PIA Estates LLP
Unaudited accounts
for the period from 1 April 2022 to 24 February 2023
PIA Estates LLP
LLP Information
for the period from 1 April 2022 to 24 February 2023
Designated members
Mr Albino Piacquadio
Registered Number
OC435464
Registered Office
129 Church Green Road
Bletchley
MILTON KEYNES
Buckinghamshire
MK3 6DE
England
Accountants
Balmer Limited
Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF
PIA Estates LLP
Accountants' report
Accountants' report to the members of PIA Estates LLP on the preparation of the unaudited statutory financial statements for the period from 1 April 2022 to 24 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of
PIA Estates LLP for the period from
1 April 2022 to
24 February 2023 as set out on pages
4 -
6 from the LLP's accounting records and from information and explanations you have given us.
This report is made solely to the members of PIA Estates LLP, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PIA Estates LLP and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PIA Estates LLP and its members as a body for our work or for this report.
It is your duty to ensure that PIA Estates 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 loss of PIA Estates LLP. You consider that PIA Estates 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 PIA Estates 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.
Balmer Limited
Whiteleaf Business Centre
11 Little Balmer
Buckingham
MK18 1TF
21 November 2023
PIA Estates LLP
Statement of financial position
as at 24 February 2023
Cash at bank and in hand
25,220
28,183
Creditors: amounts falling due within one year
(28,541)
(12,741)
Net current assets
9,245
17,843
Total assets less current liabilities
9,245
43,981
Creditors: amounts falling due after more than one year
(18,971)
(26,596)
Net (liabilities)/assets attributable to members
(9,726)
17,385
Loans and other debts due to members
(17,774)
14,676
Members' capital classified as equity
8,048
2,711
Loans and other debts due to members
(17,774)
14,676
Members' other interests
8,048
2,709
For the period ending 24 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 21 November 2023.
Mr Albino Piacquadio
Designated member
Limited Liability Partnership Registration No. OC435464
PIA Estates LLP
Notes to the Accounts
for the period from 1 April 2022 to 24 February 2023
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
15% reducing balance
Computer equipment
20% straight-line
PIA Estates LLP is a limited liability partnership, registration number OC435464. Its registered office is 129 Church Green Road, Bletchley , MILTON KEYNES, Buckinghamshire, MK3 6DE, England.
3
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
103,968
3,374
107,342
Disposals
(110,468)
(4,178)
(114,646)
At 1 April 2022
80,514
690
81,204
Charge for the period
3,256
589
3,845
On disposals
(83,770)
(1,279)
(85,049)
At 31 March 2022
23,454
2,684
26,138
4
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,412
8,412
Other creditors
3,584
1,335
PIA Estates LLP
Notes to the Accounts
for the period from 1 April 2022 to 24 February 2023
5
Creditors: amounts falling due after more than one year
2023
2022
6
Loans and other debts due to members
2023
2022
Amounts due to members in respect of profits
(17,774)
14,676
Amounts falling due within one year
(17,774)
14,676
7
Average number of employees
During the period the average number of employees was 0 (2022: 0).