Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-03-16falseProperty management4trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. OC441478 2022-03-15 OC441478 2022-03-16 2023-03-31 OC441478 2021-03-16 2022-03-15 OC441478 2023-03-31 OC441478 c:CurrentFinancialInstruments 2023-03-31 OC441478 c:CurrentFinancialInstruments c:WithinOneYear 2023-03-31 OC441478 d:FRS102 2022-03-16 2023-03-31 OC441478 d:AuditExempt-NoAccountantsReport 2022-03-16 2023-03-31 OC441478 d:FullAccounts 2022-03-16 2023-03-31 OC441478 d:LimitedLiabilityPartnershipLLP 2022-03-16 2023-03-31 OC441478 d:PartnerLLP1 2022-03-16 2023-03-31 OC441478 c:OtherCapitalInstrumentsClassifiedAsEquity 2023-03-31 OC441478 c:FurtherSpecificReserve3ComponentTotalEquity 2023-03-31 iso4217:GBP xbrli:pure

Registered number: OC441478










ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2023

 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
 

CONTENTS



Page
Balance Sheet
1 - 2
Reconciliation of Members' Interests
3
Notes to the Financial Statements
4 - 6


 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
REGISTERED NUMBER: OC441478

BALANCE SHEET
AS AT 31 MARCH 2023

2023
Note
£

  

Current assets
  

Debtors
  
99,100

  
99,100

Creditors: Amounts Falling Due Within One Year
 4 
(2,500)

Net current assets
  
 
 
96,600

Total assets less current liabilities
  
96,600

  

Net assets
  
96,600


Represented by:
  

Loans and other debts due to members within one year
  

Members' capital classified as a liability
  
99,000

Other amounts
 5 
(2,500)

  
96,500

Members' other interests
  

Members' capital classified as equity
  
100

  
 
100

  
96,600


Total members' interests
  

Loans and other debts due to members
 5 
96,500

Members' other interests
  
100

  
96,600


Page 1

 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
REGISTERED NUMBER: OC441478
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small LLPs regime.

The entity 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.

The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006, as applied by The Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, with respect to accounting records and the preparation of financial statements.

The financial statements have been delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The entity has opted not to file the statement of comprehensive income in accordance with the provisions applicable to entities subject to the small LLPs regime.

The financial statements were approved and authorised for issue by the members and were signed on their behalf on 9 November 2023.




R J S Palmer
On behalf of Fiera Real Estate UK Limited
Designated member

The notes on pages 4 to 6 form part of these financial statements.

Page 2

 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
 

RECONCILIATION OF MEMBERS' INTERESTS
FOR THE PERIOD ENDED 31 MARCH 2023







EQUITY
Members' other interests
DEBT
Loans and other debts due to members less any amounts due from members in debtors
Total members' interests
Members' capital (classified as equity)
Total
Members' capital (classified as debt)
Other amounts
Total
Total

£
£
£
£
£
£

At Incorporation
-
-
-
-
-
-

Other division of losses
-
-
-
(2,500)
(2,500)
(2,500)

Amounts introduced by members
100
100
99,000
-
99,000
99,100

Amounts due to members
 


99,000
(2,500)
96,500


Balance at 31 March 2023 
100
100
99,000
(2,500)
96,500
96,600

The notes on pages 4 to 6 form part of these financial statements.

There are no existing restrictions or limitations which impact the ability of the members of the LLP to reduce the amount of Members' other interests.

Page 3

 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

1.


General information

Angle Property (Bracknell 2 Project Management) LLP is a limited liability partnership, registered in England and Wales, registration number OC441478. The address of its registered office is Third Floor Queensberry House, 3 Old Burlington Street, W1S 3AE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice "Accounting by Limited Liability Partnerships".
The following principal accounting policies have been applied:

 
2.2

Going concern

The LLP is currently reliant on its members for financial support. The members are committed to the sustainment of the LLP and its property management activities, and are confident that the LLP has the resources to continue operating for at least 12 months from the date the financial statements are authorised. The members have concluded that it is appropriate that the financial statements be prepared on a Going Concern basis.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Financial instruments

The LLP has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the LLP's Balance Sheet when the LLP becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The LLP's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the LLP after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Members

The average monthly number of members during the period was 4. 

Page 5

 
ANGLE PROPERTY (BRACKNELL 2 PROJECT MANAGEMENT) LLP
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023

4.


Creditors: Amounts falling due within one year

2023
£

Accruals and deferred income
2,500



5.


Loans and other debts due to members


2023
£



Members' capital treated as debt
99,000

Other amounts due from members
(2,500)

96,500




 
Page 6