| REGISTERED NUMBER: |
| New Look Lending LLP |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| REGISTERED NUMBER: |
| New Look Lending LLP |
| Financial Statements |
| for the Year Ended 31 March 2025 |
| New Look Lending LLP (Registered number: OC434059) |
| Contents of the Financial Statements |
| for the year ended 31 March 2025 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| New Look Lending LLP (Registered number: OC434059) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| and |
| NET LIABILITIES ATTRIBUTABLE TO MEMBERS |
- |
- |
| LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
- |
| TOTAL MEMBERS' INTERESTS |
| Amounts due from members | 4 | - | (1,474 | ) |
| 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 were approved by the members of the LLP and authorised for issue on |
| New Look Lending LLP (Registered number: OC434059) |
| Notes to the Financial Statements |
| for the year ended 31 March 2025 |
| 1. | STATUTORY INFORMATION |
| New Look Lending LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
| Registered number: |
| Registered office: |
| The LLP's principal place of business is 1A Bowcliffe Grange, Bowcliffe Hall, Bramham, Wetherby, LS23 6LP. |
| The functional and presentation currency for the company is pound sterling (£). All financial information presented has been rounded to the nearest (£), unless otherwise stated. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going concern |
| The LLP is dependant upon the continued support of its designated members and the creditors. The designated members are of the opinion that the LLP continues to be a going concern and have therefore adopted that basis in the preparation of the financial statements. |
| Financial instruments |
| The LLP has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments. |
| Financial instruments are recognised in the LLP's balance sheet when the LLP becomes party to the contractual provisions of the instrument. |
| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
| 3. | EMPLOYEE INFORMATION |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Amounts due from members | - | 1,474 |
| Other debtors |
| Prepayments and accrued income |
| New Look Lending LLP (Registered number: OC434059) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| Accruals and deferred income |