REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 NOVEMBER 2022 TO 30 NOVEMBER 2023 |
FOR |
B & N HOLT PROPERTIES LLP |
REGISTERED NUMBER: |
ABRIDGED UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 NOVEMBER 2022 TO 30 NOVEMBER 2023 |
FOR |
B & N HOLT PROPERTIES LLP |
B & N HOLT PROPERTIES LLP (REGISTERED NUMBER: OC429416) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 1 November 2022 to 30 November 2023 |
Page |
General Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
B & N HOLT PROPERTIES LLP |
GENERAL INFORMATION |
for the period 1 November 2022 to 30 November 2023 |
DESIGNATED MEMBERS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
B & N HOLT PROPERTIES LLP (REGISTERED NUMBER: OC429416) |
ABRIDGED BALANCE SHEET |
30 November 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
- |
3,989,043 |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
3,989,043 |
TOTAL MEMBERS' INTERESTS |
Loans and other debts due to members | - | 3,989,043 |
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. |
B & N HOLT PROPERTIES LLP (REGISTERED NUMBER: OC429416) |
ABRIDGED BALANCE SHEET - continued |
30 November 2023 |
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 |
B & N HOLT PROPERTIES LLP (REGISTERED NUMBER: OC429416) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 1 November 2022 to 30 November 2023 |
1. | STATUTORY INFORMATION |
B & N Holt Properties 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 |
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. |
Computer equipment - 33% on cost |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Pension costs and other post-retirement benefits |
The LLP operates a defined contribution pension scheme. Contributions payable to the LLP's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 November 2022 |
Additions |
Disposals | ( |
) |
At 30 November 2023 |
DEPRECIATION |
At 1 November 2022 |
Charge for period |
Eliminated on disposal | ( |
) |
At 30 November 2023 |
NET BOOK VALUE |
At 30 November 2023 |
At 31 October 2022 |
B & N HOLT PROPERTIES LLP (REGISTERED NUMBER: OC429416) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 1 November 2022 to 30 November 2023 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 November 2022 |
Disposals | ( |
) |
Revaluations | (961,000 | ) |
At 30 November 2023 |
NET BOOK VALUE |
At 30 November 2023 |
At 31 October 2022 |
Fair value at 30 November 2023 is represented by: |
£ |
Valuation in 2020 | 5,126,182 |
Valuation in 2021 | 1,329,818 |
Valuation in 2023 | (961,000 | ) |
Cost | (5,495,000 | ) |