REGISTERED NUMBER: OC414303 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Angela Waters Properties LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

A Waters

Angela Waters Rentals Ltd

REGISTERED OFFICE:

Spring Cottage

Clay Lane

Durham

DH1 4QL

REGISTERED NUMBER:

OC414303 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Oaklea House

46 Coatham Road

Redcar

TS10 1RS

Fixed assets

Tangible assets

4

1,264,515

1,268,846

Current assets

Debtors

5

51,768

17,579

Creditors

Amounts falling due within one year

6

(1,242

)

(1,152

)

Net current assets

50,526

16,427

Total assets less current liabilities

and

Net assets attributable to members

1,315,041

1,285,273

Loans and other debts due to members

7

1,315,041

1,285,273

Total members' interests

Loans and other debts due to members

7

1,315,041

1,285,273

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 30 December 2025 and were signed by:

A Waters - Designated member

1.	STATUTORY INFORMATION

Angela Waters 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.

TURNOVER

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

TANGIBLE FIXED ASSETS

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

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,250,000

15,292

37,500

1,302,792

DEPRECIATION

At 1 April 2024

-

8,311

25,635

33,946

Charge for year

-

1,365

2,966

4,331

At 31 March 2025

-

9,676

28,601

38,277

NET BOOK VALUE

At 31 March 2025

1,250,000

5,616

8,899

1,264,515

At 31 March 2024

1,250,000

6,981

11,865

1,268,846

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

44,189

-

Other debtors

7,579

17,579

51,768

17,579

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accruals and deferred income

1,242

1,152

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Amounts owed to members in respect of profits

1,315,041

1,285,273

Falling due within one year

1,315,041

1,285,273

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.