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REGISTERED NUMBER: OC440180 (England and Wales)











Financial Statements

for the Period

3 December 2021 to 31 December 2022

for

GALIAN PROPERTY LLP

GALIAN PROPERTY LLP (REGISTERED NUMBER: OC440180)






Contents of the Financial Statements
for the Period 3 December 2021 to 31 December 2022




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3


GALIAN PROPERTY LLP

General Information
for the Period 3 December 2021 to 31 December 2022







DESIGNATED MEMBERS: Galian Group Ltd
Galian Investments Ltd





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: OC440180 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

GALIAN PROPERTY LLP (REGISTERED NUMBER: OC440180)

Balance Sheet
31 December 2022

Notes £   
FIXED ASSETS
Investment property 4 310,162
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 310,162

LOANS AND OTHER DEBTS DUE TO
MEMBERS

5

310,162

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 5 310,162

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

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 31 October 2023 and were signed by:





Galian Group Ltd - Designated member

GALIAN PROPERTY LLP (REGISTERED NUMBER: OC440180)

Notes to the Financial Statements
for the Period 3 December 2021 to 31 December 2022

1. STATUTORY INFORMATION

Galian Property 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
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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 310,162
At 31 December 2022 310,162
NET BOOK VALUE
At 31 December 2022 310,162

5. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank in pari pasu in relation to other creditors.