Registered number
OC420073
R&L PROPERTY INVESTMENTS LLP
Filleted Accounts
31 March 2023
R&L PROPERTY INVESTMENTS LLP
Registered number: OC420073
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 2,570,000 2,570,000
Current assets
Debtors 4 243,688 240,000
Cash at bank and in hand 56,219 28,218
299,907 268,218
Creditors: amounts falling due within one year 5 (17,107) -
Net current assets 282,800 268,218
Total assets less current liabilities 2,852,800 2,838,218
Creditors: amounts falling due after more than one year 6 (1,637,231) (1,637,231)
Net assets attributable to members 1,215,569 1,200,987
Represented by:
Loans and other debts due to members 7 1,313,577 1,314,332
Members' other interests
Other reserves (98,008) (113,345)
1,215,569 1,200,987
Total members' interests
Loans and other debts due to members 7 1,313,577 1,314,332
Members' other interests (98,008) (113,345)
1,215,569 1,200,987
For the year ended 31 March 2023 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied to 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.
The 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.
These accounts were approved by the members on 22 November 2023 and signed on their behalf by:
R M Mills
Designated member
R&L PROPERTY INVESTMENTS LLP
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the LLP - -
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2022 2,570,000
At 31 March 2023 2,570,000
Depreciation
At 31 March 2023 -
Net book value
At 31 March 2023 2,570,000
At 31 March 2022 2,570,000
4 Debtors 2023 2022
£ £
Trade debtors 3,623 -
Amounts owed by group undertakings and undertakings in which the LLP has a participating interest 240,065 240,000
243,688 240,000
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 13,282 -
Other creditors 3,825 -
17,107 -
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 1,637,231 1,637,231
7 Loans and other debts due to members 2023 2022
£ £
Loans from members 1,313,577 1,314,332
Amounts falling due within one year 1,313,577 1,314,332
Loans and other debts due to members rank equally with debts due to ordinary creditors in a winding up.
8 Other information
R&L PROPERTY INVESTMENTS LLP is a limited liability partnership incorporated in England. Its registered office is:
Raydean House
15 Western Parade
Barnet
Herts
EN5 1AH
R&L PROPERTY INVESTMENTS LLP OC420073 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts April 2022 R M Mills No description of principal activity OC420073 2021-04-01 2022-03-31 OC420073 core:WithinOneYear 2022-03-31 OC420073 core:AfterOneYear 2022-03-31 OC420073 1 2022-03-31 OC420073 core:RetainedEarningsAccumulatedLosses 2022-03-31 OC420073 2022-04-01 2023-03-31 OC420073 bus:EntityHasNeverTraded 2022-04-01 2023-03-31 OC420073 bus:LimitedLiabilityPartnershipLLP 2022-04-01 2023-03-31 OC420073 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 OC420073 bus:PartnerLLP20 2022-04-01 2023-03-31 OC420073 2 2022-04-01 2023-03-31 OC420073 countries:England 2022-04-01 2023-03-31 OC420073 bus:FRS102 2022-04-01 2023-03-31 OC420073 bus:FullAccounts 2022-04-01 2023-03-31 OC420073 2023-03-31 OC420073 core:WithinOneYear 2023-03-31 OC420073 core:AfterOneYear 2023-03-31 OC420073 1 2023-03-31 OC420073 core:RetainedEarningsAccumulatedLosses 2023-03-31 OC420073 core:LandBuildings 2023-03-31 OC420073 2022-03-31 OC420073 core:LandBuildings 2022-03-31 iso4217:GBP xbrli:pure