Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 OC412476 Mr Robert Gasch Mr Robert Brinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure OC412476 2023-06-30 OC412476 2024-06-30 OC412476 2023-07-01 2024-06-30 OC412476 frs-core:CurrentFinancialInstruments 2024-06-30 OC412476 frs-core:MotorVehicles 2024-06-30 OC412476 frs-core:MotorVehicles 2023-07-01 2024-06-30 OC412476 frs-core:MotorVehicles 2023-06-30 OC412476 frs-bus:LimitedLiabilityPartnershipLLP 2023-07-01 2024-06-30 OC412476 frs-bus:LimitedLiabilityPartnershipsSORP 2023-07-01 2024-06-30 OC412476 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 OC412476 frs-bus:SmallEntities 2023-07-01 2024-06-30 OC412476 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 OC412476 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 OC412476 frs-countries:EnglandWales 2023-07-01 2024-06-30 OC412476 frs-bus:PartnerLLP1 2023-07-01 2024-06-30 OC412476 frs-bus:PartnerLLP2 2023-07-01 2024-06-30 OC412476 2022-06-30 OC412476 2023-06-30 OC412476 2022-07-01 2023-06-30 OC412476 frs-core:CurrentFinancialInstruments 2023-06-30
Registered number: OC412476
SRM Properties (2016) LLP
Unaudited Financial Statements
For The Year Ended 30 June 2024
Wheelhouse Hulme
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: OC412476
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 5 233,700 233,700
233,700 233,700
CURRENT ASSETS
Cash at bank and in hand 2,210 5,949
2,210 5,949
Creditors: Amounts Falling Due Within One Year 6 (2,754 ) (2,703 )
NET CURRENT ASSETS (LIABILITIES) (544 ) 3,246
TOTAL ASSETS LESS CURRENT LIABILITIES 233,156 236,946
NET ASSETS ATTRIBUTABLE TO MEMBERS 233,156 236,946
REPRESENTED BY:
Loans and other debts due to members within one year
Other amounts 233,156 236,946
233,156 236,946
233,156 236,946
TOTAL MEMBERS' INTEREST
Loans and other debts due to members within one year 233,156 236,946
233,156 236,946
Page 1
Page 2
For the year ending 30 June 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
Mr Robert Gasch
Designated Member
Mr Robert Brinson
Designated Member
07/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SRM Properties (2016) LLP is a limited liability partnership, incorporated in England & Wales, registered number OC412476 . The Registered Office is 11 Rowley Hall Drive, Stafford, ST17 9FF.
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% straight line
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. Tangible Assets
Motor Vehicles
£
Cost
As at 1 July 2023 1,140
As at 30 June 2024 1,140
Depreciation
As at 1 July 2023 1,140
As at 30 June 2024 1,140
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 233,700
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 954 903
Accruals and deferred income 1,800 1,800
2,754 2,703
Page 4