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REGISTERED NUMBER: OC413077 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

R J ESTATES (NORTHAMPTONSHIRE) LLP

R J ESTATES (NORTHAMPTONSHIRE) LLP (REGISTERED NUMBER: OC413077)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023










Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R J ESTATES (NORTHAMPTONSHIRE) LLP

GENERAL INFORMATION
For The Year Ended 31 March 2023







DESIGNATED MEMBERS: R A Fowler
J Rota
Mrs E C Davies-Rota
Mrs L G Fowler





REGISTERED OFFICE: 1 Rushmills
Northampton
Northamptonshire
NN4 7YB





REGISTERED NUMBER: OC413077 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

R J ESTATES (NORTHAMPTONSHIRE) LLP (REGISTERED NUMBER: OC413077)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 970,000 1,040,000

CURRENT ASSETS
Debtors 5 193,308 157,808
Cash at bank 7,844 10,348
201,152 168,156
CREDITORS
Amounts falling due within one year 6 172 156
NET CURRENT ASSETS 200,980 168,000
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO MEMBERS 1,170,980 1,208,000

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

465,980

503,000

MEMBERS' OTHER INTERESTS
Capital accounts 705,000 705,000
1,170,980 1,208,000

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 465,980 503,000
Members' other interests 705,000 705,000
1,170,980 1,208,000

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.

R J ESTATES (NORTHAMPTONSHIRE) LLP (REGISTERED NUMBER: OC413077)

BALANCE SHEET - continued
31 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 16 November 2023 and were signed by:





R A Fowler - Designated member

R J ESTATES (NORTHAMPTONSHIRE) LLP (REGISTERED NUMBER: OC413077)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023


1. STATUTORY INFORMATION

R J Estates (Northamptonshire) LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 4 (2022 - 4 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 1,040,000
Revaluations (70,000 )
At 31 March 2023 970,000
NET BOOK VALUE
At 31 March 2023 970,000
At 31 March 2022 1,040,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2020 28,000
Valuation in 2021 132,000
Valuation in 2022 190,000
Valuation in 2023 (70,000 )
Cost 690,000
970,000

R J ESTATES (NORTHAMPTONSHIRE) LLP (REGISTERED NUMBER: OC413077)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023


4. INVESTMENT PROPERTY - continued

If Investment property had not been revalued it would have been included at the following historical cost:

2023 2022
£    £   
Cost 690,000 690,000

Investment property was valued on on open market basis on 31 March 2023 by the partners of the business .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 193,308 157,808

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Accrued expenses 172 156

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to ordinary creditors in the event of a winding up.