REGISTERED NUMBER: OC350863 (England and Wales)

Bernard Williams Associates LLP

Unaudited Financial Statements

for the Year Ended 31st March 2025

Page

General Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Designated members:

Mr A P Gaunt

Mr S R T King

Mr W R Edson

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

OC350863 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Tangible assets

4

15,070

21,529

Investments

5

100

100

15,170

21,629

Current assets

Debtors

6

44,022

43,892

Cash at bank

663

5,629

44,685

49,521

Creditors

Amounts falling due within one year

7

45,232

50,533

Net current liabilities

(547

)

(1,012

)

Total assets less current liabilities

14,623

20,617

Creditors

Amounts falling due after more than one year

8

9,500

15,500

Net assets attributable to members

5,123

5,117

Loans and other debts due to members

10

5,123

5,117

Total members' interests

Loans and other debts due to members

10

5,123

5,117

Amounts due from members

6

(5,028

)

(4,898

)

95

219

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 31st 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 19th December 2025 and were signed by:

Mr S R T King - Designated member

1.	Statutory information

Bernard Williams Associates 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.

Preparation of consolidated financial statements

The financial statements contain information about Bernard Williams Associates LLP as an individual LLP and do not contain consolidated financial information as the parent of a group. The LLP has taken the option under Section 398 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 not to prepare consolidated financial statements.

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 the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles

-

30% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employee information

The average number of employees during the year was 3 (2024 - 2 ) .

4.	Tangible fixed assets

Motor

vehicles

£

Cost

At 1st April 2024

and 31st March 2025

43,937

Depreciation

At 1st April 2024

22,408

Charge for year

6,459

At 31st March 2025

28,867

Net book value

At 31st March 2025

15,070

At 31st March 2024

21,529

5.	Fixed asset investments

Shares in

group

undertakings

£

Cost

At 1st April 2024

and 31st March 2025

100

Net book value

At 31st March 2025

100

At 31st March 2024

100

The LLP's investments at the Statement of Financial Position date in the share capital of companies include the following:

BWA (Europe) Limited

Registered office: 4th Floor, 100 Fenchurch Street, London, EC3M 5JD

Nature of business: Chartered Surveyors

%

Class of shares:

holding

Ordinary

100.00

2025

2024

£

£

Aggregate capital and reserves

249,614

209,137

Profit for the year

40,477

162,596

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

44,022

43,892

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

276

-

Amounts owed to group undertakings

12,917

34,837

Taxation and social security

20,008

3,716

Other creditors

12,031

11,980

45,232

50,533

8.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

9,500

15,500

9.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

3,942

10.

Loans and other debts due to members

In event of winding up the amounts included in "Loans and other debts due to members" will rank equally with unsecured creditors.