REGISTERED NUMBER: OC327476 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

MEADOWS WR LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

C Meadows

Mrs K Meadows

REGISTERED OFFICE:

Unit 6

North Kettering Business Park

Kettering

Northamptonshire

NN14 1UE

REGISTERED NUMBER:

OC327476 (England and Wales)

ACCOUNTANTS:

Infinitas Accountants Limited

Unit 6

North Business Park

Cherry Hall Road

Kettering

Northamptonshire

NN14 1UE

FIXED ASSETS

Investment property

4

1,650,000

1,650,000

CURRENT ASSETS

Debtors

5

308,368

407,868

Cash at bank

8,343

11,761

316,711

419,629

CREDITORS

Amounts falling due within one year

6

4,017

4,695

NET CURRENT ASSETS

312,694

414,934

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,962,694

2,064,934

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

1,022,755

1,124,995

MEMBERS' OTHER INTERESTS

Other reserves

939,939

939,939

1,962,694

2,064,934

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

1,022,755

1,124,995

Members' other interests

939,939

939,939

1,962,694

2,064,934

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 19 December 2025 and were signed by:

C Meadows - Designated member

1.	STATUTORY INFORMATION

Meadows WR 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 recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the rents receivable.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

1,650,000

NET BOOK VALUE

At 31 March 2025

1,650,000

At 31 March 2024

1,650,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

308,368

407,868

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

4,017

4,695

7.

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.