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REGISTERED NUMBER: OC325187 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Year Ended 30 November 2024

for

Coltham Developments (Sambourne) LLP

Coltham Developments (Sambourne) LLP (Registered number: OC325187)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Reconciliation of Members' Interests 5

Notes to the Financial Statements 7


Coltham Developments (Sambourne) LLP

General Information
for the Year Ended 30 November 2024







DESIGNATED MEMBERS: M W Hargreaves
Coltham Developments Limited





REGISTERED OFFICE: St Pauls Place
40 St Pauls Square
Birmingham
United Kingdom
B3 1FQ





REGISTERED NUMBER: OC325187 (England and Wales)





ACCOUNTANTS: Tina Brookes Accountancy & Taxation Services Ltd
121 Heath Lane
Stourbridge
West Midlands
DY8 1BB

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Report of the Members
for the Year Ended 30 November 2024

The members present their report with the financial statements of the LLP for the year ended 30 November 2024.

DESIGNATED MEMBERS
The designated members during the year under review were:

M W Hargreaves
Coltham Developments Limited

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS
The profit for the year before members' remuneration and profit shares was £14,947 (2023 - £158,595 profit).

MEMBERS' INTERESTS
The members' drawing policy allows each member to draw a proportion of their profit share, subject to the cash
requirements of the business.

A member's capital requirement is linked to their share of profit and the financing requirement of the limited liability
partnership. There is no opportunity for appreciation of the capital subscribed. Just as incoming members introduce
their capital at "par", so the retiring members are repaid their capital at "par".

ON BEHALF OF THE MEMBERS:





M W Hargreaves - Designated member


27 August 2025

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Income Statement
for the Year Ended 30 November 2024

30.11.24 30.11.23
£    £   

TURNOVER 26,635 320,967

Cost of sales 5,853 155,201
GROSS PROFIT 20,782 165,766

Administrative expenses 5,853 7,188
OPERATING PROFIT 14,929 158,578

Interest receivable and similar income 18 17
PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




14,947




158,595

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
CURRENT ASSETS
Stocks 5 315,665 315,665
Debtors 6 3,971 5,519
Cash at bank 7 4,577 13,622
324,213 334,806
CREDITORS
Amounts falling due within one year 8 146,058 142,606
NET CURRENT ASSETS 178,155 192,200
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

178,155

192,200

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

178,155

192,200

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 178,155 192,200

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 November 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.

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

The financial statements were approved by the members of the LLP and authorised for issue on 27 August 2025 and were signed by:





M W Hargreaves - Designated member

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Reconciliation of Members' Interests
for the Year Ended 30 November 2024


EQUITY DEBT TOTAL
Members' Loans and other debts due to MEMBERS'
other members less any amounts due INTERESTS
interests from members in debtors
Members'
capital
Other (classified Other
reserves as debt) amounts Total Total
£    £    £    £    £   
Amount due to members 160,000 32,200 192,200
Amount due from members - - -
Balance at 1 December 2023 - 160,000 32,200 192,200 192,200
Profit for the financial year
available for discretionary division
among members


14,947


-


-


-


14,947
Members' interests after profit for
the year

14,947

160,000

32,200

192,200

207,147
Other divisions of profit (14,947 ) - 14,947 14,947 -
Reclassifications - - (28,992 ) (28,992 ) (28,992 )
Amount due to members 160,000 18,155 178,155
Amount due from members - - -
Balance at 30 November 2024 - 160,000 18,155 178,155 178,155

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Reconciliation of Members' Interests
for the Year Ended 30 November 2024

EQUITY
Members' other interests
Members'
capital
(classified
as Other
equity) reserves Total
£    £    £   
Balance at 1 December 2022 160,000 - 160,000
Profit for the financial year available for
discretionary division among members

-

158,595

158,595
Members' interests after profit for the year 160,000 158,595 318,595
Other divisions of profit - (158,595 ) (158,595 )
Introduced by members - - -
Drawings on account and distributions of profit - - -
Reclassifications - - -
Balance at 30 November 2023 160,000 - 160,000

DEBT TOTAL
Loans and other debts due to MEMBERS'
members less any amounts due INTERESTS
from members in debtors
Other
amounts Total
£    £   
Amount due to members 195,885
Amount due from members -
Balance at 1 December 2022 195,885 355,885
Profit for the financial year available for
discretionary division among members

-

158,595

Members' interests after profit for the year 195,885 514,480
Other divisions of profit 158,595 -
Introduced by members 158,595 158,595
Drawings on account and distributions of profit (158,595 ) (158,595 )
Reclassifications (322,280 ) (322,280 )
Amount due to members 32,200
Amount due from members -
Balance at 30 November 2023 32,200 192,200

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Coltham Developments (Sambourne) 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.

Significant judgements and estimates
In the application of the company’s accounting policies, the director is required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

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

4. MEMBERS' PARTICIPATING INTERESTS

Members' participation rights are the rights of a member against the LLP that arise under the members'
agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits).

Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from
the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A
member's participation rights including amounts subscribed or otherwise contributed by members, for example
members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to
members, in which case they are classified as equity.

All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due
to members' and, where such an amount relates to current year profits, they are recognised within ‘Members'
remuneration charged as an expense’ in arriving at the relevant year’s result. Undivided amounts that are
classified as equity are shown within ‘Members' other interests’. Amounts recoverable from members are
presented as debtors and shown as amounts due from members within members’ interests.

Where there exists an asset and liability component in respect of an individual member’s participation rights,
they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the
recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts
simultaneously, in which case they are presented net.

Once an unavoidable obligation has been created in favour of members through allocation of profits or other
means, any indrawn profits remaining at the reporting date are shown as ‘Loans and other debts due to
members’ to the extent they exceed debts due from a specific member.

Coltham Developments (Sambourne) LLP (Registered number: OC325187)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

5. STOCKS

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost
comprises direct materials and, where applicable, direct labour costs and those overheads that have been
incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement
cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks
over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or
loss. Reversals of impairment losses are also recognised in profit or loss

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 360 181
Other debtors 3,611 5,338
3,971 5,519

7. CASH AT BANK
30.11.24 30.11.23
£    £   
Bank account no. 1 4,577 13,622

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 7,221 5,955
Social security and other taxes 803 -
Other creditors 138,034 136,651
146,058 142,606

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of winding up the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors.