PTP Accounts Production v24.2.0.383 OC439543 designated member 1.11.22 31.10.23 31.10.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4395432022-10-31OC4395432023-10-31OC4395432022-11-012023-10-31OC4395432021-10-31OC4395432021-11-012022-10-31OC4395432022-10-31OC439543ns15:EnglandWales2022-11-012023-10-31OC439543ns14:PoundSterling2022-11-012023-10-31OC439543ns10:PartnerLLP12022-11-012023-10-31OC439543ns10:LimitedLiabilityPartnershipLLP2022-11-012023-10-31OC439543ns10:SmallEntities2022-11-012023-10-31OC439543ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-31OC439543ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-31OC439543ns10:LimitedLiabilityPartnershipsSORP2022-11-012023-10-31OC439543ns10:FullAccounts2022-11-012023-10-31OC439543ns10:PartnerLLP22022-11-012023-10-31OC439543ns10:RegisteredOffice2022-11-012023-10-31OC439543ns5:CurrentFinancialInstruments2023-10-31OC439543ns5:CurrentFinancialInstruments2022-10-31OC439543ns5:Non-currentFinancialInstruments2023-10-31OC439543ns5:Non-currentFinancialInstruments2022-10-31OC439543ns5:LandBuildings2022-10-31OC439543ns5:ComputerEquipment2022-10-31OC439543ns5:LandBuildings2022-11-012023-10-31OC439543ns5:ComputerEquipment2022-11-012023-10-31OC439543ns5:LandBuildings2023-10-31OC439543ns5:ComputerEquipment2023-10-31OC439543ns5:LandBuildings2022-10-31OC439543ns5:ComputerEquipment2022-10-31
REGISTERED NUMBER: OC439543 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

SHERI PROPERTY LLP

SHERI PROPERTY LLP (Registered number: OC439543)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SHERI PROPERTY LLP

General Information
for the Year Ended 31 October 2023







DESIGNATED MEMBERS: S. Hadipour
S Naghibi





REGISTERED OFFICE: 4 Quex Road
London
NW6 4PJ





REGISTERED NUMBER: OC439543 (England and Wales)





ACCOUNTANTS: Purcellz
4 Quex Road
London
NW6 4PJ

SHERI PROPERTY LLP (Registered number: OC439543)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,475,606 3,475,808

CURRENT ASSETS
Cash at bank 5,687 2,982

CREDITORS
Amounts falling due within one year 5 10,354 5,910
NET CURRENT LIABILITIES (4,667 ) (2,928 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,470,939

3,472,880

CREDITORS
Amounts falling due after more than one
year

6

3,468,595

3,468,595
NET ASSETS ATTRIBUTABLE TO
MEMBERS

2,344

4,285

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

2,344

4,285

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 7 2,344 4,285

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 October 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.

SHERI PROPERTY LLP (Registered number: OC439543)

Balance Sheet - continued
31 October 2023


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 27 July 2024 and were signed by:





S Naghibi - Designated member

SHERI PROPERTY LLP (Registered number: OC439543)

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

1. STATUTORY INFORMATION

SHERI PROPERTY 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.

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.

3. EMPLOYEE INFORMATION

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 November 2022
and 31 October 2023 3,475,000 1,078 3,476,078
DEPRECIATION
At 1 November 2022 - 270 270
Charge for year - 202 202
At 31 October 2023 - 472 472
NET BOOK VALUE
At 31 October 2023 3,475,000 606 3,475,606
At 31 October 2022 3,475,000 808 3,475,808

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other creditors 7,714 4,285
Accrued expenses 2,640 1,625
10,354 5,910

SHERI PROPERTY LLP (Registered number: OC439543)

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

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Other loans 3,468,595 3,468,595

7. LOANS AND OTHER DEBTS DUE TO MEMBERS
31.10.23 31.10.22
£    £   
Amounts owed to members in respect of profits 2,344 4,285

Falling due within one year 2,344 4,285