REGISTERED NUMBER: OC376411 (England and Wales)

Report of the Members and

Financial Statements

for the Year Ended 31 March 2025

for

Countrywide South East LLP

Page

General Information

1

Report of the Members

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DESIGNATED MEMBERS:

Mrs S A Watson

J G Watson

REGISTERED OFFICE:

Sterling Court

4 Gresham Road

Brentwood

Essex

CM14 4HN

REGISTERED NUMBER:

OC376411 (England and Wales)

ACCOUNTANTS:

Johal & Company

Chartered Certified Accountants

& Registered Auditors

Spectrum House

2B Suttons Lane

Hornchurch

Essex

RM12 6RJ

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

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of

DESIGNATED MEMBERS

The designated members during the year under review were:

Mrs S A Watson

J G Watson

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The loss for the year before members' remuneration and profit shares was £1,506 (2024 - £NIL profit).

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:

J G Watson - Designated member

5 January 2026

TURNOVER

-

-

OPERATING PROFIT

-

-

Interest payable and similar expenses

1,506

-

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

(1,506

)

-

FIXED ASSETS

Tangible assets

4

26,479

26,479

CURRENT ASSETS

Debtors

5,257

33,479

Cash at bank

7,516

26,338

12,773

59,817

CREDITORS

Amounts falling due within one year

5

17,937

24,225

NET CURRENT (LIABILITIES)/ASSETS

(5,164

)

35,592

TOTAL ASSETS LESS CURRENT LIABILITIES

21,315

62,071

CREDITORS

Amounts falling due after more than one year

6

9,120

20,148

NET ASSETS ATTRIBUTABLE TO MEMBERS

12,195

41,923

LOANS AND OTHER DEBTS DUE TO MEMBERS

12,095

41,823

MEMBERS' OTHER INTERESTS

Capital accounts

100

100

12,195

41,923

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

12,095

41,823

Members' other interests

100

100

Amounts due from members

(5,257

)

(33,479

)

6,938

8,444

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 5 January 2026 and were signed by:

J G Watson - Designated member

1.	STATUTORY INFORMATION

Countrywide South East 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.

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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

35,318

DEPRECIATION

At 1 April 2024

and 31 March 2025

8,839

NET BOOK VALUE

At 31 March 2025

26,479

At 31 March 2024

26,479

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

8,005

8,005

Other creditors

9,932

16,220

17,937

24,225

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

9,120

20,148