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REGISTERED NUMBER: OC316852 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

WORKING SPACES LIMITED LIABILITY
PARTNERSHIP

WORKING SPACES LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC316852)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WORKING SPACES LIMITED LIABILITY
PARTNERSHIP

GENERAL INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DESIGNATED MEMBERS: Ms E Samuels
M Samuels
J Samuels
Mrs C Samuels





REGISTERED OFFICE: First Floor, Winston House
349 Regents Park Road
London
N3 1DH





REGISTERED NUMBER: OC316852 (England and Wales)





ACCOUNTANTS: Melinek Fine LLP
Chartered Accountants
First Floor, Winston House
349 Regents Park Road
London
N3 1DH

WORKING SPACES LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC316852)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 250 374
Investments 5 1,000,888 1,054,244
1,001,138 1,054,618

CURRENT ASSETS
Debtors 6 533,680 791,934
Cash at bank 129,001 8,595
662,681 800,529
CREDITORS
Amounts falling due within one year 7 3,495,275 3,431,357
NET CURRENT LIABILITIES (2,832,594 ) (2,630,828 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE TO
MEMBERS

(1,831,456

)

(1,576,210

)

LOANS AND OTHER DEBTS DUE TO
MEMBERS

(1,831,456

)

(1,576,210

)

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members (1,831,456 ) (1,576,210 )

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 30 September 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.

WORKING SPACES LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC316852)

BALANCE SHEET - continued
30 SEPTEMBER 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 24 July 2025 and were signed by:





M Samuels - Designated member

WORKING SPACES LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC316852)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Working Spaces Limited Liability Partnership 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
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.

Investments in associates
Investments in associate undertakings are recognised at cost.

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 2,174
DEPRECIATION
At 1 October 2023 1,800
Charge for year 124
At 30 September 2024 1,924
NET BOOK VALUE
At 30 September 2024 250
At 30 September 2023 374

5. FIXED ASSET INVESTMENTS

The LLP's investment in associated undertakings is represented by a 50% holding in North End Shops Limited, a company registered in England and Wales.

WORKING SPACES LIMITED LIABILITY
PARTNERSHIP (REGISTERED NUMBER: OC316852)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by joint ventures 345,945 604,199
Other debtors 187,735 187,735
533,680 791,934

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 586 586
Amounts owed to joint ventures 935,247 874,029
Other creditors 2,559,442 2,556,742
3,495,275 3,431,357