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REGISTERED NUMBER: OC412093 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Urban Property Invest LLP
Trading as
Urban Property Invest LLP

Urban Property Invest LLP (Registered number: OC412093)
Trading as Urban Property Invest LLP






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Urban Property Invest LLP
Trading as Urban Property Invest LLP

General Information
for the Year Ended 30 June 2023







DESIGNATED MEMBERS: Mrs S Haddad
D Haddad
Mrs Z Osuhor
Mrs N F Duggan





REGISTERED OFFICE: Suite 234
St Andrews Business Centre
91/93 St Marys Road
Liverpool
Merseyside
L19 2NL





REGISTERED NUMBER: OC412093 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Urban Property Invest LLP (Registered number: OC412093)
Trading as Urban Property Invest LLP

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 734,914 734,914

CURRENT ASSETS
Debtors 5 91,441 560,596
Prepayments and accrued income 5,081 -
Cash at bank 33,829 65,140
130,351 625,736
CREDITORS
Amounts falling due within one year 6 19,459 19,459
NET CURRENT ASSETS 110,892 606,277
TOTAL ASSETS LESS CURRENT
LIABILITIES

845,806

1,341,191

CREDITORS
Amounts falling due after more than one
year

7

480,579

492,173
NET ASSETS ATTRIBUTABLE TO
MEMBERS

365,227

849,018

Urban Property Invest LLP (Registered number: OC412093)
Trading as Urban Property Invest LLP

Balance Sheet - continued
30 June 2023

30.6.23 30.6.22
Notes £ £ £ £
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

219,038

217,829

MEMBERS' OTHER INTERESTS
Capital accounts 146,189 631,189
365,227 849,018

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 8 219,038 217,829
Members' other interests 146,189 631,189
Amounts due from members 5 (91,441 ) (75,601 )
273,786 773,417

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 30 June 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.

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 5 March 2024 and were signed by:





D Haddad - Designated member

Urban Property Invest LLP (Registered number: OC412093)
Trading as Urban Property Invest LLP

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Urban Property Invest 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 4 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£
COST
At 1 July 2022
and 30 June 2023 734,914
NET BOOK VALUE
At 30 June 2023 734,914
At 30 June 2022 734,914

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£ £
Other debtors 91,441 560,596

Urban Property Invest LLP (Registered number: OC412093)
Trading as Urban Property Invest LLP

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£ £
Bank loans and overdrafts 7,203 7,203
Other creditors 12,256 12,256
19,459 19,459

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£ £
Other creditors 480,579 492,173

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

The loans and other debts due to members rank after the Bank loans.