Fairfield Performing Arts Welwyn-Hatfield LLP iXBRL

Fairfield Performing Arts Welwyn-Hatfield LLP

Unaudited Financial Statements

for the financial year ended 31 March 2026

Fairfield Performing Arts Welwyn-Hatfield LLP

MEMBERS AND OTHER INFORMATION

Members	J Fairfield
	D Thompson
	H Faulkner
	I Travers
	L Barker
	T Curtis-Smith


Limited Liability Partnership Number	OC450131


Registered Office	1-3-5 The Barracks
	White Cross
	Lancaster
	Lancashire
	LA1 4XQ
	United Kingdom


Business Address	Stage Right Studios
	Lumen Road
	Royston
	Hertfordshire
	SG8 7AF
	United Kingdom


Accountants	Smith & Co
	Chartered Certified Accountants
	1-3-5 The Barracks
	White Cross
	Lancaster
	Lancashire
	LA1 4XQ

Fairfield Performing Arts Welwyn-Hatfield LLP

STATEMENT OF MEMBERS' RESPONSIBILITIES IN RESPECT OF THE MEMBERS’ REPORT AND THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

The members are responsible for preparing the Members’ Report and the financial statements in accordance with applicable law and regulations.

Legislation applicable to limited liability partnerships requires the members to prepare financial statements for each financial year. Under that law the members have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", applying Section 1A of that Standard. Under company law as applied to Limited Liability Partnerships the members must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Limited Liability Partnership and of the profit or loss of the Limited Liability Partnership for that period.

The members are responsible for keeping adequate accounting records that are sufficient to show and explain the Limited Liability Partnership's transactions and disclose with reasonable accuracy at any time the financial position of the Limited Liability Partnership and enable them to ensure that the financial statements comply with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008. The members are also responsible for safeguarding the assets of the Limited Liability Partnership and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The members are responsible for the maintenance and integrity of the corporate and financial information included on the limited liability partnership website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the members on 22 June 2026

and signed on behalf of the members



__________________________________
J Fairfield
Designated Member

Fairfield Performing Arts Welwyn-Hatfield LLP

Limited Liability Partnership Number: OC450131

STATEMENT OF FINANCIAL POSITION

as at 31 March 2026


		2026	2025
	Notes	£	£

Current Assets

Cash at bank and in hand

24,358

42,336

─────────

Net Current Assets

24,358

42,336

─────────

Net assets attributable to members

24,358

42,336

═════════

Represented By:

Loans and other debts due to members within one year

Members' capital classified as a liability

42,336

Other amounts

(17,978)

31,818

─────────

24,358

31,818

Members' other interests

Other reserves classified as equity

10,518

─────────

24,358

42,336

═════════

Total Members' Interests

Loans and other debts due to members

24,358

31,818

Members' other interests

10,518

─────────

24,358

42,336

═════════

The Limited Liability Partnership has taken advantage of the exemption under section 444 not to file the Income Statement.

For the financial year ended 31 March 2026 the Limited Liability Partnership was entitled to exemption from audit under section 477 of the Companies Act 2006, as modified by Regulation 34 of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The members acknowledge their responsibilities for ensuring that the Limited Liability Partnership keeps accounting records which comply with Section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the Limited Liability Partnership as at the end of the financial year and of its profit and loss for the financial year then ended in accordance with Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Limited Liability Partnership.

These financial statements have been prepared in accordance with the special provisions relating to small Limited Liability Partnership within Part 15 of the Companies Act 2006 (as applied to Limited Liability Partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008) as amended.

These unaudited financial statements were approved by the members.

These financial statements were approved by the members and authorised for issue on 22 June 2026, and signed on their behalf by:

________________________________

J Fairfield

Designated Member

LLP No. OC450131

Fairfield Performing Arts Welwyn-Hatfield LLP

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

GENERAL INFORMATION

Fairfield Performing Arts Welwyn-Hatfield LLP is an LLP incorporated in England 1-3-5 The Barracks, White Cross, Lancaster, Lancashire, LA1 4XQ, United Kingdom is the registered office, which is also the principal place of business of the LLP. The nature of the LLP’s operations and its principal activities are set out in the Members' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

ACCOUNTING POLICIES

Statement of compliance

The financial statements of the Limited Liability Partnership for the financial year ended 31 March 2026 have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", applying Section 1A of the Standard, issued by the Financial Reporting Council and in accordance with the Companies Act 2006 as applied to limited liability partnerships by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, as amended.

Basis of preparation

The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets. The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the Limited Liability Partnership's financial statements.

Cash flow statement

The Limited Liability Partnership has availed of the exemption in Section 1A, FRS 102 from the requirement to prepare a Statement of Cash Flows because it is classified as a small entity.

Turnover

Turnover comprises amounts invoiced by the Limited Liability Partnership exclusive of value added tax.

Members' remuneration

Members' remuneration is treated as a charge against profits. It includes profits that are automatically divided between members by virtue of the members' agreement.

A member's share in the profit and loss for the financial year is accounted for as an allocation of profits.