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REGISTERED NUMBER: OC420521 (England and Wales)















Financial Statements for the Year Ended 31st March 2025

for

Wharfside Maintenance LLP

Wharfside Maintenance LLP (Registered number: OC420521)






Contents of the Financial Statements
for the Year Ended 31st March 2025




Page

General Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Wharfside Maintenance LLP

General Information
for the Year Ended 31st March 2025







DESIGNATED MEMBERS: Mr I J O'Leary
Mr J S Cowie





REGISTERED OFFICE: 27 Kestrel Way
Clacton-on-Sea
Essex
CO15 4JE





REGISTERED NUMBER: OC420521 (England and Wales)





ACCOUNTANTS: RDP Accountants
Qualified Accounting Technicians
Ground Floor
Southway House
29 Southway
Colchester
Essex
CO2 7BA

Wharfside Maintenance LLP (Registered number: OC420521)

Statement of Financial Position
31st March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 41,039 54,719

CURRENT ASSETS
Stocks 2,640 880
Debtors 5 244,497 240,495
Cash at bank 1,798 -
248,935 241,375
CREDITORS
Amounts falling due within one year 6 236,256 207,063
NET CURRENT ASSETS 12,679 34,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,718

89,031

CREDITORS
Amounts falling due after more than one year 7 14,900 35,912
NET ASSETS ATTRIBUTABLE TO
MEMBERS

38,818

53,119

LOANS AND OTHER DEBTS DUE TO
MEMBERS

38,818

53,119

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 38,818 53,119

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 31st March 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.

Wharfside Maintenance LLP (Registered number: OC420521)

Statement of Financial Position - continued
31st March 2025


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 21st July 2025 and were signed by:





Mr I J O'Leary - Designated member

Wharfside Maintenance LLP (Registered number: OC420521)

Notes to the Financial Statements
for the Year Ended 31st March 2025

1. STATUTORY INFORMATION

Wharfside Maintenance 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
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.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - NIL).

Wharfside Maintenance LLP (Registered number: OC420521)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2025

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st April 2024
and 31st March 2025 9,205 74,293 1,385 84,883
DEPRECIATION
At 1st April 2024 3,882 25,300 982 30,164
Charge for year 1,331 12,248 101 13,680
At 31st March 2025 5,213 37,548 1,083 43,844
NET BOOK VALUE
At 31st March 2025 3,992 36,745 302 41,039
At 31st March 2024 5,323 48,993 403 54,719

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 124,812 119,557
Other debtors 119,685 120,938
244,497 240,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 8,370 10,388
Hire purchase contracts 12,642 12,464
Trade creditors 12,210 5,058
Taxation and social security 200,891 177,068
Other creditors 2,143 2,085
236,256 207,063

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 1,415 9,785
Hire purchase contracts 13,485 26,127
14,900 35,912