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REGISTERED NUMBER: OC412219 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Remarkable Property Investments LLP

Remarkable Property Investments LLP (Registered number: OC412219)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Remarkable Property Investments LLP

General Information
for the Year Ended 31 March 2023







DESIGNATED MEMBERS: M Shaw
A Shaw
C Shaw
E Shaw
Remarkable Ventures Ltd





REGISTERED OFFICE: West Lea Havikil Lane
Scotton
Knaresborough
North Yorkshire
HG5 9HN





REGISTERED NUMBER: OC412219 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

Remarkable Property Investments LLP (Registered number: OC412219)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 604,155 604,155
Investments 5 1,241 1,216
605,396 605,371

CURRENT ASSETS
Stocks 6 40,483 40,483
Debtors 7 536,037 390,553
Cash at bank and in hand 738 3,180
577,258 434,216
CREDITORS
Amounts falling due within one year 8 (26,810 ) (22,481 )
NET CURRENT ASSETS 550,448 411,735
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,155,844

1,017,106

CREDITORS
Amounts falling due after more than one year 9 (1,078,344 ) (935,211 )
NET ASSETS ATTRIBUTABLE TO
MEMBERS

77,500

81,895

Remarkable Property Investments LLP (Registered number: OC412219)

Balance Sheet - continued
31 March 2023

2023 2022
Notes £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

12

42,000

46,395

MEMBERS' OTHER INTERESTS
Capital accounts 35,500 35,500
77,500 81,895

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 12 42,000 46,395
Members' other interests 35,500 35,500
Amounts due from members 7 (125,713 ) (83,868 )
(48,213 ) (1,973 )

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 31 March 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 29 March 2024 and were signed by:




M Shaw - Designated member



A Shaw - Designated member


Remarkable Property Investments LLP (Registered number: OC412219)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Remarkable Property Investments 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 as modified by the revaluation of certain assets.

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.

Freehold property - No depreciation

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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
Freehold
property
£   
COST
At 1 April 2022
and 31 March 2023 604,155
NET BOOK VALUE
At 31 March 2023 604,155
At 31 March 2022 604,155

Remarkable Property Investments LLP (Registered number: OC412219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 1,216
Revaluations 25
At 31 March 2023 1,241
NET BOOK VALUE
At 31 March 2023 1,241
At 31 March 2022 1,216

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   

If unlisted investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 935 935

Unlisted investments were valued on an open market basis on 31 March 2022 by an online currencies website. .

6. STOCKS
2023 2022
£    £   
Stocks 40,483 40,483

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 34,927 4,927
Amounts due from members 125,713 83,868
Other debtors 375,397 301,758
536,037 390,553

Remarkable Property Investments LLP (Registered number: OC412219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 10) 1,196 4,666
Trade creditors 3,405 3,440
Other creditors 20,391 12,690
Accrued expenses 1,818 1,685
26,810 22,481

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 10) 2,604 3,834
Other loans (see note 10) 1,075,740 931,377
1,078,344 935,211

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 507,493 331,694

10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 3,500
Bank loans - less than 1 yr 1,196 1,166
1,196 4,666

Amounts falling due between one and two years:
Bank loans - 1-2 years 1,227 1,196
Loans 568,247 599,683
569,474 600,879

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,377 2,638

Amounts falling due in more than five years:

Remarkable Property Investments LLP (Registered number: OC412219)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

10. LOANS - continued
2023 2022
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Mortgage 507,493 331,694

11. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Mortgages 507,493 331,694

12. LOANS AND OTHER DEBTS DUE TO MEMBERS
2023 2022
£    £   
Amounts owed to members in respect of profits 42,000 46,395

Falling due within one year 42,000 46,395

In the event of liquidation debts due to members rank ahead of other debts.