1 June 2024 false No description of principal activity Taxfiler 2024.6 OC452515business:LimitedLiabilityPartnershipLLP2024-06-012025-03-31 OC4525152024-05-31 OC4525152024-06-012025-03-31 OC452515business:AuditExemptWithAccountantsReport2024-06-012025-03-31 OC452515business:FilletedAccounts2024-06-012025-03-31 OC4525152025-03-31 OC452515business:PartnerLLP12024-06-012025-03-31 OC452515business:PartnerLLP22024-06-012025-03-31 OC452515business:RegisteredOffice2024-06-012025-03-31 OC452515core:WithinOneYear2025-03-31 OC452515core:AfterOneYear2025-03-31 OC452515business:SmallEntities2024-06-012025-03-31 OC452515countries:EnglandWales2024-06-012025-03-31 iso4217:GBP xbrli:pure
Registered No. OC452515 (England and Wales)
Belfield Culmstock LLP Unaudited accounts for the period from 1 June 2024 to 31 March 2025
Belfield Culmstock LLP LLP Information for the period from 1 June 2024 to 31 March 2025
Designated members
Belfield Developments Limited
Mr Justin Denno
Registered Number
OC452515 (England and Wales)
Registered Office
Orchard House Orchard House Clyst St Mary Exeter EX5 1BR England
Accountants
The Fresh Accountancy Company Limited Orchard House Clyst St. Mary Exeter DEvon EX5 1BR
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Belfield Culmstock LLP Statement of financial position as at 31 March 2025
2025 
Notes
£ 
Current assets
Inventories
431,279 
Debtors
228,205 
Cash at bank and in hand
56,694 
716,178 
Creditors: amounts falling due within one year
(47,302)
Net current assets
668,876 
Total assets less current liabilities
668,876 
Creditors: amounts falling due after more than one year
(668,876)
Net assets attributable to members
- 
Represented by:
Total members' interests
For the period 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 17 December 2025.
Mr Justin Denno Designated member Limited Liability Partnership Registration No. OC452515
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Belfield Culmstock LLP Notes to the Accounts for the period from 1 June 2024 to 31 March 2025
1
Accounting policies
Basis of preparation
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.
Presentation currency
The accounts are presented in £ sterling.
Members' remuneration
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense. Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'.
Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads where appropriate. Directly attributable finance costs are also included in the valuation of work in progress. Provision is made for any foreseeable losses where appropriate. No element of profit is included n the valuation of work in progress.
2
Statutory information
Belfield Culmstock LLP is a limited liability partnership, incorporated in England and Wales, registration number OC452515. Its registered office is Orchard House Orchard House, Clyst St Mary, Exeter, EX5 1BR, England.
3
Inventories
2025 
£ 
Work in progress
431,279 
431,279 
4
Creditors: amounts falling due within one year
2025 
£ 
Trade creditors
17,898 
Taxes and social security costs
1,768 
Other creditors
27,636 
47,302 
5
Creditors: amounts falling due after more than one year
2025 
£ 
Bank loans
264,695 
Other creditors
398,581 
Accruals
5,600 
668,876 
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Belfield Culmstock LLP Notes to the Accounts for the period from 1 June 2024 to 31 March 2025
6
Transactions with related parties
The LLP received a loan of £348,581 during the year by a close family member of a Designated Member of the LLP. This loan was unsecured, interest bearing and repayable on demand, The balance owed to the related party at the year end was £354,181
7
Controlling party
The members are the controlling party by virtue of their controlling interest in the limited liability partnership. The ultimate controlling party is the same as the controlling party.
8
Average number of employees
During the period the average number of employees was 0.
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