REGISTERED NUMBER: OC438139 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

WINSLADE PROPERTIES LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Mr S Shulton

Mr G H Shulton

Mr M Shulton

Ms S Shulton

REGISTERED OFFICE:

Ground Floor

Marlborough House

298 Regents Park Road

Finchley

N3 2SZ

REGISTERED NUMBER:

OC438139 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Investment property

4

1,240,000

1,036,000

CURRENT ASSETS

Debtors

5

3,407

2,474

Cash at bank

49,754

40,566

53,161

43,040

CREDITORS

Amounts falling due within one year

6

3,145

2,910

NET CURRENT ASSETS

50,016

40,130

TOTAL ASSETS LESS CURRENT LIABILITIES

1,290,016

1,076,130

CREDITORS

Amounts falling due after more than one year

7

876,538

876,045

NET ASSETS ATTRIBUTABLE TO MEMBERS

413,478

200,085

LOANS AND OTHER DEBTS DUE TO MEMBERS

8

413,478

200,085

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

8

413,478

200,085

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 23 December 2025 and were signed by:

Mr S Shulton - Designated member

1.	STATUTORY INFORMATION

Winslade Properties 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.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,036,000

Revaluations

219,600

Impairments

(15,600

)

At 31 March 2025

1,240,000

NET BOOK VALUE

At 31 March 2025

1,240,000

At 31 March 2024

1,036,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

204,000

Cost

1,036,000

1,240,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

793

-

Prepayments and accrued income

2,614

2,474

3,407

2,474

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Accruals and deferred income

3,145

2,910

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans more than five

years non-instalments

876,538

876,045

876,538

876,045

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more than five

years non-instalments

876,538

876,045

876,538

876,045

8.

LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.

9.	RELATED PARTY DISCLOSURES

Included within profit and loss is non-distributable income of £204,000 (2024: nil) arising from the revaluation of investments.

Included in other debtors is £480 which is owed to another company which is under common control.

The debt have no fixed date for repayments, is repayable on demand and is non-interest bearing.