REGISTERED NUMBER: OC445321 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Triang Leisure LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

J W Owen

Mrs R M Owen

REGISTERED OFFICE:

Penrhos Farm

Llanymynech

Powys

SY22 6QH

REGISTERED NUMBER:

OC445321 (England and Wales)

ACCOUNTANTS:

Pareto Tax & Wealth LLP

The Old Schoolhouse

5-7 Byrom Street

Manchester

M3 4PF

FIXED ASSETS

Tangible assets

4

1,061,595

509,597

CURRENT ASSETS

Debtors

5

14,976

236,909

Cash at bank

3,788

8,474

18,764

245,383

CREDITORS

Amounts falling due within one year

6

22,780

31,740

NET CURRENT (LIABILITIES)/ASSETS

(4,016

)

213,643

TOTAL ASSETS LESS CURRENT LIABILITIES

1,057,579

723,240

CREDITORS

Amounts falling due after more than one year

7

123,516

-

NET ASSETS ATTRIBUTABLE TO MEMBERS

934,063

723,240

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

934,063

723,240

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

934,063

723,240

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 Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 18 November 2025 and were signed by:

J Owen - Designated member

1.	STATUTORY INFORMATION

Triang Leisure 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

at varying rates on cost

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

613,319

Additions

688,133

At 31 March 2025

1,301,452

DEPRECIATION

At 1 April 2024

103,722

Charge for year

136,135

At 31 March 2025

239,857

NET BOOK VALUE

At 31 March 2025

1,061,595

At 31 March 2024

509,597

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

688,133

At 31 March 2025

688,133

DEPRECIATION

Charge for year

103,220

At 31 March 2025

103,220

NET BOOK VALUE

At 31 March 2025

584,913

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

12,000

12,000

Other debtors

2,976

224,909

14,976

236,909

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

11,671

-

Trade creditors

-

31,640

Amounts owed to group undertakings

10,100

100

Other creditors

1,009

-

22,780

31,740

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

123,516

-

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members only take drawings where cash is available and other creditors are not adversely affected.

9.	RELATED PARTY DISCLOSURES

At 31 March 2025 the LLP owed £10,100 (2024: £100) to Triang Developments Limited, an entity under common control.

The amount is interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The LLP is controlled by the designated members.