1 January 2025 false No description of principal activity Taxfiler 2024.6 OC397224 business:LimitedLiabilityPartnershipLLP 2025-01-01 2025-12-31 OC397224 2024-12-31 OC397224 2025-01-01 2025-12-31 OC397224 business:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 OC397224 business:FilletedAccounts 2025-01-01 2025-12-31 OC397224 2025-12-31 OC397224 business:PartnerLLP1 2025-01-01 2025-12-31 OC397224 business:PartnerLLP2 2025-01-01 2025-12-31 OC397224 business:PartnerLLP3 2025-01-01 2025-12-31 OC397224 business:RegisteredOffice 2025-01-01 2025-12-31 OC397224 2024-12-31 OC397224 core:WithinOneYear 2025-12-31 OC397224 core:WithinOneYear 2024-12-31 OC397224 core:ShareCapital 2025-12-31 OC397224 core:ShareCapital 2024-12-31 OC397224 business:SmallEntities 2025-01-01 2025-12-31 OC397224 countries:EnglandWales 2025-01-01 2025-12-31 OC397224 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered No. OC397224 (England and Wales)
Ash Mill Boxmoor LLP Unaudited accounts for the year ended 31 December 2025
Ash Mill Boxmoor LLP LLP Information for the year ended 31 December 2025
Designated members
Ash Mill Developments Ltd
Harbinger Productions Ltd
St Mary's Boxmoor Developments Ltd
Registered Number
OC397224 (England and Wales)
Registered Office
Amersham Court 154 Station Amersham Buckinghamshire HP6 5DW United Kingdom
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Ash Mill Boxmoor LLP Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Current assets
Inventories
911,263
1,420,838
Debtors
15,197
17,711
Cash at bank and in hand
380,832
452,830
1,307,292
1,891,379
Creditors: amounts falling due within one year
3
(92,676)
(102,500)
Net current assets
1,214,616
1,788,879
Net assets attributable to members
1,214,616
1,788,879
Represented by:
Loans and other debts due to members
4
1,214,613
1,788,876
Members' other interests
Members' capital classified as equity
3
3
1,214,616
1,788,879
Total members' interests
Loans and other debts due to members
1,214,613
1,788,876
Members' other interests
3
3
1,214,616
1,788,879
For the year ending 31 December 2025 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 25 June 2026.
Ash Mill Developments Ltd Designated member Limited Liability Partnership Registration No. OC397224
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Ash Mill Boxmoor LLP Notes to the Accounts for the year ended 31 December 2025
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
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 derived from the sale of property by the company at the point of completion.
Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of replacement costs and cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
Cash at bank
Cash at Bank in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.
Taxation
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
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Ash Mill Boxmoor LLP Notes to the Accounts for the year ended 31 December 2025
Members' participating interests
Members' participation rights are the rights of a member against the LLP that arise under the members' agreement (for example, in respect of amounts subscribed or otherwise contributed remuneration and profits). Members' participation rights in the earnings or assets of the LLP are analysed between those that are, from the LLP's perspective, either a financial liability or equity, in accordance with section 22 of FRS 102. A member's participation rights, including amounts subscribed or otherwise contributed by members, for example members' capital, are classed as liabilities unless the LLP has an unconditional right to refuse payment to members, in which case they are classified as equity. All amounts due to members that are classified as liabilities are presented within 'Loans and other debts due to members' and, where such an amount relates to current year profits, they are recognised within 'Members' remuneration charged as an expense' in arriving at the relevant year's results. Undivided amounts that are classified as equity are shown within 'Members' other interests'. Amounts recoverable from members are presented as debtors and shown as amounts due from members within members' interests. Where there exists an asset and liability component in respect of an individual member's participation rights, they are presented on a gross basis unless the LLP has both a legally enforceable right to set off the recognised amounts, and it intends either to settle on a net basis or to settle and realise these amounts simultaneously, in which case they are presented net. Once an unavoidable obligation has been created in favour of members through allocation of profits or other means, any undrawn profits remaining at the reporting date are shown as 'Loans and other debts due to members' to the extent they exceed debts due from a specific member.
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Ash Mill Boxmoor LLP Notes to the Accounts for the year ended 31 December 2025
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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. -- Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. -- Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. -- Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2
Statutory information
Ash Mill Boxmoor LLP is a limited liability partnership, incorporated in England and Wales, registration number OC397224. Its registered office is Amersham Court, 154 Station, Amersham, Buckinghamshire, HP6 5DW, United Kingdom.
3
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
42,104
Other creditors
9,533
-
Accruals
83,143
55,396
Deferred income
-
5,000
92,676
102,500
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Ash Mill Boxmoor LLP Notes to the Accounts for the year ended 31 December 2025
4
Loans and other debts due to members
2025
2024
£
£
Loans from members
1,048,330
1,585,033
Amounts due to members in respect of profits
166,283
203,843
1,214,613
1,788,876
Amounts falling due within one year
1,214,613
1,788,876
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
5
Controlling party
Ash Mill Developments Ltd, a designated member, is the ultimate controlling party by virtue of the partnership agreement.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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