Registered No. OC432512 (England and Wales)
JOHNRENIK LLP
Unaudited accounts
for the year ended 31 March 2023
JOHNRENIK LLP
LLP Information
for the year ended 31 March 2023
Designated members
Mrs Revathi John Paull
Johnrenik Property Limited
Registered Number
OC432512 (England and Wales)
Registered Office
77 Argyle Road
West Ealing
London
W13 0LE
United Kingdom
Accountants
Kumaran & Co
16 The Fairway
Northolt
Middlesex
UB5 4SL
JOHNRENIK LLP
Statement of financial position
as at 31 March 2023
Investment property
2,733,000
-
Cash at bank and in hand
23,440
1,200
Net current assets
23,440
1,200
Total assets less current liabilities
2,756,440
1,200
Creditors: amounts falling due after more than one year
(1,450)
(1,200)
Net assets attributable to members
2,754,990
-
Members' capital classified as equity
2,733,000
-
Members' other interests
2,754,990
-
For the year ending 31 March 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 23 December 2023.
Mr John Paull Kristhoper
Designated member
Limited Liability Partnership Registration No. OC432512
JOHNRENIK LLP
Notes to the Accounts
for the year ended 31 March 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.
JOHNRENIK LLP is a limited liability partnership, incorporated in England and Wales, registration number OC432512. Its registered office is 77 Argyle Road, West Ealing, London, W13 0LE, United Kingdom.
At 31 March 2023
2,733,000
As at 31/03/2023, JohnRenik LLP holds a beneficial interest in the following properties located at
1) 16 Canterbury rd, Preston PR1 5PT Valued at £115,000 and mortgaged under TSB Bank for £45,000
2) 27 Polefield, Fulwood, Preston Valued at £168,000 and mortgaged under TSB Bank for £115,000
3) 14 Montague rd, London W13 8HA valued at £1,250,000 and mortgaged under Natwest for £860,000
4) 35 Waldeck Rd, London W13 8LY Valued at £700,000 and mortgaged under Clydesdale Bank for £ 563,000
5) 35a Waldeck Rd, London W13 8LY Valued at £500,000 and mortgaged under Clydesdale Bank for £432,248
4
Creditors: amounts falling due after more than one year
2023
2022
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Transactions with related parties
The legal ownership of investment properties has not been transferred to the LLP, but it is the beneficiary of the properties under a trust arrangement. The properties are held in trust for the benefit of the LLP, and it has the right to use and occupy the properties as it sees fit.
The LLP has entered into deed of indemnity with JohnRenik Properties Limited, pursuant to which JohnRenik Properties Limited has agreed to pay the loans, interests, and charges related to the properties.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).