Company No: OC321587 (England and Wales)

Contents

• Limited Liability Partnership Information
• Profit and Loss Account
• Balance Sheet
• Reconciliation of Members' Interests
• Notes to the Financial Statements

Designated members	D R Beamish
	J G B Fish
	M J Noy
	D C Peele

Registered office	29 Orbel Street
	London
	SW11 3NX
	United Kingdom

Registered number

OC321587 (England and Wales)

Accountant	Kreston Reeves LLP
	Springfield House
	Springfield Road
	Horsham
	West Sussex
	RH12 2RG

		2026		2025
		£		£
Turnover		600		1,800
Administrative expenses		( 2,661)		( 2,887)
Operating loss		( 2,061)		( 1,087)
Loss for the financial year available for discretionary division among members		( 2,061)		( 1,087)

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	75,504		75,504
		75,504		75,504
Creditors: amounts falling due within one year	4	( 14,614)		( 11,953)
Net current liabilities		(14,614)		(11,953)
Total assets less current liabilities		60,890		63,551
Net assets attributable to members		60,890		63,551
Represented by
Loans and other debts due to members within one year
Members' capital classified as a liability		60,890		63,551
		60,890		63,551
Total members' interests
Loans and other debts due to members		60,890		63,551
		60,890		63,551

Westley Partnership LLP has no equity and, in accordance with the provisions contained within the Statement of Recommended Practice "Accounting by Limited Liability Partnerships", has not presented a Statement of changes in equity.

For the financial year ending 31 March 2026 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.

Members' responsibilities:

• The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements of Westley Partnership LLP (registered number: OC321587) were approved and authorised for issue by the members on 14 October 2026. They were signed on its behalf by:

D R Beamish Designated member

	EQUITY Members' other interests	DEBT Loans and other debts due to members less any amounts due from members in debtors	Total members' interests
	Other reserves	Members' capital (classified as debt)	Total
	£	£	£
Amounts due to members		65,238
Balance at 01 April 2024	0	65,238	65,238
Loss for the financial year available for discretionary division among members	(1,087)	0	(1,087)
Members' interest after loss for the financial year	(1,087)	65,238	64,151
Division of loss	1,087	(1,087)	0
Drawings on account	0	(600)	(600)
Amounts due to members		63,551
Balance at 31 March 2025	0	63,551	63,551
Loss for the financial year available for discretionary division among members	(2,061)	0	(2,061)
Members' interest after loss for the financial year	(2,061)	63,551	61,490
Division of loss	2,061	(2,061)	0
Drawings on account	0	(600)	(600)
Amounts due to members		60,890
Balance at 31 March 2026	0	60,890	60,890

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Westley Partnership LLP is a limited liability partnership, incorporated in the United Kingdom under the Limited Liability Partnerships Act 2000 and is registered in England and Wales. The registered number is OC321587. The address of the LLP's registered office is 29 Orbel Street, London, SW11 3NX, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Limited Liability Partnerships Act 2000 as applicable to companies subject to the small companies regime and the requirements of the Statement of Recommended Practice Accounting by Limited Liability Partnerships issued in December 2021 (SORP 2022).

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The members have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The members have a reasonable expectation that the LLP has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the LLP becomes a party to the contractual provisions of the instrument.

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 LLP after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the LLP intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the LLP during the year	0		0

The entity has no employees.

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 April 2025	75,504		75,504
At 31 March 2026	75,504		75,504
Accumulated depreciation
At 01 April 2025	0		0
At 31 March 2026	0		0
Net book value
At 31 March 2026	75,504		75,504
At 31 March 2025	75,504		75,504

4. Creditors: amounts falling due within one year

	2026		2025
	£		£
Accruals	2,234		2,099
Other creditors	12,380		9,854
	14,614		11,953

5. Related party transactions

Transactions with owners holding a participating interest in the entity

	2026		2025
	£		£
Kislingbury Farm LLP	12,380		9,854

At the balance sheet date the partnership owed an amount of £12,380 (2025: £9,854) to Kislingbury Farm LLP, a partnership in which D C Peele, D R Beamish, M J Noy and J G Fish are also members.

6. Loans and other debts due to members

	2026		2025
	£		£
Members' capital treated as debt	60,890		63,551

Loans and other debts due to members may be further analysed as follows:

	2026		2025
	£		£
Falling due within one year	60,890		63,551

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