Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 OC362044 H.C.P. Capital Partners LLP The Adams Group Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC362044 2023-03-31 OC362044 2024-03-31 OC362044 2023-04-01 2024-03-31 OC362044 frs-core:CurrentFinancialInstruments 2024-03-31 OC362044 frs-bus:LimitedLiabilityPartnershipLLP 2023-04-01 2024-03-31 OC362044 frs-bus:LimitedLiabilityPartnershipsSORP 2023-04-01 2024-03-31 OC362044 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 OC362044 frs-bus:SmallEntities 2023-04-01 2024-03-31 OC362044 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 OC362044 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 OC362044 frs-countries:EnglandWales 2023-04-01 2024-03-31 OC362044 frs-bus:PartnerLLP1 2023-04-01 2024-03-31 OC362044 frs-bus:PartnerLLP2 2023-04-01 2024-03-31 OC362044 2022-03-31 OC362044 2023-03-31 OC362044 2022-04-01 2023-03-31 OC362044 frs-core:CurrentFinancialInstruments 2023-03-31
Registered number: OC362044
3 Central Avenue (West Bridgford) LLP
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: OC362044
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,191,369 1,191,369
1,191,369 1,191,369
CURRENT ASSETS
Debtors 5 45,723 27,604
Cash at bank and in hand 9,244 43,091
54,967 70,695
Creditors: Amounts Falling Due Within One Year 6 (252,280 ) (307,490 )
NET CURRENT ASSETS (LIABILITIES) (197,313 ) (236,795 )
TOTAL ASSETS LESS CURRENT LIABILITIES 994,056 954,574
NET ASSETS ATTRIBUTABLE TO MEMBERS 994,056 954,574
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 994,056 954,574
994,056 954,574
994,056 954,574
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 994,056 954,574
994,056 954,574
Page 1
Page 2
For the year ending 31 March 2024 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)
The members acknowledge their responsibilities for complying with the requirements of the Act (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 LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.
On behalf of the members
H.C.P. Capital Partners LLP
Designated Member
26/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
3 Central Avenue (West Bridgford) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC362044 . The Registered Office is 10 Oxford Street, Nottingham, Nottinghamshire, NG1 5BG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).
The financial statements are prepared in sterling which is the functional currency of the LLP.
2.2. Turnover
Turnover represents net rents receivable, excluding value added tax.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including members with contracts of employment, during the year was: NIL (2023: NIL)
- -
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 1,191,369
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,570 -
Prepayments and accrued income 25,153 27,604
45,723 27,604
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 69 93
Bank loans and overdrafts 227,417 281,700
VAT 6,543 6,554
Accruals and deferred income 18,251 19,143
252,280 307,490
Page 3