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REGISTERED NUMBER: OC389320 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP

WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP (REGISTERED NUMBER: OC389320)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 5 April 2025




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP

GENERAL INFORMATION
for the year ended 5 April 2025







DESIGNATED MEMBERS: D F Chipping
R E Jones
I Martin
Ms S M Monkland
O R Wells





REGISTERED OFFICE: One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB





REGISTERED NUMBER: OC389320 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP (REGISTERED NUMBER: OC389320)

BALANCE SHEET
5 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,178,351 1,461,988

CURRENT ASSETS
Debtors 5 116,844 9,227
Cash at bank 41,695 42,197
158,539 51,424
CREDITORS
Amounts falling due within one year 6 49,390 49,484
NET CURRENT ASSETS 109,149 1,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,287,500

1,463,928

CREDITORS
Amounts falling due after more than one
year

7

332,952

474,770
NET ASSETS ATTRIBUTABLE TO
MEMBERS

954,548

989,158

WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP (REGISTERED NUMBER: OC389320)

BALANCE SHEET - continued
5 April 2025

2025 2024
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 739,818 905,274
Revaluation reserve 8 214,730 83,884
954,548 989,158

TOTAL MEMBERS' INTERESTS
Members' other interests 954,548 989,158
Amounts due from members 5 (111,962 ) (3,513 )
842,586 985,645

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 5 April 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 17 July 2025 and were signed by:





R E Jones - Designated member

WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP (REGISTERED NUMBER: OC389320)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 5 April 2025

1. STATUTORY INFORMATION

Wulstan Capital Uk Opportunities (No 2) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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 6 April 2024 1,461,988
Disposals (283,637 )
At 5 April 2025 1,178,351
NET BOOK VALUE
At 5 April 2025 1,178,351
At 5 April 2024 1,461,988

Fair value at 5 April 2025 is represented by:
£   
Valuation in 2017 37,491
Valuation in 2018 77,860
Valuation in 2020 106,674
Valuation in 2021 (5,955 )
Valuation in 2024 (130,838 )
Cost 1,093,119
1,178,351

WULSTAN CAPITAL UK OPPORTUNITIES (NO 2)
LLP (REGISTERED NUMBER: OC389320)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 5 April 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 116,844 9,227

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 33,092 33,092
Taxation and social security 2,805 2,946
Other creditors 13,493 13,446
49,390 49,484

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 332,952 474,770

8. RESERVES
Revaluation
reserve
£   
At 6 April 2024 83,884
Disposal 130,846
At 5 April 2025 214,730