REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st March 2023 |
for |
Aylmer Estates LLP |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31st March 2023 |
for |
Aylmer Estates LLP |
Aylmer Estates LLP (Registered number: OC434944) |
Contents of the Financial Statements |
for the Year Ended 31st March 2023 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 3 |
Aylmer Estates LLP (Registered number: OC434944) |
Balance Sheet |
31st March 2023 |
2023 | 2022 |
as restated |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
4,407,042 |
4,498,527 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
4,407,042 |
4,498,527 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 4,407,042 | 4,498,527 |
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. |
Aylmer Estates LLP (Registered number: OC434944) |
Balance Sheet - continued |
31st March 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 Income Statement has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Aylmer Estates LLP (Registered number: OC434944) |
Notes to the Financial Statements |
for the Year Ended 31st March 2023 |
1. | STATUTORY INFORMATION |
Aylmer Estates LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
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. |
Turnover |
Turnover represents rent received during period. |
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 year was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1st April 2022 |
Disposals | ( |
) |
At 31st March 2023 |
NET BOOK VALUE |
At 31st March 2023 |
At 31st March 2022 |
Fair value at 31st March 2023 is represented by: |
£ |
Valuation in 2022 | 5,000 |
Cost | 5,470,000 |
5,475,000 |
Aylmer Estates LLP (Registered number: OC434944) |
Notes to the Financial Statements - continued |
for the Year Ended 31st March 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
as restated |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
as restated |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
7. | SECURED DEBTS |
The following secured debts are included within creditors: |
2023 | 2022 |
as restated |
£ | £ |
Bank loans |
Bank Loans are secured against the Investment properties of the partnership. |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
2023 | 2022 |
as restated |
£ | £ |
Amounts owed to members in respect of profits | 4,407,042 | 4,498,527 |
Falling due within one year | 4,407,042 | 4,498,527 |
In the event of a winding up, members' capital, loans and other debts due to members and members' other interests rank pari-passu with unsecured creditors. |