0 false false false false false false false false false false false false false false false false No description of principal activity 2022-02-01 Sage Accounts Production Advanced 2021 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP NC000585 2022-02-01 2023-01-31 NC000585 2023-01-31 NC000585 2022-01-31 NC000585 bus:Director1 2022-02-01 2023-01-31 NC000585 bus:Director2 2022-02-01 2023-01-31 NC000585 core:WithinOneYear 2023-01-31 NC000585 core:WithinOneYear 2022-01-31 NC000585 core:RestatedAmount 2022-01-31 NC000585 bus:Micro-entities 2022-02-01 2023-01-31 NC000585 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 NC000585 bus:FullAccounts 2022-02-01 2023-01-31 NC000585 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 NC000585 bus:LimitedLiabilityPartnershipLLP 2022-02-01 2023-01-31
REGISTERED NUMBER: NC000585
Maryland Property LLP
Filleted Unaudited Financial Statements
31 January 2023
Maryland Property LLP
Statement of Financial Position
31 January 2023
2023
2022
£
£
Fixed assets
4,620,595
4,611,827
------------
------------
Current assets
503,233
660,602
Prepayments and accrued income
87,395
---------
---------
590,628
660,602
Creditors: amounts falling due within one year
3,863,867
4,119,225
------------
------------
Net current liabilities
( 3,273,239)
( 3,458,623)
------------
------------
Total assets less current liabilities
1,347,356
1,153,204
Accruals and deferred income
49,993
22,223
------------
------------
1,297,363
1,130,981
------------
------------
Loans and other debts due to members
1,297,363
1,130,981
Members' other interests
------------
------------
1,297,363
1,130,981
------------
------------
Notes to the financial statements
1.
Commitments, guarantees and contingencies
Bank loans and overdrafts are secured by a charge over the LLP's land and property, by fixed and floating charges over the assets of the LLP and by a guarantee provided by a limited company which is controlled by the two designated members of the LLP.
For the year ending 31 January 2023 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) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.
These financial statements were approved by the members and authorised for issue on 20 October 2023 , and are signed on their behalf by:
Mr. P. D. Marshall
Mrs. S. P. McCurry
Designated Member
Designated Member
Registered number: NC000585
The LLP is registered in Northern Ireland.
The address of the registered office is 95 Knockbracken Road, Moneyrea, Newtownards, Co. Down, BT23 6BF.