1 April 2021 false No description of principal activity Taxfiler 2022.8.3 OC301721business:LimitedLiabilityPartnershipLLP2021-04-012022-03-31 OC3017212021-03-31 OC3017212021-04-012022-03-31 OC301721business:AuditExemptWithAccountantsReport2021-04-012022-03-31 OC301721business:FullAccounts2021-04-012022-03-31 OC3017212022-03-31 OC301721business:PartnerLLP12021-04-012022-03-31 OC301721business:PartnerLLP22021-04-012022-03-31 OC301721business:RegisteredOffice2021-04-012022-03-31 OC3017212021-03-31 OC301721core:WithinOneYear2022-03-31 OC301721core:WithinOneYear2021-03-31 OC301721core:ShareCapital2022-03-31 OC301721core:ShareCapital2021-03-31 OC301721business:SmallEntities2021-04-012022-03-31 OC301721core:FurnitureFittings2021-04-012022-03-31 OC301721countries:EnglandWales2021-04-012022-03-31 OC301721core:FurnitureFittings2021-03-31 OC301721core:FurnitureFittings2022-03-31 OC3017212020-04-012021-03-31 iso4217:GBP xbrli:pure
Registered No. OC301721 (England and Wales)
Canning Holiday Lettings LLP Unaudited accounts for the year ended 31 March 2022
Canning Holiday Lettings LLP LLP Information for the year ended 31 March 2022
Designated members
Mr C Bodhan
Mr Ashok Jani
Registered Number
OC301721 (England and Wales)
Registered Office
321 Main Street Calverton Nottingham NG14 6LT
Accountants
Add-itions Accountancy Solutions Ltd 321 Main Street Calverton Nottingham Nottinghamshire NG14 6LT
- 2 -
Canning Holiday Lettings LLP Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
65 
87 
Investment property
189,000 
189,000 
189,065 
189,087 
Current assets
Debtors
8,803 
2,399 
Cash at bank and in hand
57,709 
59,861 
66,512 
62,260 
Creditors: amounts falling due within one year
(4,227)
- 
Net current assets
62,285 
62,260 
Net assets attributable to members
251,350 
251,347 
Represented by:
Loans and other debts due to members
198,178 
198,175 
Members' other interests
Members' capital classified as equity
53,172 
53,172 
251,350 
251,347 
Total members' interests
Loans and other debts due to members
198,178 
198,175 
Members' other interests
53,172 
53,172 
251,350 
251,347 
For the year ending 31 March 2022 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 26 July 2022.
Mr Ashok Jani Designated member Limited Liability Partnership Registration No. OC301721
- 3 -
Canning Holiday Lettings LLP Notes to the Accounts for the year ended 31 March 2022
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 represents rental income received.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Foreign currencies
Transactions in foreign currencies are recorded using the rate of exchange ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated using the rate of exchange ruling at the balance sheet date and the gains or losses on translation are included in the profit and loss account.
2
Statutory information
Canning Holiday Lettings LLP is a limited liability partnership, incorporated in England and Wales, registration number OC301721. Its registered office is 321 Main Street, Calverton, Nottingham, NG14 6LT.
- 4 -
Canning Holiday Lettings LLP Notes to the Accounts for the year ended 31 March 2022
3
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2021
10,433 
At 31 March 2022
10,433 
Depreciation
At 1 April 2021
10,346 
Charge for the year
22 
At 31 March 2022
10,368 
Net book value
At 31 March 2022
65 
At 31 March 2021
87 
4
Investment property
2022 
£ 
Fair value at 1 April 2021
189,000 
At 31 March 2022
189,000 
Fair value at 31 March 2022 is represented by: Cost £136,828 Valuation in 2019 £52,172 The investment property was valued on an open market basis on 31 March 2022 by the directors.
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other creditors
4,227 
- 
6
Loans and other debts due to members
2022 
2021 
£ 
£ 
Members' capital classified as a liability
198,178 
198,175 
Amounts falling due within one year
198,178 
198,175 
Loans and other debts due to members' (other than members' capital classified as debt) would only be paid after all other creditors had been settled.
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 5 -