Whitkinson Partnership LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC336802

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,397,419		1,398,000

			1,397,419		1,398,000
CURRENT ASSETS
Cash at bank and in hand		8,981		3,155

		8,981		3,155
Creditors: Amounts Falling Due Within One Year	5	(1,640 )		(1,020 )

NET CURRENT ASSETS (LIABILITIES)			7,341		2,135

TOTAL ASSETS LESS CURRENT LIABILITIES			1,404,760		1,400,135

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,404,760		1,400,135

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		358,440		353,815

			358,440		353,815

Equity
Members' other interests
Members' capital		1,046,320		1,046,320

			1,046,320		1,046,320

			1,404,760		1,400,135

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			358,440		353,815
Members' other interests			1,046,320		1,046,320

			1,404,760		1,400,135

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Whitkinson Partnership LLP

Balance Sheet (continued)

As At 5 April 2025

For the year ending 5 April 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Mr Andrew Wilkinson

Designated Member

04/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Whitkinson Partnership LLP is a limited liability partnership, incorporated in England & Wales, registered number OC336802 . The Registered Office is 1 Baymans Wood, Shenfield , Essex, CM15 8BT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

The partnership exists to own a property that is primarily used by the members. Occaisionally it is let to third partys.Turnover arises in respect of these third party lettings.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	0%
Plant & Machinery	25% reducing balance
Motor Vehicles	25% straight Line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the average rate for the year.. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 6 April 2024	1,381,128	74,954	20,151	1,476,233
Additions	-	7,042	-	7,042
Disposals	-	(9,431 )	-	(9,431 )

As at 5 April 2025	1,381,128	72,565	20,151	1,473,844

Depreciation
As at 6 April 2024	-	73,196	5,037	78,233
Provided during the period	-	2,269	5,037	7,306
Disposals	-	(9,114 )	-	(9,114 )

As at 5 April 2025	-	66,351	10,074	76,425

...CONTINUED

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Whitkinson Partnership LLP

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2025

Net Book Value
As at 5 April 2025	1,381,128	6,214	10,077	1,397,419

As at 6 April 2024	1,381,128	1,758	15,114	1,398,000

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Accruals and deferred income	1,640	1,020

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