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REGISTERED NUMBER: OC439891 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

11 NOVEMBER 2021 TO 30 NOVEMBER 2022

FOR

ARIEL FAMILY LLP

ARIEL FAMILY LLP (REGISTERED NUMBER: OC439891)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 NOVEMBER 2021 TO 30 NOVEMBER 2022










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARIEL FAMILY LLP

GENERAL INFORMATION
FOR THE PERIOD 11 NOVEMBER 2021 TO 30 NOVEMBER 2022







DESIGNATED MEMBERS: Mr Y Ariel
Mrs M W Ariel





REGISTERED OFFICE: 257 Petersham Road
Richmond
Surrey
TW10 7DA





REGISTERED NUMBER: OC439891 (England and Wales)





ACCOUNTANTS: Orcom Civvals Limited
Accountants
50 Seymour Street
London
W1H 7JG

ARIEL FAMILY LLP (REGISTERED NUMBER: OC439891)

BALANCE SHEET
30 NOVEMBER 2022

Notes £    £   
FIXED ASSETS
Investment property 4 4,869,000

CURRENT ASSETS
Debtors 5 5,844
Cash at bank 36,341
42,185
CREDITORS
Amounts falling due within one year 6 8,417
NET CURRENT ASSETS 33,768
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,902,768

CREDITORS
Amounts falling due after more than
one year

7

210,868
NET ASSETS ATTRIBUTABLE TO
MEMBERS

4,691,900

ARIEL FAMILY LLP (REGISTERED NUMBER: OC439891)

BALANCE SHEET - continued
30 NOVEMBER 2022

Notes £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

104,421

MEMBERS' OTHER INTERESTS
Capital accounts 4,587,479
4,691,900

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 104,421
Members' other interests 4,587,479
4,691,900

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 30 November 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 9 November 2023 and were signed by:




Mr Y Ariel - Designated member




Mrs M W Ariel - Designated member


ARIEL FAMILY LLP (REGISTERED NUMBER: OC439891)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 11 NOVEMBER 2021 TO 30 NOVEMBER 2022


1. STATUTORY INFORMATION

Ariel Family 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 11 November 2021
and 30 November 2022 4,869,000
NET BOOK VALUE
At 30 November 2022 4,869,000
At 10 November 2021 4,869,000

The partners have considered the market value of the investment property, as this is not materially different to the cost shown so no revaluation was considered necessary.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 5,844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other creditors 8,417

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
£   
Bank loans 210,868