REGISTERED NUMBER: OC435214 (England and Wales)

REPORT OF THE MEMBERS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

SOUTH ARCADE LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DESIGNATED MEMBERS:

Mr M N Winks

Mr H G Winks

Mr C Jones

Miss H Scott-Russell

Mr O B Green

REGISTERED OFFICE:

Eden House

Two Rivers Business Park

Witney

Oxfordshire

OX28 4BL

REGISTERED NUMBER:

OC435214 (England and Wales)

ACCOUNTANTS:

Bronsens

Chartered Certified Accountants

Hillside

Albion Street

Chipping Norton

Oxfordshire

OX7 5BH

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

DESIGNATED MEMBERS

The designated members during the year under review were:

Mr M N Winks

Mrs G L Winks

Mr H G Winks

Mr C Jones

Miss H Scott-Russell

Mr O B Green

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £94,472 (2024 - £479 profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

Mr M N Winks - Designated member

27 December 2025

TURNOVER

193,582

13,508

Cost of sales

81,842

12,094

GROSS PROFIT

111,740

1,414

Administrative expenses

17,945

935

OPERATING PROFIT

93,795

479

Interest receivable and similar income

677

-

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS

94,472

479

CURRENT ASSETS

Debtors

4

28,981

1

Cash at bank and in hand

183,307

3,500

212,288

3,501

CREDITORS

Amounts falling due within one year

5

144,517

3,000

NET CURRENT ASSETS

67,771

501

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

67,771

501

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

67,771

501

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

67,771

501

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 27 December 2025 and were signed by:

Mr M N Winks - Designated member

Mr O B Green - Designated member

1.	STATUTORY INFORMATION

South Arcade 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEE INFORMATION

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

8,511

-

Other debtors

470

-

VAT

-

1

Prepayments

20,000

-

28,981

1

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

12,977

-

VAT

31,540

-

Deferred income

100,000

-

Accrued expenses

-

3,000

144,517

3,000

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debt due to members ranks below that of other creditors.