218,728
Investment property 6 260,000 250,000
533,253 572,969

CURRENT ASSETS
Debtors 7 584,713 473,616
Cash at bank 9,236 19,333
593,949 492,949
CREDITORS
Amounts falling due within one year 8 132,387 90,662
NET CURRENT ASSETS 461,562 402,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

994,815

975,256

CREDITORS
Amounts falling due after more than one
year

9

(234,933

)

(260,962

)

PROVISIONS FOR LIABILITIES (10,498 ) (7,998 )
NET ASSETS 749,384 706,296

CAPITAL AND RESERVES
Called up share capital 10 1 1
Other reserves 31,495 23,995
Retained earnings 717,888 682,300
SHAREHOLDERS' FUNDS 749,384 706,296

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

BALANCE SHEET - continued
31 AUGUST 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 July 2025 and were signed by:





J R Lipper - Director


THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

The LWM Partnership Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 131,955
Additions 1,023
Disposals (4,469 )
At 31 August 2024 128,509
DEPRECIATION
At 1 September 2023 27,714
Charge for year 25,700
Eliminated on disposal (2,007 )
At 31 August 2024 51,407
NET BOOK VALUE
At 31 August 2024 77,102
At 31 August 2023 104,241

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 September 2023 222 218,506 218,728
Additions 227 16,457 16,684
Disposals (16 ) (38,136 ) (38,152 )
Impairments - (15,141 ) (15,141 )
Reversal of impairments - 14,032 14,032
At 31 August 2024 433 195,718 196,151
NET BOOK VALUE
At 31 August 2024 433 195,718 196,151
At 31 August 2023 222 218,506 218,728

Cost or valuation at 31 August 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2024 433 195,718 196,151

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 250,000
Revaluations 10,000
At 31 August 2024 260,000
NET BOOK VALUE
At 31 August 2024 260,000
At 31 August 2023 250,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2024 260,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 584,713 473,616

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,907 5,407
Hire purchase contracts 15,767 -
Trade creditors 3,305 3,037
Taxation and social security 99,108 81,218
Other creditors 1,300 1,000
132,387 90,662

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 165,069 165,069
Hire purchase contracts 69,864 95,893
234,933 260,962

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 69,864 95,893

THE LWM PARTNERSHIP LIMITED (REGISTERED NUMBER: 10328716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
J R Lipper
Balance outstanding at start of year 285,444 217,359
Amounts advanced 62,252 68,085
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 347,696 285,444