Registered No. OC403814 (England and Wales)
10 DENHAM STREET LLP
Unaudited accounts
for the year ended 31 August 2023
10 DENHAM STREET LLP
LLP Information
for the year ended 31 August 2023
Designated members
ANKOR 10 DENHAM STREET LIMITED
Registered Number
OC403814 (England and Wales)
Registered Office
124 City Road
London
EC1V 2NX
England
Accountants
Abdullah & Abdullah
6 Medway Drive
Perivale
Greenford
UB6 8LN
10 DENHAM STREET LLP
Statement of financial position
as at 31 August 2023
Investment property
6,800,000
6,800,000
Creditors: amounts falling due within one year
(130,815)
(123,497)
Net current assets
938,761
608,725
Total assets less current liabilities
7,738,761
7,408,725
Creditors: amounts falling due after more than one year
(6,820,108)
(5,500,000)
Net assets attributable to members
918,653
1,908,725
Members' capital classified as equity
875,540
1,565,540
Other reserves
43,113
343,185
Members' other interests
918,653
1,908,725
For the year ending 31 August 2023 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 24 May 2024.
ANKOR INVESTMENTS LTD
Designated member
Limited Liability Partnership Registration No. OC403814
10 DENHAM STREET LLP
Notes to the Accounts
for the year ended 31 August 2023
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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.
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors and loans from banks.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
All borrowing costs are recognised in the Profit and loss account in the period in which they were incurred.
10 DENHAM STREET LLP is a limited liability partnership, incorporated in England and Wales, registration number OC403814. Its registered office is 124 City Road, London, EC1V 2NX, England.
Fair value at 1 September 2022
6,800,000
At 31 August 2023
6,800,000
4
Creditors: amounts falling due within one year
2023
2022
Trade creditors
67,315
98,668
Other creditors
59,000
24,829
10 DENHAM STREET LLP
Notes to the Accounts
for the year ended 31 August 2023
5
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
6,820,108
5,500,000
The bank loan which is due after more than one year is secured by a fixed and floating charge over all assets of the LLP.
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
Ankor Investments Ltd registered address 124 City Road, London, England, EC1V 2NX.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).