REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JANUARY 2023 TO 31 MARCH 2023 |
FOR |
HILLTOP PROPERTY VENTURES LLP |
REGISTERED NUMBER: |
REPORT OF THE MEMBERS AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 JANUARY 2023 TO 31 MARCH 2023 |
FOR |
HILLTOP PROPERTY VENTURES LLP |
HILLTOP PROPERTY VENTURES LLP (REGISTERED NUMBER: OC439199) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2023 |
Page |
General Information | 1 |
Report of the Members | 2 |
Abridged Income Statement | 3 |
Abridged Balance Sheet | 4 |
Notes to the Financial Statements | 6 |
HILLTOP PROPERTY VENTURES LLP |
GENERAL INFORMATION |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Glaslyn |
Ffordd y Parc |
Parc Menai |
Bangor |
Gwynedd |
LL57 4FE |
HILLTOP PROPERTY VENTURES LLP (REGISTERED NUMBER: OC439199) |
REPORT OF THE MEMBERS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2023 |
The members present their report with the financial statements of the LLP for the period 1 January 2023 to 31 March 2023. |
DESIGNATED MEMBERS |
The designated members during the period under review were: |
RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS |
The profit for the period before members' remuneration and profit shares was £1,045 (2022 - £35,326 loss). |
MEMBERS' INTERESTS |
ON BEHALF OF THE MEMBERS: |
HILLTOP PROPERTY VENTURES LLP (REGISTERED NUMBER: OC439199) |
ABRIDGED INCOME STATEMENT |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2023 |
Period | Period |
1.1.23 | 17.9.21 |
to | to |
31.3.23 | 31.12.22 |
Notes | £ | £ |
GROSS PROFIT |
Administrative expenses |
OPERATING PROFIT/(LOSS) | ( |
) |
Interest payable and similar expenses |
PROFIT/(LOSS) FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
1,045 |
(35,326 |
) |
PROFIT/(LOSS) FOR THE FINANCIAL PERIOD BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES |
1,045 |
(35,326 |
) |
Members' remuneration charged as an expense |
4 |
(1,045 |
) |
35,326 |
PROFIT FOR THE FINANCIAL PERIOD AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS |
HILLTOP PROPERTY VENTURES LLP (REGISTERED NUMBER: OC439199) |
ABRIDGED BALANCE SHEET |
31 MARCH 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
1,191,027 |
1,147,231 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
6 |
1,191,027 |
1,147,231 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | 6 | 1,191,027 | 1,147,231 |
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. |
HILLTOP PROPERTY VENTURES LLP (REGISTERED NUMBER: OC439199) |
ABRIDGED BALANCE SHEET - continued |
31 MARCH 2023 |
The financial statements were approved by the members of the LLP and authorised for issue on |
HILLTOP PROPERTY VENTURES LLP (REGISTERED NUMBER: OC439199) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2023 |
1. | STATUTORY INFORMATION |
Hilltop Property Ventures 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 |
Tangible fixed assets |
Plant and machinery etc | - |
Depreciation is not provided for in the year of acquisition. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was NIL (2022 - NIL). |
4. | INFORMATION IN RELATION TO MEMBERS |
Period | Period |
1.1.23 | 17.9.21 |
to | to |
31.3.23 | 31.12.22 |
£ | £ |
Members' remuneration charged as an expense |
Automatic division of profit/(loss) | 1,045 | (35,326 | ) |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 January 2023 |
Additions |
At 31 March 2023 |
NET BOOK VALUE |
At 31 March 2023 |
At 31 December 2022 |
6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |
Loans and other debts due to members rank equally with unsecured creditors. |