IRIS Accounts Production v25.3.0.601 OC325722 designated member 1.3.24 28.2.25 28.2.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh OC325722 2024-02-29 OC325722 2025-02-28 OC325722 2024-03-01 2025-02-28 OC325722 2023-02-28 OC325722 2023-03-01 2024-02-29 OC325722 2024-02-29 OC325722 ns15:EnglandWales 2024-03-01 2025-02-28 OC325722 ns14:PoundSterling 2024-03-01 2025-02-28 OC325722 ns10:PartnerLLP1 2024-03-01 2025-02-28 OC325722 ns10:LimitedLiabilityPartnershipLLP 2024-03-01 2025-02-28 OC325722 ns10:SmallEntities 2024-03-01 2025-02-28 OC325722 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 OC325722 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 OC325722 ns10:LimitedLiabilityPartnershipsSORP 2024-03-01 2025-02-28 OC325722 ns10:FullAccounts 2024-03-01 2025-02-28 OC325722 1 2024-03-01 2025-02-28 OC325722 ns10:PartnerLLP2 2024-03-01 2025-02-28 OC325722 ns10:RegisteredOffice 2024-03-01 2025-02-28 OC325722 ns5:CurrentFinancialInstruments 2025-02-28 OC325722 ns5:CurrentFinancialInstruments 2024-02-29 OC325722 ns5:Non-currentFinancialInstruments 2025-02-28 OC325722 ns5:Non-currentFinancialInstruments 2024-02-29 OC325722 ns5:NetGoodwill 2024-03-01 2025-02-28 OC325722 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2024-03-01 2025-02-28 OC325722 ns5:PlantMachinery 2024-03-01 2025-02-28 OC325722 ns5:FurnitureFittings 2024-03-01 2025-02-28 OC325722 ns5:MotorVehicles 2024-03-01 2025-02-28 OC325722 ns5:ComputerEquipment 2024-03-01 2025-02-28 OC325722 ns5:NetGoodwill 2024-02-29 OC325722 ns5:NetGoodwill 2025-02-28 OC325722 ns5:NetGoodwill 2024-02-29 OC325722 ns5:LandBuildings 2024-02-29 OC325722 ns5:PlantMachinery 2024-02-29 OC325722 ns5:FurnitureFittings 2024-02-29 OC325722 ns5:LandBuildings 2024-03-01 2025-02-28 OC325722 ns5:LandBuildings 2025-02-28 OC325722 ns5:PlantMachinery 2025-02-28 OC325722 ns5:FurnitureFittings 2025-02-28 OC325722 ns5:LandBuildings 2024-02-29 OC325722 ns5:PlantMachinery 2024-02-29 OC325722 ns5:FurnitureFittings 2024-02-29 OC325722 ns5:MotorVehicles 2024-02-29 OC325722 ns5:ComputerEquipment 2024-02-29 OC325722 ns5:MotorVehicles 2025-02-28 OC325722 ns5:ComputerEquipment 2025-02-28 OC325722 ns5:MotorVehicles 2024-02-29 OC325722 ns5:ComputerEquipment 2024-02-29 OC325722 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-02-28 OC325722 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-02-29 OC325722 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-02-28 OC325722 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-02-29 OC325722 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-02-28 OC325722 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-02-29

REGISTERED NUMBER: OC325722 (England and Wales)

CONWY WATER GARDENS LLP

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

| General Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| CONWY WATER GARDENS LLP |

GENERAL INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DESIGNATED MEMBERS: | J P Harrison Esq

| Mrs A H Harrison

| REGISTERED OFFICE: | Acer House

| Glyn Isa

| Rowen

| Conwy

| LL32 8TP

| REGISTERED NUMBER: | OC325722 (England and Wales)

| ACCOUNTANTS: | Williams Denton Cyf

| Chartered Accountants & Chartered Tax Advisers

| San Remo

| 13 Trinity Square

| LLANDUDNO

| North Wales

| LL30 2RB

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

STATEMENT OF FINANCIAL POSITION

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1 |  | 1 |  |

Tangible assets | 5 | 409,994 |  | 410,549 |  |

409,995 |  | 410,550 |  |

CURRENT ASSETS

Stocks | 6 | 5,030 |  | 5,030 |  |

Debtors | 7 | - |  | 334 |  |

Cash at bank and in hand | 7,853 |  | 12,349 |  |

12,883 |  | 17,713 |  |

CREDITORS

Amounts falling due within one year | 8 | 139,990 |  | 99,684 |  |

NET CURRENT LIABILITIES | (127,107 | ) | (81,971 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 282,888 |  | 328,579 |  |

CREDITORS

Amounts falling due after more than one year | 9 | 40,532 |  | 60,865 |  |

NET ASSETS ATTRIBUTABLE TO MEMBERS | 242,356 |  | 267,714 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 11 | 242,356 |  | 267,714 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 11 | 242,356 |  | 267,714 |  |

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 28 February 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.

