Troutbeck Guest House LLP

	Page
Statement of Financial Position	1—2
Reconciliation of Members' Interests	3—4
Notes to the Financial Statements	4—5

Registered number: OC418570

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,894		3,406

			2,894		3,406
CURRENT ASSETS
Stocks	5	175		175
Debtors	6	404,936		347,957
Cash at bank and in hand		4,927		7,846

		410,038		355,978
Creditors: Amounts Falling Due Within One Year	7	(286,871 )		(248,088 )

NET CURRENT ASSETS (LIABILITIES)			123,167		107,890

TOTAL ASSETS LESS CURRENT LIABILITIES			126,061		111,296

NET ASSETS ATTRIBUTABLE TO MEMBERS			126,061		111,296

REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts		126,061		111,296

			126,061		111,296

			126,061		111,296

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			126,061		111,296

			126,061		111,296

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Troutbeck Guest House LLP

Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Income Statement.

On behalf of the members

Mr G Manning

Designated Member

09/10/2025

The notes on pages 4 to 5 form part of these financial statements.

	EQUITY	DEBT
	Members' other interests	Loans and other debts due to members less any amounts due from members in debtors
	Other Reserves	Other amounts	Total members' interest
	£	£	£
Amounts due to members	-	125,009	-

Balance at 1 December 2022	-	125,009	125,009
Profit/(loss) for the financial year available for discretionary division among members	24,978	-	24,978

Members' interests after profit/(loss) for the year	24,978	125,009	149,987
Other divisions of profits (losses)	(24,978)	24,978	-
Drawings	-	(38,691)	(38,691)

Amounts due to members	-	111,296	-

As at 31 March 2024 and 1 April 2024	-	111,296	111,296


Profit/(loss) for the financial year available for discretionary division among members	22,009	-	22,009

Members' interests after profit/(loss) for the year	22,009	111,296	133,305
Other divisions of profits (losses)	(22,009)	22,009	-
Drawings	-	(7,244)	(7,244)

Amounts due to members	-	126,061	-

As at 31 March 2025	-	126,061	126,061

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Troutbeck Guest House LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. General Information

Troutbeck Guest House LLP is a limited liability partnership, incorporated in England & Wales, registered number OC418570 . The Registered Office is 7-7c Snuff Street, Devizes, Wiltshire, SN10 1DU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

15% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 April 2024	5,429

As at 31 March 2025	5,429

Depreciation
As at 1 April 2024	2,023
Provided during the period	512

As at 31 March 2025	2,535

Net Book Value
As at 31 March 2025	2,894

As at 1 April 2024	3,406

5. Stocks

	31 March 2025	31 March 2024
	£	£
Materials	175	175

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Troutbeck Guest House LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Amounts owed by group undertakings	404,936	347,957

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	58,804	42,074
Amounts owed to group undertakings	174,183	152,336
Other creditors	43,803	44,093
Taxation and social security	10,081	9,585

	286,871	248,088

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