| The Redmoor Partnership LLP |
| Registered number: |
OC453731 |
| Balance Sheet |
| as at 31 March 2025 |
| Notes |
|
2025 |
|
| £ |
|
| Current assets |
|
|
|
|
| Stocks |
|
|
400,000 |
|
|
| Current Assets |
|
|
400,000 |
|
|
|
|
|
|
| Total assets less current liabilities |
|
|
400,000 |
|
|
|
| Net Current assets |
400,000 |
|
|
|
|
|
|
| Represented by: |
| Loans and other debts due to members |
4 |
|
400,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
400,000 |
|
|
|
|
|
|
| Total members' interests |
| Loans and other debts due to members |
4 |
|
400,000 |
|
|
|
|
400,000 |
|
|
|
|
|
|
| For the period ended 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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. |
| The 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. |
|
| These accounts were approved by the members on 22 December 2025 and signed on their behalf by: |
|
|
| P Stirland |
| Designated member |
|
| The Redmoor Partnership LLP |
| Notes to the Accounts |
| for the period from 12 September 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. |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Members' capital |
|
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital to members, even if that obligation is conditional. |
|
| 2 |
Business activity |
|
The LLP intends to develop residential housing on land that it owns and for which planning |
|
permission has been applied for |
|
| 3 |
Employees |
2025 |
|
| Number |
|
|
|
Average number of persons employed by the LLP |
0 |
|
|
|
|
|
|
|
|
|
| 4 |
Loans and other debts due to members |
2025 |
|
| £ |
|
|
|
Loans from members |
400,000 |
|
|
|
|
|
|
|
|
|
Amounts falling due within one year |
400,000 |
|
|
|
|
|
|
|
|
|
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up. |
|
|
| 5 |
Other information |
|
|
The Redmoor Partnership LLP is a limited liability partnership incorporated in England. Its registered office is: |
|
Redmoor Estate Main Road |
|
Birdham |
|
Chichester |
|
PO20 7HT |