Silverfin false false 31/03/2025 01/04/2024 31/03/2025 Mrs C L Ives 04/09/2023 Ms O Williams 04/09/2023 Mrs S G Williams 04/09/2023 03 November 2025 The principal activity of the LLP during the financial year was mixed farming and letting of property. OC448949 2025-03-31 OC448949 bus:Director1 2025-03-31 OC448949 bus:Director2 2025-03-31 OC448949 bus:Director3 2025-03-31 OC448949 2024-03-31 OC448949 core:CurrentFinancialInstruments 2025-03-31 OC448949 core:CurrentFinancialInstruments 2024-03-31 OC448949 core:LandBuildings 2024-03-31 OC448949 core:PlantMachinery 2024-03-31 OC448949 core:FurnitureFittings 2024-03-31 OC448949 core:OfficeEquipment 2024-03-31 OC448949 core:OtherPropertyPlantEquipment 2024-03-31 OC448949 core:LandBuildings 2025-03-31 OC448949 core:PlantMachinery 2025-03-31 OC448949 core:FurnitureFittings 2025-03-31 OC448949 core:OfficeEquipment 2025-03-31 OC448949 core:OtherPropertyPlantEquipment 2025-03-31 OC448949 core:CostValuation 2024-03-31 OC448949 core:CostValuation 2025-03-31 OC448949 2024-04-01 2025-03-31 OC448949 bus:FilletedAccounts 2024-04-01 2025-03-31 OC448949 bus:SmallEntities 2024-04-01 2025-03-31 OC448949 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 OC448949 bus:LimitedLiabilityPartnershipLLP 2024-04-01 2025-03-31 OC448949 bus:Director1 2024-04-01 2025-03-31 OC448949 bus:Director2 2024-04-01 2025-03-31 OC448949 bus:Director3 2024-04-01 2025-03-31 OC448949 core:LandBuildings core:TopRangeValue 2024-04-01 2025-03-31 OC448949 core:PlantMachinery 2024-04-01 2025-03-31 OC448949 core:FurnitureFittings 2024-04-01 2025-03-31 OC448949 core:OfficeEquipment 2024-04-01 2025-03-31 OC448949 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 OC448949 2023-09-04 2024-03-31 OC448949 core:LandBuildings 2024-04-01 2025-03-31 iso4217:GBP xbrli:pure

Company No: OC448949 (England and Wales)

# R S WILLIAMS ESTATES LLP

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

R S WILLIAMS ESTATES LLP

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

R S WILLIAMS ESTATES LLP

## BALANCE SHEET

As at 31 March 2025
R S WILLIAMS ESTATES LLP

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 31.03.2025 |  | 31.03.2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 4 | 36,237,459 |  | 36,321,042
Investments | 5 | 837 |  | 837
|  | 36,238,296 |  | 36,321,879
Current assets |  |  |  |
Stocks |  | 302,660 |  | 259,784
Debtors | 6 | 103,884 |  | 692,101
Cash at bank and in hand |  | 1,265,220 |  | 1,110,351
|  | 1,671,764 |  | 2,062,236
Creditors: amounts falling due within one year | 7 | ( 139,585) |  | ( 401,055)
Net current assets |  | 1,532,179 |  | 1,661,181
Total assets less current liabilities |  | 37,770,475 |  | 37,983,060
Net assets attributable to members |  | 37,770,475 |  | 37,983,060
Represented by |  |  |  |
Loans and other debts due to members after more than one year |  |  |  |
Members' capital classified as a liability |  | (295,886) |  | (83,301)
|  | (295,886) |  | (83,301)
Members' other interests |  |  |  |
Members' capital classified as equity |  | 38,066,361 |  | 38,066,361
|  | 38,066,361 |  | 38,066,361
|  | 37,770,475 |  | 37,983,060
Total members' interests |  |  |  |
Loans and other debts due to members |  | (295,886) |  | (83,301)
Members' other interests |  | 38,066,361 |  | 38,066,361
|  | 37,770,475 |  | 37,983,060

For the financial 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.

