REGISTERED NUMBER: OC389733 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

WOODHILL ASSET MANAGEMENT LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DESIGNATED MEMBERS:

M L Bedford

P Wood

REGISTERED OFFICE:

9 Laggan Gardens

Bath

BA1 5RX

REGISTERED NUMBER:

OC389733 (England and Wales)

AUDITORS:

Richardson Swift Audit Ltd

Chartered Accountants

Statutory Auditor

11 Laura Place

Bath

BA2 4BL

FIXED ASSETS

Tangible assets

4

866

1,776

CURRENT ASSETS

Debtors

5

38,493

33,858

Cash at bank

169,315

127,840

207,808

161,698

CREDITORS

Amounts falling due within one year

6

5,483

7,480

NET CURRENT ASSETS

202,325

154,218

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

203,191

155,994

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

203,191

155,994

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

203,191

155,994

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 17 December 2025 and were signed by:

M L Bedford - Designated member

1.	STATUTORY INFORMATION

Woodhill Asset Management 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.

Turnover is recognised when services are rendered.

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.

Office equipment

-

33% on cost

Computer equipment

-

20% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Benefits received and receivable as an incentive to sign the operating lease are recognised on a straight line basis over the period until the date the rent is expected to the prevailing market rate.

3.	EMPLOYEE INFORMATION

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

4.	TANGIBLE FIXED ASSETS

Office

Computer

equipment

equipment

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

3,199

4,548

7,747

DEPRECIATION

At 1 October 2024

3,199

2,772

5,971

Charge for year

-

910

910

At 30 September 2025

3,199

3,682

6,881

NET BOOK VALUE

At 30 September 2025

-

866

866

At 30 September 2024

-

1,776

1,776

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,930

25,297

Other debtors

8,563

8,561

38,493

33,858

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

733

480

Other creditors

4,750

7,000

5,483

7,480

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

2025

2024

£

£

Loans from members

10,000

10,000

Amounts owed to members in respect of profits

193,191

145,994

203,191

155,994

Falling due within one year

203,191

155,994

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

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Catherine Edwards Bsc FCA (Senior Statutory Auditor)

for and on behalf of Richardson Swift Audit Ltd