Winchester Theatre Arts 2020 LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC431242 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

WINCHESTER THEATRE ARTS 2020 LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DESIGNATED MEMBERS:

Ms J A Boer

Ms A Chatzitheodorou

Ms. L Goodwin

Ms. C Goodwin

REGISTERED OFFICE:

1 Crestview

161 Springvale Road

Winchester

SO23 7LF

REGISTERED NUMBER:

OC431242 (England and Wales)

ACCOUNTANTS:

Maven Accountants Limited

PO Box 1882

Southampton

Hampshire

SO15 9JZ

FIXED ASSETS

Tangible assets

4

2,605

3,864

CURRENT ASSETS

Debtors

5

8,128

605

Cash at bank

4,749

5,824

12,877

6,429

CREDITORS

Amounts falling due within one year

6

4,983

3,289

NET CURRENT ASSETS

7,894

3,140

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO
MEMBERS

10,499

7,004

LOANS AND OTHER DEBTS DUE
TO MEMBERS

7

10,499

7,004

TOTAL MEMBERS' INTERESTS

Loans and other debts due to
members

7

10,499

7,004

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 6 October 2025 and were signed by:

Ms. L Goodwin - Designated member

1.	STATUTORY INFORMATION

Winchester Theatre Arts 2020 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Members' capital

Members' capital is classified equity as there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

18,377

Additions

102

At 31 March 2025

18,479

DEPRECIATION

At 1 April 2024

14,513

Charge for year

1,361

At 31 March 2025

15,874

NET BOOK VALUE

At 31 March 2025

2,605

At 31 March 2024

3,864

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

-

605

Other debtors

8,128

-

8,128

605

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

187

-

Trade creditors

-

123

Taxation and social security

190

2,466

Other creditors

4,606

700

4,983

3,289

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

31.3.25

31.3.24

£

Amounts owed to members in respect of profits

10,499

7,004

Falling due within one year

10,499

7,004

Amounts Due to and from members

At the year-end date, the LLP was owed the following amounts by the members

J Boar £Nil (2023: £3,780.26)

L Goodwin £Nil (2023:£38,378.02)

A Chatzitheodorou £Nil (2023: £11,333.16)

In accordance with Clause 11.3 of the LLP Agreement any loan due from the member, to the LLP, shall be repayable by that member to the LLP as agreed and directed by the Members.

This debt is unsecured and ranks pari passu with "Other Debtors".

At the year-end date, the LLP owed the following amounts to the members:-

C Goodwin £7,663 (2023: owed the LLP £685)

L Goodwin £2,836 (2023: Owed the LLP £38,378)

This debt is unsecured and ranks pari passu with "Other Creditors".

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Winchester Theatre Arts 2020 LLP for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the members of Winchester Theatre Arts 2020 LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Winchester Theatre Arts 2020 LLP and state those matters that we have agreed to state to the members of Winchester Theatre Arts 2020 LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Winchester Theatre Arts 2020 LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Winchester Theatre Arts 2020 LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Winchester Theatre Arts 2020 LLP. You consider that Winchester Theatre Arts 2020 LLP is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Winchester Theatre Arts 2020 LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Maven Accountants Limited

PO Box 1882

Southampton

Hampshire

SO15 9JZ

6 October 2025