Members' responsibilities:

- The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of R S Williams Estates LLP (registered number: OC448949) were approved and authorised for issue by the Board of Directors on 03 November 2025. They were signed on its behalf by:

Ms O Williams Designated member |  | Mrs C L Ives Designated member
Mrs S G Williams Designated member |

R S WILLIAMS ESTATES LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
R S WILLIAMS ESTATES LLP

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

##### General information and basis of accounting

R S Williams Estates LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales.
The address of the LLP's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom.
The principle place of business is Brickworth House, Whiteparish, Salisbury, SP5 2QE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer. Revenue from services is recognised as they are delivered.

##### Taxation

The taxation payable on the partnership's profits is the personal liability of the members, although payment of such liabilities is administered by the partnership on behalf of its members. Consequently, neither partnership taxation nor related deferred taxation is accounted for in these financial statements. Sums set aside in respect of members' tax obligations are included in the balance sheet within loans and other debts due to members, or are set against amounts due from members as appropriate.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Land and buildings | 50 years straight line
Plant and machinery | 25 % reducing balance
Fixtures and fittings | 25 % reducing balance
Office equipment | 25 % reducing balance
Other property, plant and equipment | 25 % reducing balance

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

##### Stocks

Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Provisions

Provisions are recognised when the LLP has a present obligation (legal or constructive) as a result of a past event, it is probable that the LLP will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| Year ended 31.03.2025 |  | Period from 04.09.2023 to 31.03.2024
| Number |  | Number
Monthly average number of persons employed by the LLP during the year | 0 |  | 0

#### 3. Members' remuneration

Profits are shared among the members in accordance with agreed profit sharing arrangements. Members are required to make their own provision for pensions from their profit shares.

| 31.03.2025 |  | 31.03.2024
| Number |  | Number
Average number of members during the financial year | 3 |  | 3

#### 4. Tangible assets

| Land and buildings |  | Plant and machinery |  | Fixtures and fittings |  | Office equipment |  | Other property, plant and equipment |  | Total
| £ |  | £ |  | £ |  | £ |  | £ |  | £
Cost |  |  |  |  |  |  |  |  |  |  |
At 01 April 2024 | 36,330,750 |  | 2,208 |  | 2,447 |  | 0 |  | 713 |  | 36,336,118
Additions | 0 |  | 6,650 |  | 0 |  | 723 |  | 0 |  | 7,373
At 31 March 2025 | 36,330,750 |  | 8,858 |  | 2,447 |  | 723 |  | 713 |  | 36,343,491
Accumulated depreciation |  |  |  |  |  |  |  |  |  |  |
At 01 April 2024 | 14,853 |  | 92 |  | 102 |  | 0 |  | 29 |  | 15,076
Charge for the financial year | 89,115 |  | 1,083 |  | 587 |  | 0 |  | 171 |  | 90,956
At 31 March 2025 | 103,968 |  | 1,175 |  | 689 |  | 0 |  | 200 |  | 106,032
Net book value |  |  |  |  |  |  |  |  |  |  |
At 31 March 2025 | 36,226,782 |  | 7,683 |  | 1,758 |  | 723 |  | 513 |  | 36,237,459
At 31 March 2024 | 36,315,897 |  | 2,116 |  | 2,345 |  | 0 |  | 684 |  | 36,321,042

#### 5. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 April 2024 | 837 |  | 837
At 31 March 2025 | 837 |  | 837
Carrying value at 31 March 2025 | 837 |  | 837
Carrying value at 31 March 2024 | 837 |  | 837

#### 6. Debtors

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade debtors | 56,966 |  | 649,432
Prepayments | 16,184 |  | 19,279
VAT recoverable | 30,564 |  | 9,140
Other debtors | 170 |  | 14,250
| 103,884 |  | 692,101

#### 7. Creditors: amounts falling due within one year

| 31.03.2025 |  | 31.03.2024
| £ |  | £
Trade creditors | 128,215 |  | 374,906
Other creditors | 11,370 |  | 26,149
| 139,585 |  | 401,055