Ashford & Thistle Investments LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: SO300361 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ashford & Thistle Investments LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

E R Smith

A R Smith

D W Stephen

REGISTERED OFFICE:

7 Alva Street

Edinburgh

EH2 4PH

REGISTERED NUMBER:

SO300361 (Scotland)

ACCOUNTANT:

CWH Accounting

Mount Pleasant

Heads Nook

Brampton

Carlisle

Cumbria

CA8 9EH

FIXED ASSETS

Investment property

4

460,000

CURRENT ASSETS

Debtors

5

4

Cash at bank

28,151

16,214

28,155

16,218

CREDITORS

Amounts falling due within one year

6

5,537

8,054

NET CURRENT ASSETS

22,618

8,164

TOTAL ASSETS LESS CURRENT
LIABILITIES

482,618

468,164

CREDITORS

Amounts falling due after more than one
year

7

174,010

220,000

NET ASSETS ATTRIBUTABLE TO
MEMBERS

308,608

248,164

LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

563,358

502,914

MEMBERS' OTHER INTERESTS

Capital accounts

(254,750

)

(254,750

)

308,608

248,164

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

563,358

502,914

Members' other interests

(254,750

)

(254,750

)

308,608

248,164

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 9 December 2025 and were signed by:

E R Smith - Designated member

1.	STATUTORY INFORMATION

Ashford & Thistle Investments LLP is registered in Scotland. 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

460,000

NET BOOK VALUE

At 31 March 2025

460,000

At 31 March 2024

460,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

4

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

-

(1

)

Taxation and social security

4,155

1,605

Other creditors

1,382

6,450

5,537

8,054

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.3.25

31.3.24

£

Bank loans

174,010

220,000

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.