REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2023 |
FOR |
WULSTAN CAPITAL (DONCASTER) LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 5 APRIL 2023 |
FOR |
WULSTAN CAPITAL (DONCASTER) LLP |
WULSTAN CAPITAL (DONCASTER) LLP (REGISTERED NUMBER: OC397012) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the year ended 5 April 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
WULSTAN CAPITAL (DONCASTER) LLP |
GENERAL INFORMATION |
for the year ended 5 April 2023 |
DESIGNATED MEMBERS: |
I Martin |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
One Eastwood |
Harry Weston Road |
Binley Business Park |
Coventry |
CV3 2UB |
WULSTAN CAPITAL (DONCASTER) LLP (REGISTERED NUMBER: OC397012) |
BALANCE SHEET |
5 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,060,253 |
1,079,144 |
WULSTAN CAPITAL (DONCASTER) LLP (REGISTERED NUMBER: OC397012) |
BALANCE SHEET - continued |
5 April 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
16,306 |
35,197 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 420,000 | 420,000 |
Revaluation reserve | 9 |
1,060,253 | 1,079,144 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 16,306 | 35,197 |
Members' other interests | 1,043,947 | 1,043,947 |
1,060,253 | 1,079,144 |
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. |
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 |
WULSTAN CAPITAL (DONCASTER) LLP (REGISTERED NUMBER: OC397012) |
NOTES TO THE FINANCIAL STATEMENTS |
for the year ended 5 April 2023 |
1. | STATUTORY INFORMATION |
Wulstan Capital (Doncaster) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page. |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2022 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 6 April 2022 |
and 5 April 2023 |
NET BOOK VALUE |
At 5 April 2023 |
At 5 April 2022 |
Fair value at 5 April 2023 is represented by: |
£ |
Valuation in 2018 | 417,098 |
Valuation in 2020 | 86,350 |
Valuation in 2021 | 120,500 |
Cost | 801,052 |
1,425,000 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Trade debtors |
Other debtors |
WULSTAN CAPITAL (DONCASTER) LLP (REGISTERED NUMBER: OC397012) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the year ended 5 April 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2022 |
£ | £ |
Bank loans |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
In the event of winding up, amounts in 'Loans and other debts due to members' (other than members' capital classified as debt) would rank pari passu with other creditors who are unsecured. There is no protection afforded to creditors in such an event which is legally enforceable and cannot be revoked solely by a decision of the members. |
There are no such restrictions or limitations existing on the ability of the members to reduce the amount of 'Members ' other interests'. |
9. | RESERVES |
Revaluation |
reserve |
£ |
At 6 April 2022 |
and 5 April 2023 |