REGISTERED NUMBER: OC325525 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Unicourt Wandsworth LLP

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

33,350,000

19,000,000

CURRENT ASSETS

Debtors

5

582,438

1,526,688

Cash at bank

3,691,680

2,047,507

4,274,118

3,574,195

CREDITORS

Amounts falling due within one year

6

(3,978,463

)

(1,967,644

)

NET CURRENT ASSETS

295,655

1,606,551

TOTAL ASSETS LESS CURRENT LIABILITIES

33,645,655

20,606,551

CREDITORS

Amounts falling due after more than one year

7

(5,339,302

)

(5,568,908

)

NET ASSETS ATTRIBUTABLE TO MEMBERS

28,306,353

15,037,643

LOANS AND OTHER DEBTS DUE TO MEMBERS

9

28,306,353

15,037,643

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

28,306,353

15,037,643

Amounts due from members

5

(11,157

)

(37,403

)

28,295,196

15,000,240

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 1 October 2025 and were signed by:

J B Coren - Designated member

1.	STATUTORY INFORMATION

Unicourt Wandsworth LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number:

OC325525

Registered office:

Little Acre

East End Way

Pinner

Middlesex

HA5 3BS

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships.

Turnover

Turnover represents total value of rent received during the year.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to the members capital accounts. No depreciation is provided on investment property.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

19,000,000

Revaluations

14,350,000

At 31 March 2025

33,350,000

NET BOOK VALUE

At 31 March 2025

33,350,000

At 31 March 2024

19,000,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2012

4,830,000

Valuation in 2013

1,830,000

Valuation in 2016

1,000,000

Valuation in 2020

510,000

Valuation in 2021

1,419,000

Valuation in 2022

1,391,000

Valuation in 2024

2,000,000

Valuation in 2025

14,350,000

Cost

6,020,000

33,350,000

The fair value of investment property is based on a valuation by the members.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by related parties

76,000

1,414,004

Other debtors

506,438

112,684

582,438

1,526,688

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

227,472

217,114

Trade creditors

12,334

12,000

Amounts owed to related parties

3,500,605

1,533,707

Other creditors

238,052

204,823

3,978,463

1,967,644

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,339,302

5,568,908

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

5,566,774

5,786,022

Bank loans are secured on the investment property.

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.