| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| WELLERS IMPACT GENERAL PARTNER LLP |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2024 |
| for |
| WELLERS IMPACT GENERAL PARTNER LLP |
| WELLERS IMPACT GENERAL PARTNER LLP (REGISTERED NUMBER: OC433896) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| General Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 6 |
| WELLERS IMPACT GENERAL PARTNER LLP |
| General Information |
| for the Year Ended 31 December 2024 |
| DESIGNATED MEMBERS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| PO Box 1882 |
| Southampton |
| Hampshire |
| SO15 9JZ |
| WELLERS IMPACT GENERAL PARTNER LLP (REGISTERED NUMBER: OC433896) |
| Statement of Financial Position |
| 31 December 2024 |
| 31.12.24 | 31.12.23 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET ASSETS ATTRIBUTABLE TO MEMBERS |
2 |
2 |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
| MEMBERS' OTHER INTERESTS |
| Capital accounts | 2 | 2 |
| 2 | 2 |
| TOTAL MEMBERS' INTERESTS |
| Members' other interests | 2 | 2 |
| 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. |
| WELLERS IMPACT GENERAL PARTNER LLP (REGISTERED NUMBER: OC433896) |
| Statement of Financial Position - continued |
| 31 December 2024 |
| The financial statements were approved by the members of the LLP and authorised for issue on |
| WELLERS IMPACT GENERAL PARTNER LLP (REGISTERED NUMBER: OC433896) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| Wellers Impact General Partner 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. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 4. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2023 - NIL). |
| 5. | FIXED ASSET INVESTMENTS |
| Investments (neither listed nor unlisted) were as follows: |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Capital Account in WUPIV LP | 1 | 1 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Other debtors |
| Included within "Debtors; Amounts falling due within 1 year" is the following sums:- |
| £1- Owed by the Partner- Wellers Impact Ltd |
| £1- Owed by the Partner- Wellers GP Ltd |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.12.23 |
| £ | £ |
| Amounts owed to group undertakings |
| This is a sum- £1, owed by the private equity limited partnership, Wellers Unite Pilot Investment Vehicle LP, of which Wellers Impact General Partner LLP is the general partner. |
| WELLERS IMPACT GENERAL PARTNER LLP (REGISTERED NUMBER: OC433896) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 8. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Wellers Impact GP Ltd . |
| The ultimate controlling party is |
| 9. | CAPITAL ACCOUNT |
| No member of the LLP may withdraw or receive back any part of the sum credited to their capital account. On this basis, the LLP has the unconditional right to refuse redemption of the capital account. In accordance with section 22 of FRS 102 the LLP considers the capital account to be equity and has disclosed this accordingly. The balance on the member capital account, as at the period end is £2. |
| Chartered Accountants' Report to the Members |
| on the Unaudited Financial Statements of |
| Wellers Impact General Partner LLP |
| The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Wellers Impact General Partner LLP for the year ended 31 December 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position, Reconciliation of Members' Interests and the related notes from the LLP's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the members of Wellers Impact General Partner LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wellers Impact General Partner LLP and state those matters that we have agreed to state to the members of Wellers Impact General Partner LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wellers Impact General Partner LLP and its members, as a body, for our work or for this report. |
| It is your duty to ensure that Wellers Impact General Partner LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wellers Impact General Partner LLP. You consider that Wellers Impact General Partner LLP is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Wellers Impact General Partner LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| PO Box 1882 |
| Southampton |
| Hampshire |
| SO15 9JZ |