Whitemark Group LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC423275 (England and Wales)

Unaudited Financial Statements

for the Period 29th March 2024 to 31st March 2025

for

WHITEMARK GROUP LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

N Joyner

R Joyner

Mrs J R Joyner

Whitemark Estates Limited

REGISTERED OFFICE:

72 Hill Road

Watlington

Oxfordshire

OX49 5AF

REGISTERED NUMBER:

OC423275 (England and Wales)

ACCOUNTANTS:

Quantulus Limited

Accountants & Business Advisors

Spen Cottage

Coombe Lane

Hughenden Valley

Buckinghamshire

HP14 4NX

FIXED ASSETS

Investment property

4

13,005,000

CURRENT ASSETS

Debtors

5

249,377

CREDITORS

Amounts falling due within one year

6

8,942

NET CURRENT ASSETS

240,435

TOTAL ASSETS LESS CURRENT
LIABILITIES

13,245,435

CREDITORS

Amounts falling due after more than one
year

7

7,293,033

NET ASSETS ATTRIBUTABLE TO
MEMBERS

5,952,402

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

5,952,402

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

9

5,952,402

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 period ended 31st 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 23rd December 2025 and were signed by:

N Joyner - Designated member

1.	STATUTORY INFORMATION

Whitemark Group LLP is registered in England and Wales. 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 as modified by the revaluation of certain assets.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 29th March 2024

and 31st March 2025

13,005,000

NET BOOK VALUE

At 31st March 2025

13,005,000

At 28th March 2024

13,005,000

Fair value at 31st March 2025 is represented by:

£

Valuation in 2020

(315,000

)

Valuation in 2022

25,000

Valuation in 2023

25,000

Valuation in 2024

135,943

Cost

13,134,057

13,005,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

249,377

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

2,128

Other creditors

6,814

8,942

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Other creditors

7,293,033

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Mortgage

7,293,033

9.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Members rank ahead of other creditors in a liquidation.