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REGISTERED NUMBER: OC355832 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

LYNCS PROPERTY COMPANY LLP

LYNCS PROPERTY COMPANY LLP (REGISTERED NUMBER: OC355832)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

General Information 1

Income Statement 2

Balance Sheet 3


LYNCS PROPERTY COMPANY LLP

GENERAL INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DESIGNATED MEMBERS: Mrs L G Tunbridge
C J Tunbridge





REGISTERED OFFICE: BLB House
15-16 Hunns Mere Way
Woodingdean Business Park
Brighton
East Sussex
BN2 6AH





REGISTERED NUMBER: OC355832 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
The Old Casino
28 Fourth Avenue
Hove
East Sussex
BN3 2PJ

LYNCS PROPERTY COMPANY LLP (REGISTERED NUMBER: OC355832)

INCOME STATEMENT
FOR THE YEAR ENDED 31 MARCH 2023

2023 2022
£    £   

TURNOVER 86,123 90,576

Depreciation and other amounts written off assets (2,360 ) (2,582 )

Other charges (18,831 ) (15,183 )

PROFIT FOR THE FINANCIAL YEAR
BEFORE MEMBERS' REMUNERATION
AND PROFIT SHARES


64,932


72,811

LYNCS PROPERTY COMPANY LLP (REGISTERED NUMBER: OC355832)

BALANCE SHEET
31 MARCH 2023

2023 2022
£    £    £    £   
FIXED ASSETS 665,645 668,005

CURRENT ASSETS 14,630 13,759

CREDITORS
Amounts falling due within one year (37,637 ) (45,022 )
NET CURRENT LIABILITIES (23,007 ) (31,263 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

642,638

636,742

CREDITORS
Amounts falling due after more than one
year

11,672

68,592
NET ASSETS 630,966 568,150

LOANS AND OTHER DEBTS DUE TO MEMBERS 630,966 568,150

NOTE TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2022 - NIL).



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 31 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.

The financial statements have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the members of the LLP and authorised for issue on 9 October 2023 and were signed by:




C J Tunbridge - Designated member




Mrs L G Tunbridge - Designated member