White Dott LLP - Accounts to registrar (filleted)

REGISTERED NUMBER: OC391851 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

WHITE DOTT LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

S J Belofsky

Mrs E Belofsky

REGISTERED OFFICE:

Studio I1C

Witan Studios

Witan Gate

Milton Keynes

Buckinghamshire

MK9 1EF

REGISTERED NUMBER:

OC391851 (England and Wales)

ACCOUNTANTS:

Panton Accountancy Services Limited

Studio I1C

Witan Studios

Witan Gate

Milton Keynes

Buckinghamshire

MK9 1EF

FIXED ASSETS

Tangible assets

4

60,000

70,000

Investment property

5

8,000,000

8,060,000

8,070,000

CURRENT ASSETS

Debtors

6

499,316

496,467

Cash at bank

18,376

24,271

517,692

520,738

CREDITORS

Amounts falling due within one year

7

132,101

125,386

NET CURRENT ASSETS

385,591

395,352

TOTAL ASSETS LESS CURRENT
LIABILITIES

8,445,591

8,465,352

CREDITORS

Amounts falling due after more than one
year

8

(1,861,287

)

(1,869,142

)

PROVISIONS FOR LIABILITIES

(1,247,045

)

(1,247,045

)

NET ASSETS ATTRIBUTABLE TO
MEMBERS

5,337,259

5,349,165

LOANS AND OTHER DEBTS DUE TO
MEMBERS

10

349,079

360,985

MEMBERS' OTHER INTERESTS

Revaluation reserve

11

4,988,180

5,337,259

5,349,165

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

10

349,079

360,985

Members' other interests

4,988,180

Amounts due from members

6

(242,730

)

(232,239

)

5,094,529

5,116,926

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 29 December 2025 and were signed by:

S J Belofsky - Designated member

Mrs E Belofsky - Designated member

1.	STATUTORY INFORMATION

White Dott LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents rents receivable on investment property.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

100,000

DEPRECIATION

At 1 April 2024

30,000

Charge for year

10,000

At 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

60,000

At 31 March 2024

70,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

8,000,000

NET BOOK VALUE

At 31 March 2025

8,000,000

At 31 March 2024

8,000,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2015

1,535,224

Valuation in 2016

1,200,000

Valuation in 2018

500,000

Valuation in 2019

2,000,000

Valuation in 2020

1,000,000

Cost

1,764,776

8,000,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

Cost

1,764,776

The investment property was valued on an open market basis on 31 March 2025 by the members .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other debtors

499,316

496,467

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other creditors

132,101

125,386

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

1,861,287

1,869,142

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

1,861,287

1,869,142

The LLP has a debenture with Natwest over the company's assets. The LLP's bank loan is secured on the LLP's investment property at North Weald, Enfield and Sawbridgeworth.

10.

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.

11.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

4,988,180