Registered No. OC442365 (England and Wales)
S9 KHK LLP
Unaudited accounts
for the period from 19 May 2022 to 31 May 2023
S9 KHK LLP
LLP Information
for the period from 19 May 2022 to 31 May 2023
Designated members
Mr Steven Kumarappan
Registered Number
OC442365 (England and Wales)
Registered Office
5 SANDRINGHAM DRIVE
DARTFORD
KENT
DA2 7WA
ENGLAND
Accountants
ICE Chartered Accountants
22 Wollaton Vale
Wollaton
Nottingham
Nottinghamshire
NG8 2NR
S9 KHK LLP
Statement of financial position
as at 31 May 2023
Investment property
3,770,000
Cash at bank and in hand
1,161
Total assets less current liabilities
3,771,161
Creditors: amounts falling due after more than one year
(1,747,206)
Net assets attributable to members
2,023,955
Members' capital classified as equity
1,964,996
Members' other interests
2,023,955
For the period ending 31 May 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 9 April 2024.
Mr Steven Kumarappan
Designated member
Limited Liability Partnership Registration No. OC442365
S9 KHK LLP
Notes to the Accounts
for the period from 19 May 2022 to 31 May 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.
Members' capital is classified as debt and not equity if there is a contractual obligation for the LLP to repay the capital, even if that obligation is conditional.
Investment properties are revalued on a regular basis by the partners and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
Taxation is not provided for in the accounts as taxation is the personal liability of the members. Any amounts held by the LLP on behalf of members in respect of their tax liabilities are treated as debts due to members.
Remuneration paid to members under a contract of employment is included as an expense in the profit and loss account. Other fixed amounts paid to members are also included within members' remuneration treated as an expense.
Members are expected to subscribe a minimum amount of capital and may be invited to contribute more. On retirement, all capital is repaid to the member concerned.
Members' shares in the profit or loss for the year available for discretionary division among the members are accounted for as an allocation of that balance. Allocated balances are split between the members with any unallocated balances being included within 'Other reserves'. Members are permitted to make drawings in anticipation of that allocation, subject to the agreement of the other members.
S9 KHK LLP is a limited liability partnership, incorporated in England and Wales, registration number OC442365. Its registered office is 5 SANDRINGHAM DRIVE, DARTFORD, KENT, DA2 7WA, ENGLAND.
The properties were valued by the partners on creation of the Partnership.
S9 KHK LLP
Notes to the Accounts
for the period from 19 May 2022 to 31 May 2023
4
Creditors: amounts falling due after more than one year
2023
Aggregate of amounts that fall due for payment after five years
1,747,206
These loans are secured on various properties in which the partnership has a beneficial interest.
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the period the average number of employees was 0.