Registered No. OC333587 (England and Wales)
Key Property Solutions Manchester LLP
Unaudited accounts
for the year ended 28 February 2023
Key Property Solutions Manchester LLP
LLP Information
for the year ended 28 February 2023
Designated members
Mrs J L Jari
Registered Number
OC333587 (England and Wales)
Registered Office
248 Lockwood Road
Huddersfield
HD1 3TG
Accountants
Myrtle Gund Accountants
248 Lockwood Road
Huddersfield
HD1 3TG
Key Property Solutions Manchester LLP
Statement of financial position
as at 28 February 2023
Tangible assets
1,003,114
1,003,114
Cash at bank and in hand
27,549
57,572
Creditors: amounts falling due within one year
(71,763)
(98,873)
Net current liabilities
(44,214)
(36,990)
Total assets less current liabilities
958,900
966,124
Creditors: amounts falling due after more than one year
(630,967)
(656,172)
Net assets attributable to members
327,933
309,952
Loans and other debts due to members
154,976
154,976
Members' capital classified as equity
136,430
136,430
Other reserves
36,527
18,546
Loans and other debts due to members
154,976
154,976
Members' other interests
172,957
154,976
For the year ending 28 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 27 November 2023.
Mr S Jari
Designated member
Limited Liability Partnership Registration No. OC333587
Key Property Solutions Manchester LLP
Notes to the Accounts
for the year ended 28 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:
Key Property Solutions Manchester LLP is a limited liability partnership, incorporated in England and Wales, registration number OC333587. Its registered office is 248 Lockwood Road, Huddersfield, HD1 3TG.
3
Tangible fixed assets
Land & buildings
At 28 February 2023
1,003,114
At 28 February 2023
1,003,114
At 28 February 2022
1,003,114
4
Creditors: amounts falling due within one year
2023
2022
Other creditors
71,763
98,873
5
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
631,467
622,550
Key Property Solutions Manchester LLP
Notes to the Accounts
for the year ended 28 February 2023
6
Loans and other debts due to members
2023
2022
Loans from members
154,976
154,976
Amounts falling due within one year
154,976
154,976
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).