10 February 2022 false Taxfiler 2023.10 SO307498business:LimitedLiabilityPartnershipLLP2022-02-102023-02-28 SO3074982022-02-09 SO3074982022-02-102023-02-28 SO307498business:AuditExemptWithAccountantsReport2022-02-102023-02-28 SO307498business:FullAccounts2022-02-102023-02-28 SO3074982023-02-28 SO307498business:PartnerLLP12022-02-102023-02-28 SO307498business:PartnerLLP22022-02-102023-02-28 SO307498business:RegisteredOffice2022-02-102023-02-28 SO307498core:WithinOneYear2023-02-28 SO307498core:AfterOneYear2023-02-28 SO307498core:RevaluationReserve2023-02-28 SO307498core:RetainedEarningsAccumulatedLosses2023-02-28 SO307498business:SmallEntities2022-02-102023-02-28 SO307498countries:Scotland2022-02-102023-02-28 iso4217:GBP xbrli:pure
Registered No. SO307498 (Scotland)
Ashen Eye LLP Unaudited accounts for the period from 10 February 2022 to 28 February 2023
Ashen Eye LLP LLP Information for the period from 10 February 2022 to 28 February 2023
Designated members
Mrs Emma Hutchison
Mr Ian Hutchison
Registered Number
SO307498 (Scotland)
Registered Office
7 Kingston Road Bishopton Renfrewshire PA7 5AY Scotland
Accountants
FBD Consultancy, Accounts & Tax Ltd Sgarbach House 10 Binniehill Road Cumbernauld North Lanarkshire G68 9AJ
- 2 -
Ashen Eye LLP Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Investment property
479,000 
Current assets
Cash at bank and in hand
2,196 
Creditors: amounts falling due within one year
(1,590)
Net current assets
606 
Total assets less current liabilities
479,606 
Creditors: amounts falling due after more than one year
(353,634)
Net assets attributable to members
125,972 
Represented by:
Loans and other debts due to members
152,000 
Members' other interests
Revaluation reserve
(15,222)
Other reserves
(10,806)
(26,028)
125,972 
Total members' interests
Loans and other debts due to members
152,000 
Members' other interests
(26,028)
125,972 
For the period ending 28 February 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 8 November 2023.
Mr Ian Hutchison Designated member Limited Liability Partnership Registration No. SO307498
- 3 -
Ashen Eye LLP Notes to the Accounts for the period from 10 February 2022 to 28 February 2023
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
Ashen Eye LLP is a limited liability partnership, incorporated in Scotland, registration number SO307498. Its registered office is 7 Kingston Road, Bishopton, Renfrewshire, PA7 5AY, Scotland.
3
Investment property
2023 
£ 
Additions
494,222 
Net loss from fair value adjustments
(15,222)
At 28 February 2023
479,000 
4
Creditors: amounts falling due within one year
2023 
£ 
Accruals
1,590 
5
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
353,634 
6
Loans and other debts due to members
2023 
£ 
Loans from members
152,000 
Amounts falling due within one year
152,000 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the period the average number of employees was 0.
- 4 -