REGISTERED NUMBER: OC454302 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

29 OCTOBER 2024 TO 31 MARCH 2026

FOR

LANSDOWN CRESCENT TIMSBURY LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Crindau Gateway Limited

Johnstone Land Company (Bristol) Ltd

C J A Pulteney

REGISTERED OFFICE:

1110 Elliott Court

Herald Avenue

Coventry

West Midlands

CV5 6UB

REGISTERED NUMBER:

OC454302 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

CURRENT ASSETS

Stocks

1,011,937

Debtors

4

158,814

Cash at bank

43,128

1,213,879

CREDITORS

Amounts falling due within one year

5

2,100

NET CURRENT ASSETS

1,211,779

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

1,211,779

LOANS AND OTHER DEBTS DUE TO MEMBERS

6

1,211,679

MEMBERS' OTHER INTERESTS

Capital accounts

100

1,211,779

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

6

1,211,679

Members' other interests

100

Amounts due from members

4

(149,213

)

1,062,566

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2026.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 26 October 2026 and were signed by:

C J A Pulteney - Designated member

1.	STATUTORY INFORMATION

Lansdown Crescent Timsbury LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Turnover from the sale of land and buildings is recognised when significant risks and rewards of ownership of the land and buildings have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred, or to be incurred, in respect of the transaction can be measured reliably. This is usually on legal completion.

3.	EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts due from members

149,213

Other debtors

100

Prepayments

9,501

158,814

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Accrued expenses

2,100

6.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members' (other than members' capital classified as debt) rank after other creditors.