ACCOUNTS - Final Accounts

Registered number: OC435641

WRENBRIDGE (WALTHAM 2) LLP

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

WRENBRIDGE (WALTHAM 2) LLP

REGISTERED NUMBER: OC435641

BALANCE SHEET

AS AT 31 MARCH 2025


	2025	2024
Note	£	£


CURRENT ASSETS
Debtors: amounts falling due within one year	4	3,862		2,493
Cash at bank and in hand		438		427
Creditors: amounts falling due within one year	5	(4,200)		(2,820)
NET CURRENT ASSETS			100		100
TOTAL ASSETS LESS CURRENT LIABILITIES			100		100
NET ASSETS			100		100

MEMBERS' OTHER INTERESTS
Members' capital classified as equity	100		100
		100		100

TOTAL MEMBERS' INTERESTS
Members' other interests	100	100

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

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.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the profit and loss account in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 8 December 2025.

B S Coles on behalf of Wrenbridge Land Limited

Designated member

The notes on pages 2 to 3 form part of these financial statements.

Page 1

WRENBRIDGE (WALTHAM 2) LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	GENERAL INFORMATION

Wrenbridge (Waltham 2) LLP is a private limited partnership incorporated in England and Wales. The address of its registered office is shown on the information page.

The LLP's functional and presentational currency is GBP

2.ACCOUNTING POLICIES

2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the LLP's accounting policies.

The following principal accounting policies have been applied:

2.2

TURNOVER

Turnover comprises revenue recognised by the LLP in respect of Property Development services supplied during the year, exclusive of Value Added Tax and trade discounts.

2.3

DIVISION AND DISTRIBUTION OF PROFITS

A division of profits is the mechanism by which the profits of an LLP become a debt due to members. A division may be automatic or discretionary, may relate to some or all of the profits for a financial period and may take place during or after the end of a financial period.

An automatic division of profits is one where the LLP does not have an unconditional right to avoid making a division of an amount of profits based on the members' agreement in force at the time, whereas a discretionary division of profits requires a decision to be made by the LLP, which it has the unconditional right to avoid making.

The LLP divides profits automatically. Automatic divisions of profits are recognised as 'Members' remuneration charged as an expense in .

In the event of the LLP making losses, the loss is recognised as a credit amount of 'Members' remuneration charged as an expense where it is automatically divided or as a debit within equity under 'Other reserves' if not divided automatically.

2.4

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

Page 2

WRENBRIDGE (WALTHAM 2) LLP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.5

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

CREDITORS

Short-term creditors are measured at the transaction price.

EMPLOYEES

The entity has no employees.

DEBTORS


					2025	2024
					£	£


Amounts due from members	3,862	2,493

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Trade creditors	-	720
Other creditors	1,950	600
Accruals and deferred income	2,250	1,500
	4,200	2,820

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