REGISTERED NUMBER: OC332665 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BOMA WATERLOO LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

R Skerry

J S Smith

S P Willson

Mrs S M Willson

Mrs S A Smith

REGISTERED OFFICE:

Midway House

Leatherhead Road

Great Bookham

Surrey

KT23 4RR

REGISTERED NUMBER:

OC332665 (England and Wales)

ACCOUNTANTS:

Wilson Devenish

67 Newland Street

Witham

Essex

CM8 1AA

FIXED ASSETS

Investment property

4

2,200,000

2,200,000

CURRENT ASSETS

Debtors

5

3,954

1,930

Cash at bank

13,622

22,833

17,576

24,763

CREDITORS

Amounts falling due within one year

6

25,354

21,717

NET CURRENT (LIABILITIES)/ASSETS

(7,778

)

3,046

TOTAL ASSETS LESS CURRENT LIABILITIES

2,192,222

2,203,046

CREDITORS

Amounts falling due after more than one year

7

789,000

789,000

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,403,222

1,414,046

LOANS AND OTHER DEBTS DUE TO MEMBERS

562,223

573,047

MEMBERS' OTHER INTERESTS

Non-distributable reserve

8

840,999

840,999

1,403,222

1,414,046

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

562,223

573,047

Members' other interests

840,999

840,999

Amounts due from members

5

(2,165

)

-

1,401,057

1,414,046

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 October 2025 and were signed by:

R Skerry - Designated member

1.	STATUTORY INFORMATION

BOMA Waterloo 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income net of value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2024 - NIL ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,200,000

NET BOOK VALUE

At 31 March 2025

2,200,000

At 31 March 2024

2,200,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2010

(87,620

)

Valuation in 2011

(11,946

)

Valuation in 2012

287,932

Valuation in 2013

253,764

Valuation in 2014

198,870

Valuation in 2015

100,000

Valuation in 2016

50,000

Valuation in 2023

(150,000

)

Valuation in 2024

200,000

Cost

1,359,000

2,200,000

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,359,000

1,359,000

Investment property was valued on an open market basis on 31 March 2025 by the designated members .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,954

1,930

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Finance leases

3,000

-

Other creditors

22,354

21,717

25,354

21,717

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

789,000

789,000

8.

RESERVES

Non-distributable

reserve

£

At 1 April 2024

and 31 March 2025

840,999