REGISTERED NUMBER: OC379769 (England and Wales)

Financial Statements

for the Year Ended 31st March 2025

for

Water Resource Associates LLP

Page

General Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Prof P G Whitehead

P A C Holmes

Dr H J E Rodda

P J Baur

B S Piper

M R H Francis

REGISTERED OFFICE:

Chiltern House

45 Station Rd

Henley On Thames

Oxfordshire

RG9 1AT

REGISTERED NUMBER:

OC379769 (England and Wales)

ACCOUNTANTS:

Buffery & Co Ltd

Chiltern House

45 Station Rd

Henley On Thames

Oxfordshire

RG9 1AT

FIXED ASSETS

Tangible assets

4

329

467

CURRENT ASSETS

Debtors

62,892

26,760

Cash at bank

61,582

56,886

124,474

83,646

CREDITORS

Amounts falling due within one year

30,036

4,850

NET CURRENT ASSETS

94,438

78,796

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

94,767

79,263

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

84,417

68,913

MEMBERS' OTHER INTERESTS

Capital accounts

10,350

10,350

94,767

79,263

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

84,417

68,913

Members' other interests

10,350

10,350

94,767

79,263

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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

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 24th September 2025 and were signed by:

Dr H J E Rodda - Designated member

1.	STATUTORY INFORMATION

Water Resource Associates 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 etc

-

20% on cost

Tangible fixed assets are initially measured at cost. Tangible fixed assets are subsequently measured at cost less accumulated depreciation and any accumulated impairment loss.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2024

and 31st March 2025

689

DEPRECIATION

At 1st April 2024

222

Charge for year

138

At 31st March 2025

360

NET BOOK VALUE

At 31st March 2025

329

At 31st March 2024

467

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members (other than members' capital classified as debt) would rank pari passu in relation to other creditors.