REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
for the Period |
6 April 2023 to 30 September 2023 |
for |
Parker Pennington Property LLP |
REGISTERED NUMBER: |
Report of the Members and |
Unaudited Financial Statements |
for the Period |
6 April 2023 to 30 September 2023 |
for |
Parker Pennington Property LLP |
Parker Pennington Property LLP (Registered number: OC371773) |
Contents of the Financial Statements |
for the Period 6 April 2023 to 30 September 2023 |
Page |
General Information | 1 |
Report of the Members | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
Parker Pennington Property LLP |
General Information |
for the Period 6 April 2023 to 30 September 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
16 Beaufort Court |
Admirals Way |
London |
Docklands |
London |
E14 9XL |
Parker Pennington Property LLP (Registered number: OC371773) |
Report of the Members |
for the Period 6 April 2023 to 30 September 2023 |
The members present their report with the financial statements of the LLP for the period 6 April 2023 to 30 September 2023. |
PRINCIPAL ACTIVITY |
The principal activity of the LLP in the period under review was that of rental of properties. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The profit for the period before members' remuneration and profit shares was £58,956 (2023 - £9,348 profit). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
Parker Pennington Property LLP (Registered number: OC371773) |
Income Statement |
for the Period 6 April 2023 to 30 September 2023 |
Period |
6.4.23 |
to | Year Ended |
30.9.23 | 5.4.23 |
Notes | £ | £ |
REVENUE |
Administrative expenses |
(1,204 | ) | (2,402 | ) |
Other operating income |
OPERATING PROFIT |
Interest payable and similar expenses |
PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
58,956 |
9,348 |
PROFIT FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
58,956 |
9,348 |
Members' remuneration charged as an expense |
4 |
(58,956 |
) |
(9,348 |
) |
PROFIT FOR THE FINANCIAL PERIOD AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
Parker Pennington Property LLP (Registered number: OC371773) |
Balance Sheet |
30 September 2023 |
30.9.23 | 5.4.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 5 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
- |
78,270 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
78,270 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | - | 78,270 |
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 were approved by the members of the LLP and authorised for issue on |
Parker Pennington Property LLP (Registered number: OC371773) |
Notes to the Financial Statements |
for the Period 6 April 2023 to 30 September 2023 |
1. | STATUTORY INFORMATION |
Parker Pennington 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. |
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 profit or loss. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2023 - NIL). |
4. | INFORMATION IN RELATION TO MEMBERS |
Period |
6.4.23 |
to | Year Ended |
30.9.23 | 5.4.23 |
£ | £ |
Members' remuneration charged as an expense |
Automatic division of profit | 58,956 | 9,348 |
Period |
6.4.23 |
to | Year Ended |
30.9.23 | 5.4.23 |
£ | £ |
The average members' remuneration during the period was | - | - |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 6 April 2023 |
Disposals | ( |
) |
At 30 September 2023 |
NET BOOK VALUE |
At 30 September 2023 |
At 5 April 2023 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.9.23 | 5.4.23 |
£ | £ |
Trade creditors | ( |
) |
Parker Pennington Property LLP (Registered number: OC371773) |
Notes to the Financial Statements - continued |
for the Period 6 April 2023 to 30 September 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.9.23 | 5.4.23 |
£ | £ |
Other creditors |
Amounts falling due in more than five years: |
Repayable by instalments |
Other loans more 5yrs instal | - | 106,518 |