Unaudited Financial Statements

for the Year Ended 31 March 2025

for

BWTLAW LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S Patel

G Musgrave

Mrs L F Smith

Ms L Charles

REGISTERED OFFICE:

6 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

OC346168 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

-

4,955

CURRENT ASSETS

Stocks

5

-

66,319

Debtors

6

-

80,253

Cash at bank and in hand

148,071

382,268

148,071

528,840

CREDITORS

Amounts falling due within one year

7

10,812

77,453

NET CURRENT ASSETS

137,259

451,387

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

137,259

456,342

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

137,259

456,342

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

137,259

456,342

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 31 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.

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 25 July 2025 and were signed by:

S Patel - Designated member

Mrs L F Smith - Designated member

1.	STATUTORY INFORMATION

BWTLAW 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 represents work completed in the period. Turnover excludes VAT.

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

-

at variable rates on reducing balance

Fixtures and fittings

-

at variable rates on reducing balance

Work in progress

Work in progress relates to services in the course of completion that give rise to probable economic benefits and the value of which can be measured reliably.

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.

Pension costs and other post-retirement benefits

The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2024 - 6 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

24,637

8,061

32,698

Disposals

(24,637

)

(8,061

)

(32,698

)

At 31 March 2025

-

-

-

DEPRECIATION

At 1 April 2024

20,747

6,996

27,743

Charge for year

331

106

437

Eliminated on disposal

(21,078

)

(7,102

)

(28,180

)

At 31 March 2025

-

-

-

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

3,890

1,065

4,955

5.

STOCKS

2025

2024

£

£

Work-in-progress

-

66,319

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

38,634

Prepayments

-

41,619

-

80,253

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

38,035

Social security and other taxes

-

4,962

VAT

-

25,882

Other creditors

-

774

Accrued expenses

10,812

7,800

10,812

77,453

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There is no restrictions or limitations on the ability of the members to reduce the amount of 'Members' other interests.