THE WATERSON PARTNERSHIP LLP

Company Registration Number
OC309612
(England and Wales)

Registered office: Suite 6 Broadmeads Pumping Station, Hertford Road, Ware, SG12 9LH, England

Audit Exempt Micro-Entity Accounts

For the Year Ended 31 October 2025

Prepared in accordance with the micro-entity provisions
of the Companies Act 2006 and FRS 105

THE WATERSON PARTNERSHIP LLP

Contents

Balance Sheet
Statement of Compliance
Notes to the Financial Statements

THE WATERSON PARTNERSHIP LLP

Balance sheet

As at 31 October 2025

2025
£		 2024
£
Fixed assets 2,350,632 2,693,468
 
Current assets 177,094 64,081
Creditors: amounts falling due within one year (111,181) (14,726)
Net current assets (liabilities) 65,913 49,355
Total assets less current liabilities 2,416,545 2,742,823
Creditors: amounts falling due after more than one year (1,110,872) (1,581,870)
 
Total net assets (liabilities) 1,305,673 1,160,953
 
Members' interests 1,305,673 1,160,953

THE WATERSON PARTNERSHIP LLP

Balance sheet continued

For the year ending 31 October 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.)

Designated Members' responsibilities:

These accounts have been prepared and delivered in accordance with the micro-entity provisions as they apply to LLPs.

The accounts were approved by the Members and authorised for issue on 26 October 2026.

Julie Clare
Designated Member

THE WATERSON PARTNERSHIP LLP

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. Accounting Policies

Turnover
Turnover is recognised when goods are delivered or services are provided.

Debtors
Debtors are recognised at the settlement amount due.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

THE WATERSON PARTNERSHIP LLP

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

3. Employee Information

The average number of employees during the year was 0.

4. Off-balance sheet arrangements

The company had no off-balance sheet arrangements during the year.

THE WATERSON PARTNERSHIP LLP

Notes to the Financial Statements (continued)

5. Advances, credit and guarantees granted to designated members

No advances or credit were granted to, and no guarantees were entered into on behalf of, the designated members during the year.

6. Financial commitments, guarantees and contingencies

The company had no financial commitments, guarantees or contingencies that are not included in the balance sheet.