REGISTERED NUMBER: OC396176 (England and Wales)

Unaudited Financial Statements

for the Period 31 October 2023 to 31 March 2025

for

Silk Park (Gel) South LLP

Page

Balance Sheet

1

Notes to the Financial Statements

3

CURRENT ASSETS

Debtors

6,598

-

Cash at bank

745

17,824

7,343

17,824

CREDITORS

Amounts falling due within one year

4

(5,017

)

(1,137

)

NET CURRENT ASSETS

2,326

16,687

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

2,326

16,687

LOANS AND OTHER DEBTS DUE TO MEMBERS

5

-

14,361

MEMBERS' OTHER INTERESTS

Capital accounts

2,326

2,326

2,326

16,687

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

5

-

14,361

Members' other interests

2,326

2,326

Amounts due from members

(6,598

)

-

(4,272

)

16,687

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 period 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 8 October 2025 and were signed by:

Mr B Dean - Designated member

1.	STATUTORY INFORMATION

Silk Park (Gel) South LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC396176

Registered office:

Westminster House

10 Westminster Road

Macclesfield

Cheshire

SK10 1BX

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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was 3 (2023 - 3 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

30.10.23

£

£

VAT

3,812

27

Accrued expenses

1,205

1,110

5,017

1,137

5.

LOANS AND OTHER DEBTS DUE TO MEMBERS

loans and other debts due to members are unsecured and would rank pari passu with other unsecured creditors in the event of a winding up.