2 Timbermill LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC421952

		31 March 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		104,051		104,051

			104,051		104,051
CURRENT ASSETS
Cash at bank and in hand		1,407		1,407

		1,407		1,407
Creditors: Amounts Falling Due Within One Year	5	(6,541 )		(6,541 )

NET CURRENT ASSETS (LIABILITIES)			(5,134 )		(5,134 )

TOTAL ASSETS LESS CURRENT LIABILITIES			98,917		98,917

NET ASSETS ATTRIBUTABLE TO MEMBERS			98,917		98,917

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		10,000		10,000
Other amounts		88,917		88,917

			98,917		98,917

			98,917		98,917

TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year			98,917		98,917

			98,917		98,917

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2 Timbermill LLP

Balance Sheet (continued)

As At 31 March 2025

For the period 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 Profit and Loss Account.

On behalf of the members

Ms Karon Chaproniere

Designated Member

16 January 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

2 Timbermill LLP is a limited liability partnership, incorporated in England & Wales, registered number OC421952 . The Registered Office is Jetset House Church Road, Lowfield Heath, Gatwick, West Sussex, RH11 0PQ.

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. 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:

Freehold

Not depreciated

3. Average Number of Employees

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

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 May 2024	104,051

As at 31 March 2025	104,051

Net Book Value
As at 31 March 2025	104,051

As at 1 May 2024	104,051

The freehold property relates to land, which is not depreciated. The value of the land has not changed significantly since acquisition.

5. Creditors: Amounts Falling Due Within One Year

	31 March 2025	30 April 2024
	£	£
Other creditors	6,541	6,541

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2 Timbermill LLP

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 March 2025

6. Related Party Transactions

In the year ending 30 April 2025 £10,000 (2024 - £10,000) was owed to K Chaproniere, this has been included in their partner account. The balance is interest free and repayable on demand.

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