REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023 |
FOR |
TANKARD FINERTY PROPERTIES, LLP |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 MARCH 2023 |
FOR |
TANKARD FINERTY PROPERTIES, LLP |
TANKARD FINERTY PROPERTIES, LLP (REGISTERED NUMBER: OC386263) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 MARCH 2023 |
Page |
General Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
TANKARD FINERTY PROPERTIES, LLP |
GENERAL INFORMATION |
FOR THE YEAR ENDED 30 MARCH 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
9 Kerry Street |
Horsforth |
Leeds |
West Yorkshire |
LS18 4AW |
TANKARD FINERTY PROPERTIES, LLP (REGISTERED NUMBER: OC386263) |
BALANCE SHEET |
30 MARCH 2023 |
30.3.23 | 30.3.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
and |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,552,170 |
1,532,302 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
8 |
231,170 |
211,302 |
MEMBERS' OTHER INTERESTS |
Capital accounts | 1,000 | 1,000 |
Revaluation reserve | 9 |
1,552,170 | 1,532,302 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 8 | 231,170 | 211,302 |
Members' other interests | 1,321,000 | 1,321,000 |
1,552,170 | 1,532,302 |
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. |
TANKARD FINERTY PROPERTIES, LLP (REGISTERED NUMBER: OC386263) |
BALANCE SHEET - continued |
30 MARCH 2023 |
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 |
TANKARD FINERTY PROPERTIES, LLP (REGISTERED NUMBER: OC386263) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 MARCH 2023 |
1. | STATUTORY INFORMATION |
Tankard Finerty Properties, 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 |
Turnover |
Turnover represents rental income. |
Tangible fixed assets |
Plant and machinery etc | - |
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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the year was NIL (2022 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 31 March 2022 |
and 30 March 2023 |
DEPRECIATION |
At 31 March 2022 |
Charge for year |
At 30 March 2023 |
NET BOOK VALUE |
At 30 March 2023 |
At 30 March 2022 |
TANKARD FINERTY PROPERTIES, LLP (REGISTERED NUMBER: OC386263) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 MARCH 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 31 March 2022 |
and 30 March 2023 |
NET BOOK VALUE |
At 30 March 2023 |
At 30 March 2022 |
On 28 June 2013 when the properties were transferred into the LLP the members valued the properties. In the opinion of the members the value in the accounts represents current market value. |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.3.23 | 30.3.22 |
£ | £ |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.3.23 | 30.3.22 |
£ | £ |
Accrued expenses |
8. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
In the event of a winding up the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors. |
9. | RESERVES |
Revaluation |
reserve |
£ |
At 31 March 2022 |
At 30 March 2023 |