Cowderydown homes LLP

	Page
Balance Sheet	1—2
Reconciliation of Members' Interests	3—5
Notes to the Financial Statements	5—6

Registered number: OC448543

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,315,783		-

			1,315,783		-
CURRENT ASSETS
Debtors	5	515		-
Cash at bank and in hand		21,734		300

		22,249		300
Creditors: Amounts Falling Due Within One Year	6	(490 )		-

NET CURRENT ASSETS (LIABILITIES)			21,759		300

TOTAL ASSETS LESS CURRENT LIABILITIES			1,337,542		300

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,337,542		300

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		300		300
Other amounts		35,451		-

			35,751		300

Equity
Members' other interests
Members' capital		1,301,791		-

			1,301,791		-

			1,337,542		300

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			35,751		300
Members' other interests			1,301,791		-

			1,337,542		300

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Cowderydown homes LLP

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 Mark Tilley

Designated Member

06/10/2025

The notes on pages 5 to 6 form part of these financial statements.

	EQUITY			DEBT
	Members' other interests			Loans and other debts due to members less any amounts due from members in debtors
	Members'Capital classified as Equity	Other Reserves	Total Equity	Members'Capital classified as Debt
	£	£	£	£
Introduced by members	-	-	-	300

Amounts due to members	-	-	-	300

As at 31 March 2024 and 1 April 2024	-	-	-	300


Members' remuneration charged as an expense, including employment and retirement benefit costs	-	-	-	-
Profit/(loss) for the financial year available for discretionary division among members	-	-	-	-

Members' interests after profit/(loss) for the year	-	-	-	300
Introduced by members	1,591,000	-	1,591,000	-
Drawings	(13,409)	-	(13,409)	-
Repayment of Capital	(239,846)	-	(239,846)	-
Other Movements	(35,954)	-	(35,954)	-

Amounts due to members	-	-	-	300

As at 31 March 2025	1,301,791	-	1,301,791	300

	DEBT
	Loans and other debts due to members less any amounts due from members in debtors
	Other amounts	Total Debts	Total members' interest
	£	£	£
Introduced by members	-	300	300

Amounts due to members	-	300	-

As at 31 March 2024 and 1 April 2024	-	300	300


Members' remuneration charged as an expense, including employment and retirement benefit costs	35,451	35,451	35,451
Profit/(loss) for the financial year available for discretionary division among members	-	-	-

Members' interests after profit/(loss) for the year	35,451	35,751	35,751
Introduced by members	-	-	1,591,000

...CONTINUED

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Cowderydown homes LLP

Reconciliation of Members' Interests (continued)

For The Year Ended 31 March 2025

Drawings	-	-	(13,409)
Repayment of Capital	-	-	(239,846)
Other Movements	-	-	(35,954)

Amounts due to members	35,451	35,751	-

As at 31 March 2025	35,451	35,751	1,337,542

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Cowderydown homes LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. General Information

Cowderydown homes LLP is a limited liability partnership, incorporated in England & Wales, registered number OC448543 . The Registered Office is Southlands Bartons Lane, Old Basing, Basingstoke, Hampshire, RG24 8AN.

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

Turnover represents rental income earned from residential properties.

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	no depreciation
Computer Equipment	3 years straight line

2.4. Properties and Non-Current Assets

Properties and Non-Current Assets

Properties brought into the LLP from previous partnerships under a Beneficial Interest Transfer Agreement (B.I.T.A) have been recorded at their market value as at 1 April 2024.

The corresponding amounts have been credited to the respective members’ capital accounts.

The LLP holds the property assets on trust for the members. Any profits or losses on disposal of such property are reportable by the individual members for tax purposes.

2.5. Members’ Capital Accounts

Members’ Capital Accounts

The opening members’ capital balances include the market value of properties and other assets contributed by the members on 1 April 2024 under a Beneficial Interest Transfer Agreement (B.I.T.A) from previous partnerships.

Profits for the financial year are allocated to members’ capital accounts in accordance with the LLP agreement.

3. Average Number of Employees

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

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Cowderydown homes LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Land & Property
	Freehold	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	-	-	-
Additions	1,591,000	329	1,591,329
Disposals	(275,500 )	-	(275,500 )

As at 31 March 2025	1,315,500	329	1,315,829

Depreciation
As at 1 April 2024	-	-	-
Provided during the period	-	46	46

As at 31 March 2025	-	46	46

Net Book Value
As at 31 March 2025	1,315,500	283	1,315,783

As at 1 April 2024	-	-	-

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Other debtors	515	-

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	1	-
Other creditors	489	-

	490	-

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