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REGISTERED NUMBER: OC434563 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Period 4 December 2020 to 31 March 2022

for

Primary Industrial Midlands LLP

Primary Industrial Midlands LLP (Registered number: OC434563)






Contents of the Financial Statements
for the Period 4 December 2020 to 31 March 2022




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Primary Industrial Midlands LLP

General Information
for the Period 4 December 2020 to 31 March 2022







DESIGNATED MEMBERS: M Shelley
K C Owen





REGISTERED OFFICE: Unit 21
Shifnal Industrial Estate
Lamledge Lane
Shifnal
TF11 8SD





REGISTERED NUMBER: OC434563 (England and Wales)





ACCOUNTANTS: Pabs Consultancy Limited
39A Joel Street
Northwood Hills
Middlesex
HA6 1NZ

Primary Industrial Midlands LLP (Registered number: OC434563)

Report of the Members
for the Period 4 December 2020 to 31 March 2022

The members present their report with the financial statements of the LLP for the period 4 December 2020 to 31 March 2022.

INCORPORATION
The LLP was incorporated on 4 December 2020 .

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of property letting.

DESIGNATED MEMBERS
The designated members during the period under review were:

M Shelley
K C Owen

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £7,956.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





K C Owen - Designated member


2 September 2022

Primary Industrial Midlands LLP (Registered number: OC434563)

Income Statement
for the Period 4 December 2020 to 31 March 2022

£   

TURNOVER -

Administrative expenses 13,780
(13,780 )

Other operating income 21,736
OPERATING PROFIT and
PROFIT FOR THE FINANCIAL PERIOD
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES AVAILABLE
FOR DISCRETIONARY DIVISION
AMONG MEMBERS




7,956

Primary Industrial Midlands LLP (Registered number: OC434563)

Balance Sheet
31 March 2022

Notes £    £   
FIXED ASSETS
Tangible assets 4 268,870

CURRENT ASSETS
Debtors 5 7,195
Cash at bank 5,159
12,354
CREDITORS
Amounts falling due within one year 6 5,268
NET CURRENT ASSETS 7,086
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

275,956

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

275,956

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 275,956

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 2022.

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 in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 2 September 2022 and were signed by:





K C Owen - Designated member

Primary Industrial Midlands LLP (Registered number: OC434563)

Notes to the Financial Statements
for the Period 4 December 2020 to 31 March 2022

1. STATUTORY INFORMATION

Primary Industrial Midlands 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 268,870
At 31 March 2022 268,870
NET BOOK VALUE
At 31 March 2022 268,870

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 2,237
Other debtors 4,958
7,195

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 2,011
Other creditors 3,257
5,268

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and others debts due to members (other than members capital classified as debt) ranks in parri-passu in relation to other creditors.