REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
FOR |
JORIKKI LLP |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
FOR |
JORIKKI LLP |
JORIKKI LLP (REGISTERED NUMBER: OC433274) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Chartered Accountants' Report | 7 |
JORIKKI LLP |
GENERAL INFORMATION |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
DESIGNATED MEMBERS: |
Mrs R Hauptman |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Harben House |
Harben Parade |
Finchley Road |
LONDON |
NW3 6LH |
JORIKKI LLP (REGISTERED NUMBER: OC433274) |
BALANCE SHEET |
31 OCTOBER 2023 |
2023 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
Investment property | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 8 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
2,573,144 |
2,572,682 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
9 |
81,144 |
80,682 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 2,492,000 | 2,492,000 |
2,573,144 | 2,572,682 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 9 | 81,144 | 80,682 |
Members' other interests | 2,492,000 | 2,492,000 |
2,573,144 | 2,572,682 |
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. |
JORIKKI LLP (REGISTERED NUMBER: OC433274) |
BALANCE SHEET - continued |
31 OCTOBER 2023 |
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 Profit and loss account has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
JORIKKI LLP (REGISTERED NUMBER: OC433274) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
1. | STATUTORY INFORMATION |
Jorikki 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 |
Turnover |
Turnover represents rental income received and is recognised on the accruals basis. |
Tangible fixed assets |
Plant and machinery etc | - |
Investment property |
The cost of a purchased investment property comprises its purchase price and any directly attributable expenditure such as legal, property transfer taxes and other transactions costs. Investment property transferred into the LLP is recognised at its fair value at the date of transfer. Subsequent additions and improvements are recognised at cost. |
Investment property whose fair value can be measured reliably without undue costs or effect is measured at fair value at each reporting date with changes in fair value recognised in the profit and loss account. |
Financial instruments |
The LLP only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors. |
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. |
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2023 - NIL). |
JORIKKI LLP (REGISTERED NUMBER: OC433274) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 6 April 2023 |
Disposals | ( |
) |
At 31 October 2023 |
DEPRECIATION |
At 6 April 2023 |
Eliminated on disposal | ( |
) |
At 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
At 5 April 2023 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
Additions |
At 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
6. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 6 April 2023 |
Disposals | ( |
) |
At 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
At 5 April 2023 |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2023 |
£ | £ |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2023 |
£ | £ |
Other creditors |
JORIKKI LLP (REGISTERED NUMBER: OC433274) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 6 APRIL 2023 TO 31 OCTOBER 2023 |
9. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a |
winding up There is no provision for specific legally enforceable protection afforded to creditors in such an event. |
CHARTERED ACCOUNTANTS' REPORT TO THE MEMBERS |
ON THE UNAUDITED FINANCIAL STATEMENTS OF |
JORIKKI LLP |
The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Jorikki LLP for the period ended 31 October 2023 which comprise the Profit and loss account, Balance Sheet and the related notes from the LLP's accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the members of Jorikki LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jorikki LLP and state those matters that we have agreed to state to the members of Jorikki LLP, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Jorikki LLP and its members, as a body, for our work or for this report. |
It is your duty to ensure that Jorikki LLP has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Jorikki LLP. You consider that Jorikki LLP is exempt from the statutory audit requirement for the period. |
We have not been instructed to carry out an audit or a review of the financial statements of Jorikki LLP. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Harben House |
Harben Parade |
Finchley Road |
LONDON |
NW3 6LH |