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

STATEMENT OF FINANCIAL POSITION - continued

28 FEBRUARY 2025

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 14 November 2025 and were signed by:

J P Harrison Esq - Designated member

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Conwy Water Gardens 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.

| Revenue recognition

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Goodwill

| Goodwill arose on the acquisition of the business on 27 February 2007. As the goodwill arising on this transaction was £1, there is no amortisation charge in the accounts.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | not provided

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on reducing balance

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Pension costs and other post-retirement benefits

| Pension contributions paid on behalf of staff and are charged against profits in the accounting period in which they are paid.

| Government grants

| Government grants in respect of capital expenditure are credited to deferred income and are released to profit over the expected useful lives of the relevant assets by equal annual instalments. Grants of a revenue nature are credited to income so as to match them with the expenditure to which they relate.

| Trade and other debtors

| Trade and other debtors are initially recognised at their transaction price, less impairment losses for bad and doubtful debts.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks and other short-term highly liquid investments with original maturities of 3 months or less.

| Trade and other creditors

| Trade and other creditors are initially recognised at their transaction price.

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 8 (2024 - 8 ) .

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 1 |  |

| NET BOOK VALUE

| At 28 February 2025 | 1 |  |

| At 29 February 2024 | 1 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 March 2024 | 401,771 |  | 41,578 |  | 34,265 |  |

| Additions | - |  | 1,902 |  | - |  |

| Disposals | - |  | - |  | - |  |

| At 28 February 2025 | 401,771 |  | 43,480 |  | 34,265 |  |

| DEPRECIATION

| At 1 March 2024 | - |  | 37,405 |  | 30,177 |  |

| Charge for year | - |  | 1,519 |  | 613 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 28 February 2025 | - |  | 38,924 |  | 30,790 |  |

| NET BOOK VALUE

| At 28 February 2025 | 401,771 |  | 4,556 |  | 3,475 |  |

| At 29 February 2024 | 401,771 |  | 4,173 |  | 4,088 |  |

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

5. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 March 2024 | 8,848 |  | 2,039 |  | 488,501 |  |

| Additions | - |  | 169 |  | 2,071 |  |

| Disposals | (8,848 | ) | - |  | (8,848 | ) |

| At 28 February 2025 | - |  | 2,208 |  | 481,724 |  |

| DEPRECIATION

| At 1 March 2024 | 8,448 |  | 1,922 |  | 77,952 |  |

| Charge for year | - |  | 94 |  | 2,226 |  |

| Eliminated on disposal | (8,448 | ) | - |  | (8,448 | ) |

| At 28 February 2025 | - |  | 2,016 |  | 71,730 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  | 192 |  | 409,994 |  |

| At 29 February 2024 | 400 |  | 117 |  | 410,549 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 5,030 |  | 5,030 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Prepayments | - |  | 334 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 83,183 |  | 42,824 |  |

| Trade creditors | 8,685 |  | 11,225 |  |

| Social security and other taxes | 9,381 |  | 6,238 |  |

| Accruals | 38,741 |  | 39,397 |  |

139,990 |  | 99,684 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Mortgage 1-2 years | 10,000 |  | 10,000 |  |

| Mortgage 2-5 years | 27,173 |  | 30,000 |  |

| Bank loan | 3,359 |  | 13,378 |  |

| Mortgage over 5 years | - |  | 7,487 |  |

40,532 |  | 60,865 |  |

CONWY WATER GARDENS LLP (REGISTERED NUMBER: OC325722) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Mortgage over 5 years | - |  | 7,487 |  |

10. | SECURED DEBTS

| The bank overdraft and mortgage are secured by a fixed and floating charge over the assets of the business.

11. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| 'Loans and other debts due to members' ranks equally with debts due to unsecured creditors, in the event of a winding up.