Registered No. OC398743 (England and Wales)
East Challows LLP
Unaudited accounts
for the year ended 31 March 2025
East Challows LLP
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
142
4,677
Creditors: amounts falling due within one year
(90,320)
(106,144)
Net current liabilities
(89,759)
(101,151)
Net liabilities attributable to members
(89,759)
(101,151)
Loans and other debts due to members
(89,759)
(101,151)
Loans and other debts due to members
(89,759)
(101,151)
For the year ending 31 March 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 4 December 2025.
Neptune Group Limited
Designated member
Limited Liability Partnership Registration No. OC398743
East Challows LLP
Notes to the Accounts
for the year ended 31 March 2025
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
The accounts are presented in £ sterling.
Having reviewed the resources available on the business, the members of East Challows LLP believe that the LLP has adequate resources to continue in operational existence for a period of at least 12 months from the date of approval of the financial statements. Accordingly, East Challows LLP continues to adopt the going concern basis in preparing its financial statements.
Inventories relate to development property and have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Members' shares in the profit or loss for the year are accounted for as an allocation of profits. Unallocated profits and losses are included within 'other reserves'.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
East Challows LLP is a limited liability partnership, incorporated in England and Wales, registration number OC398743. Its registered office is 14 Holywell Row, London , EC2A 4JB.
3
Creditors: amounts falling due within one year
2025
2024
Trade creditors
88,635
104,484
Other creditors
1,000
1,000
4
Loans and other debts due to members
2025
2024
Amounts due to members in respect of profits
(89,759)
(101,151)
Amounts falling due within one year
(89,759)
(101,151)
5
Average number of employees
During the year the average number of employees was 0 (2024: 0).