IRIS Accounts Production v23.3.0.418 OC434944 designated member 1.4.22 31.3.23 31.3.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureOC4349442022-03-31OC4349442023-03-31OC4349442022-04-012023-03-31OC4349442021-01-04OC4349442021-01-052022-03-31OC4349442022-03-31OC434944ns16:EnglandWales2022-04-012023-03-31OC434944ns15:PoundSterling2022-04-012023-03-31OC434944ns11:Director12022-04-012023-03-31OC434944ns11:LimitedLiabilityPartnershipLLP2022-04-012023-03-31OC434944ns11:SmallEntities2022-04-012023-03-31OC434944ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-31OC434944ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-31OC434944ns11:LimitedLiabilityPartnershipsSORP2022-04-012023-03-31OC434944ns11:FullAccounts2022-04-012023-03-31OC434944ns6:CurrentFinancialInstruments2023-03-31OC434944ns6:CurrentFinancialInstruments2022-03-31OC434944ns11:RegisteredOffice2022-04-012023-03-31OC434944ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-31OC434944ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31OC434944ns6:Secured2023-03-31OC434944ns6:Secured2022-03-31
REGISTERED NUMBER: OC434944 (England and Wales)















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 5,475,000 5,657,500

CURRENT ASSETS
Debtors 5 4,957 5,174
Cash at bank 109,917 14,096
114,874 19,270
CREDITORS
Amounts falling due within one year 6 1,182,832 1,178,243
NET CURRENT LIABILITIES (1,067,958 ) (1,158,973 )
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 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 year ended 31st March 2023.

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


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 20th October 2023 and were signed by:





B D Brick - Designated member

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: OC434944

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

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 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022 5,657,500
Disposals (182,500 )
At 31st March 2023 5,475,000
NET BOOK VALUE
At 31st March 2023 5,475,000
At 31st March 2022 5,657,500

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 2,702 3,411
Other debtors 2,255 1,763
4,957 5,174

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Bank loans and overdrafts 1,172,325 1,172,206
Trade creditors 265 583
Other creditors 10,242 5,454
1,182,832 1,178,243

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
as restated
£    £   
Bank loans 1,172,325 1,172,206

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.