REGISTERED NUMBER: OC326195 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NEW YARD PARTNERSHIP LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr N Atkinson Willes

Mr B Atkinson Willes

Mrs A E Atkinson Willes

REGISTERED OFFICE:

Lains Farm House

Quarley

Andover

Hampshire

SP11 8PX

REGISTERED NUMBER:

OC326195 (England and Wales)

ACCOUNTANTS:

Hysons

Chartered Accountants

14 London Street

Andover

Hampshire

SP10 2PA

FIXED ASSETS

Tangible assets

5

1,762,779

1,767,145

CURRENT ASSETS

Debtors

6

-

317

Cash at bank

56,653

54,332

56,653

54,649

CREDITORS

Amounts falling due within one year

7

3,735

2,994

NET CURRENT ASSETS

52,918

51,655

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,815,697

1,818,800

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

1,814,697

1,817,800

MEMBERS' OTHER INTERESTS

Capital accounts

1,000

1,000

1,815,697

1,818,800

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

1,814,697

1,817,800

Members' other interests

1,000

1,000

1,815,697

1,818,800

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 11 December 2025 and were signed by:

Mrs A E Atkinson Willes - Designated member

1.	STATUTORY INFORMATION

New Yard Partnership LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Freehold property

-

2% on cost

Plant and machinery

-

over 20 years

Computer equipment

-

over 4 years

4.	EMPLOYEE INFORMATION

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

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,736,131

87,312

2,606

1,826,049

DEPRECIATION

At 1 April 2024

-

56,299

2,605

58,904

Charge for year

-

4,366

-

4,366

At 31 March 2025

-

60,665

2,605

63,270

NET BOOK VALUE

At 31 March 2025

1,736,131

26,647

1

1,762,779

At 31 March 2024

1,736,131

31,013

1

1,767,145

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

317

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,195

330

VAT

1,217

1,711

Accrued expenses

1,323

953

3,735

2,994

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' (other than members' capital classified as debt) rank equally with other unsecured creditors in the event of a winding up.